One-satang coin
Currency unit
From Wikipedia, the free encyclopedia
The Thailand one-satang coin (1 st. or 1 สต.) is a currency unit equivalent to one-hundredth of a Thai baht. It is rare in circulation but used in banking transactions.
Thailand | |
| Value | 0.01 Thai baht |
|---|---|
| Mass | 0.5 g |
| Diameter | 15 mm |
| Edge | Plain |
| Composition | Aluminium 99% Al |
| Years of minting | 1908–Present |
| Catalog number | - |
| Obverse | |
| Design | King Vajiralongkorn |
| Designer | Vudhichai Seangern |
| Design date | 2018 |
| Reverse | |
| Design | Royal Monogram of King Vajiralongkorn |
| Designer | Chaiyod Soontrapa |
| Design date | 2018 |
The first satang coin was issued from 1908 to 1937, and featured a hole through the middle.[1] It was made of bronze and measured 22mm in diameter, weighing 4.6g. It bore the name of King Rama VI.[2] A coin in the same design was minted in 1939 with the name of King Rama VIII, and had a mintage of 24.4 million.[3] In 1941 the design of the coin changed, although it was still bronze with a hole. The diameter changed to 20mm and the weight to 3.5g.[4]
The hole was removed in 1942 [5] as the coin's composition became tin, reducing its weight to 1.5g and the diameter to 15mm. Only issued in 1942, it had a mintage of 20.7 million.[6] The design was changed on the coin, although it retained its specifications, in 1944. This coin had an issue of 500,000.[7]
The coin then fell out of circulation. It was reintroduced in 1987 as an aluminium coin weighing 0.5g and measuring 15mm in diameter. This was the first one-satang coin to feature a portrait of a monarch, King Rama IX, which was sculpted by Wuthichai Saengngoen.[8] A commemorative was released in 1996 to mark 50 years since of the reign of Rama IX, with a front-facing portrait of the King at his succession.[9] In 2008, the current portrait of the King was inserted on the obverse.[10]
Evolution of 1 satang
- Evolution of 1 satang
1987
1944
1941
1908
Buying Power
Since the satang only extend back to 1908, and due to the currency being non-decimal prior to this point, descriptions of how much a satang could buy starts from the reign of Rama VI.
1910-1925
Rice with various curries (green, red, etc.) costs 1 satang per set. A bowl of noodles also costs 1 satang. Water was free. Soda and sweet drinks costs 1 satang per bottle. Cigarettes (3 to 7 sticks) costs 1 satang depending on the branding. [11]
1925-1935
Rice and curries, along with noodles now costs 3 satang. A whole box of cigarettes costs 3 satang also. Though, 1 satang food set still exists. [11]
Mintages
- 1987 ~ 93,000
- 1988 ~ 200,000
- 1989 ~ 109,000
- 1990 ~ 191,050
- 1991 ~ 25,000
- 1992 ~ 61,000
- 1993 ~ 126,000
- 1994 ~ 500,000
- 1995 ~ 500,000
- 1996 - 0
- 1997 ~ 10,000
- 1998 ~ 10,000
- 1999 ~ 20,000
- 2000 ~ 10,000
- 2001 ~ 50,000
- 2002 - 0
- 2003 ~ 10,000
- 2004 ~ 10,000
- 2005 ~ 20,000
- 2006 ~ 3,000
- 2007 ~ 10,000[12]
- 2008 ~ 10,000
- 2009 ~ 10,000[13]
