Due to the shortage of pod duang, or bullet money as it was known to foreigners, in circulation brought about by new demands
from foreign traders in conjunction with problems with counterfeit pod duang, King Rama IV sought to mint flat coinage by
the ancient hammering method
(Treasury Department, 2005)
. These first coins were struck by hand by cutting circular planchets from a thin
sheet of metal, then placing these planchets between an anvil reverse
die and using a hammer on the obversedie to imprint
the design onto the planchet.The second run of hammered coins featured the mark of the Mongkut
with a bouquet of flowers on the reverse with a Krung Thep (Kingdom of the Gods, also the
current name of Bangkok) on the obverse in Thai script and due to the slow method of manufacture,
very few of each denomination were produced
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