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Death Of Thailand's King Is Windfall For Many Thai People!
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<p>[QUOTE="keemao, post: 2583960, member: 43972"][ATTACH=full]561433[/ATTACH] [ATTACH=full]561429[/ATTACH] Just finished my last trip to Thailand to visit wife's family and friends. We usually go twice a year. Did my usual trip down to the main Post Office by the coin shops where dealers set up every weekend underneath the PO in a nice inside room. Well, they have been removed from the PO now and have to set up outside on a corner with a few canvas covers to keep the sun off everyone. It's a very small crowded area now.</p><p><br /></p><p>Since the King died in October, the Treasury offices have been cleaned out of every coin, medal, etc imaginable, including the gold coins. You cannot go in and buy any now which has led to all the dealers and opportunists that bought everything to charge astronomical prices for the coins, bills, etc. For example, a 20 baht coin that you used to be able to buy at the Treasury office for 20 baht sells for maybe 400 baht depending on who you deal with. Needless to say, I only bought a couple currency bills I wanted and a few replacement 10 baht coins for my set to replace ones that were not in very good shape and figured in time it would get back to normal. That may not happen for quite some time.</p><p><br /></p><p>Besides the PO group, when we went by the main Treasury office over by Khoa San Road in Bangkok, there were several people lined up on the sidewalk outside selling all the coins, etc they had bought shortly after the King's death. We also went to another Treasury office back off the Ari BTS stop and encountered a few people in the parking lot there selling the coins.</p><p><br /></p><p>I will post several pictures of what I found just for your perusal. The PO group's setup was not very ideal because of too many people crowded around the small area. It was terribly hot and by the time we left after about 20 minutes of trying to look, take pics, get a few things, we were literally soaked in sweat. Not a place I will visit again until things calm down and it's not so crazy there.</p><p><br /></p><p>Obviously, although the Thai people are saddened by the King's death, those that were able to buy up all the coinage right away are profiting greatly. There were always many people stopping at the sellers' setups inquiring about prices or buying when we checked out the Treasury offices. We did manage to purchase some of the 3 coin sets that the Treasury offered mid-November. 3 20 baht coins that they did a special sale for that you could only buy at the Treasury, on set per person. I believe it was limited to 1,000,000 sets throughout the country.</p><p><br /></p><p>So if you are planning a trip to Thailand in the near future and want to buy coins and currency, good luck!!! It will cost you a lot more than it normally would.</p><p><br /></p><p>This first group of photos is from the PO setup of dealers that are there every weekend.[ATTACH=full]561421[/ATTACH] [ATTACH=full]561422[/ATTACH] [ATTACH=full]561423[/ATTACH] [ATTACH=full]561424[/ATTACH] [ATTACH=full]561425[/ATTACH] [ATTACH=full]561426[/ATTACH] [ATTACH=full]561427[/ATTACH] [ATTACH=full]561428[/ATTACH] [ATTACH=full]561429[/ATTACH] [ATTACH=full]561431[/ATTACH][/QUOTE]</p><p><br /></p>
[QUOTE="keemao, post: 2583960, member: 43972"][ATTACH=full]561433[/ATTACH] [ATTACH=full]561429[/ATTACH] Just finished my last trip to Thailand to visit wife's family and friends. We usually go twice a year. Did my usual trip down to the main Post Office by the coin shops where dealers set up every weekend underneath the PO in a nice inside room. Well, they have been removed from the PO now and have to set up outside on a corner with a few canvas covers to keep the sun off everyone. It's a very small crowded area now. Since the King died in October, the Treasury offices have been cleaned out of every coin, medal, etc imaginable, including the gold coins. You cannot go in and buy any now which has led to all the dealers and opportunists that bought everything to charge astronomical prices for the coins, bills, etc. For example, a 20 baht coin that you used to be able to buy at the Treasury office for 20 baht sells for maybe 400 baht depending on who you deal with. Needless to say, I only bought a couple currency bills I wanted and a few replacement 10 baht coins for my set to replace ones that were not in very good shape and figured in time it would get back to normal. That may not happen for quite some time. Besides the PO group, when we went by the main Treasury office over by Khoa San Road in Bangkok, there were several people lined up on the sidewalk outside selling all the coins, etc they had bought shortly after the King's death. We also went to another Treasury office back off the Ari BTS stop and encountered a few people in the parking lot there selling the coins. I will post several pictures of what I found just for your perusal. The PO group's setup was not very ideal because of too many people crowded around the small area. It was terribly hot and by the time we left after about 20 minutes of trying to look, take pics, get a few things, we were literally soaked in sweat. Not a place I will visit again until things calm down and it's not so crazy there. Obviously, although the Thai people are saddened by the King's death, those that were able to buy up all the coinage right away are profiting greatly. There were always many people stopping at the sellers' setups inquiring about prices or buying when we checked out the Treasury offices. We did manage to purchase some of the 3 coin sets that the Treasury offered mid-November. 3 20 baht coins that they did a special sale for that you could only buy at the Treasury, on set per person. I believe it was limited to 1,000,000 sets throughout the country. So if you are planning a trip to Thailand in the near future and want to buy coins and currency, good luck!!! It will cost you a lot more than it normally would. This first group of photos is from the PO setup of dealers that are there every weekend.[ATTACH=full]561421[/ATTACH] [ATTACH=full]561422[/ATTACH] [ATTACH=full]561423[/ATTACH] [ATTACH=full]561424[/ATTACH] [ATTACH=full]561425[/ATTACH] [ATTACH=full]561426[/ATTACH] [ATTACH=full]561427[/ATTACH] [ATTACH=full]561428[/ATTACH] [ATTACH=full]561429[/ATTACH] [ATTACH=full]561431[/ATTACH][/QUOTE]
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Death Of Thailand's King Is Windfall For Many Thai People!
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