Asterisk Code

 

Banknotes with an asterisk code are those which were printed for the purpose to be exchanged; either against wrong pressure,
or current banknotes, or presently called " substitution banknotes" in order to help accelerate the printing process and also help
reduced error form printing. Nowadays the Bank of Thailand uses the alphabetical code 'S'' for the substitution banknotes.
In 1948 the Bank of Thailand has found out that some 1 Baht notes circulated, without signature, in Mae Sod Distrikt.
Therefore, the bank has done an inquiry with Thomas de la Rue, he should hunt up these misprints to allow to destroy later around
them, but these banknotes have been stolen by assistants Thomas de la Rue branch in Rangoon / Burma.
The Bank of Thailand without having knowledge about these events sent a representative (Luang Thanatornpinit) to Rangoon
to supervise the destruction of the notes. He found out that there were printed 1Baht, 5 and 10 Bahtnoten.
The bank arranged an immediate stop of the pressure again, because the situation was still insecure in Burma and they wanted
to avoid an unnecessary loss.
The Bank of Thailand also requested Thomas de le Rue to closed down it's branch in Rangoon which the company complied.
During the transportation the printing element witness and notes on the ship, one of the transporting ships with a reservoir with
50.000 Baht in notes with 20 Baht Asteriskcode overprint (series number 211001-261000) sunk on the Irawadee River.
Later these banknotes have been rescued and it was forgotten to provide these banknotes with a signature and number, however,
they circulated furthermore in the country. These banknotes have been called non-official and could not be used as a legal
currency means. The bank made an announcement to exchange these banknotes from honestly persons with the leagal one.
Andasked Thomas De La Rue to be responsible for the compensation to the Bank of Thailand which the company agreed.
One has found an old stamped letter, sent from Mae Sod to Bangkok, date 28.11.1949, while was discussed a large sum of money
(around 10.000 Baht) which were in the circulation in Mae Sod . These banknotes, were said, had sunk or were stolen from the
ship loaded with banknotes. However, this letter, did not discussed to the extent about which type of banknotes and whether or
not an asterisk code banknotes were included in this ordeal. In every case one thinks that this incident stands in the connection
with it. Furthermore it was discussed in this letter also an exchange against legal banknotes for a certain sentence of the value.
It is to be gone of it from that these facts might be interesting for banknote collectors.
Today banknotes with an "asterisk" code are to be thought in 4 variants, 1 Baht, 5 Baht, 10 Baht and 20 Baht notes),
printed with red and black ink.

 

An old registered letter, in which is discussed about Asterisk code bank notes, sends from Mae Sod to Bangkok.


 

 

 

5 Baht Asterisk Code Banknote

 

 

 

 

Banknote with the faked signature which was in the circulation.

The authorities call this as
illegal banknotes.

 

 

 

20 Baht Asterisk Code Banknoten

 

 

Banknote without authorized signature.
One believes, it comes from a ship which has sunk on the "Irawadee" river.

 

 

 

 

 

Banknote with the faked signature which was in the circulation.

The authorities call this as
illegal banknotes.

 

 

 

 

 

Banknote with faked signature,
but the"Bank Of Thailand" allowed honest citizens, to exchange this for legal banknotes.
Then the exchanged notes were provided by the authority with a "PAID"stamp.