More memorial coins, after quick sale of first batch

Breaking News August 28, 2017 16:16

By The Nation

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Responding to public demand, the Treasury Department is going to mint more commemorative coins to mark the funeral of His Majesty the late King Bhumibol Adulyadej.

Reservations for the additional lot can be made from September 18. 

People can place the reservations via any branch of the Treasury Department or 19 major commercial banks, director general, Patchara Anuntasilpa, announced on Monday.

The announcement follows the sale of all of the original lot of gold, silver and bronze coins in less than two days last week. The startling success occurred even though each holder of a Thai national identity card can reserve no more than one gold coin, no more than two silver coins, no more than one sandblasted black-coated bronze coin, and three cupronickel coins in the first round. 

A gold coin costs Bt50,000, a silver coin Bt2,000, a bronze coin Bt3,000, and a cupronickel coin Bt100.

“For the second round of reservation, each person can place orders only for types of coins they did not yet purchase in the first round,” Patchara said.

Moreover, silver coins are now limited to one per person.

The Treasury Department plans to produce no more than an additional 50,000 gold coins, 400,000 gold coins, and 40,000 sandblasted black-coated bronze coin.

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