Treasury orders probe into disappearance of ultra-rare coins

Rare coins owned by the state have gone missing two months after they spawned a frenzy.

Eight of the 80 rare 10-baht coins that everyone was searching for after a big cash bounty was placed on them have gone missing from a vault in the Treasury Department.

Made to show off the new 10-baht coin at a UK exhibition, only 100 of the coins were created in 1990. Twenty were given to exhibition delegates and the remaining 80 were supposed to be locked up tight.

“The coins are regarded as state property,” treasure chief Naris Chaisutr told the Bangok Post. “We have to find out where those 18 missing coins have gone, who has them and how they obtained them.”

No one had thought much about the coins until this past August, when Punnawat Siriruengwanich, owner of Panun Jewelry Shop in Rayong, announced he’d pay THB100,000 for each found.

That prompted a national scavenger hunt for almost a week until the government stepped in and said, no, the coins belong to us.

Related:

Govt claims rare 10-baht coins as shop cancels 100,000 baht bounty

Someone’s offering 100,000 baht for this coin




BECOME A COCO+ MEMBER

Support local news and join a community of like-minded
“Coconauts” across Southeast Asia and Hong Kong.

Join Now
Coconuts TV
Our latest and greatest original videos
Subscribe on