The First Art Newspaper on the Net Established in 1996 United States Wednesday, March 4, 2015


Rare "bullet coin" in London auction: Thai treasure expected to sell for up to £6,000 in Morton & Eden sale
Bullet coins (pot duang) remained in use in ancient Siam (Thailand) until 1860 when traditional flat coinage was introduced.
LONDON.- An extremely rare so-called bullet coin the size and shape of a marble discovered in a collection of Far Eastern coins formed in the 1960s is expected to sell for up to £6,000 in a London sale next Wednesday (June 5).

Made in 1880, the silver coin commemorates the death of the mother of Rama V (1853-1910), known as the Royal Buddha, who was considered one of the greatest kings of Siam. It will be sold by specialist auctioneers Morton & Eden in association with Sotheby's.

Bullet coins (pot duang) remained in use in ancient Siam (Thailand) until 1860 when traditional flat coinage was introduced. They were made from bars of silver and gold, thicker in the middle, and bent round to form a complete circle. The shape is thought to imitate the ancient currency of cowrie shells, widely used as money. Their value depended on size, ranging from 1/128 of a baht to 80 baht in silver and from 1/32 to 4 baht in gold.

The very rare example in Morton & Eden's sale would have had an unusually high value of 20 baht but would never have been in circulation and was probably made for ceremonial purposes.

Auction specialist Jeremy Cheek said he was amazed when he found the coin in the collection. "Bullet coins of this size and type are extremely rare and unusual," he said. "The uninitiated would pass them by but they are coveted by collectors.

"They are always struck with countermarks to prove their authenticity, one of which is always an ornate chakra wheel. This example also has an ornate royal crown mark and an exceptionally rare mark showing a Thai flower with the date 1242."

Interestingly, the collection was also found to contain a pattern or suggested trial piece for a flat coin imported into Thailand in 1835 by a Mr Hunter to show to Rama III as a possible replacement for traditional bullet coins. It was not well received and the king sent him packing. The pattern is estimated at £800-1,200.





Today's News

May 31, 2013

"The English Pompeii": New Mary Rose Museum in Portsmouth opens its doors to visitors

Christie's announces The Impressionist & Modern Art Evening Sale to be held in June

Russian scientists make rare find of 'blood' in carcass of female woolly mammoth

Iraq to restore ancient arch of Ctesiphon as part of a plan to boost tourism to the once-popular site

A selection of works by Italian artist Mario Merz opens at Gagosian Gallery in Paris

Sarah Sze presents a series of interrelated installations at the Venice Biennale

Indianapolis Museum of Art receives major painting by William-Adolphe Bouguereau

Corning Museum of Glass unveils final design of North Wing expansion slated to open in late 2014

The Whitney presents United States premiere of a new work by David Hockney

Abdellah Karroum appointed Director of Mathaf: Arab Museum of Modern Art in Doha

Bonhams re-draw record for Lowry pencil drawings in £4.8 million sale in London

Alexandra and Sidney Sheldon's exceptional collection of dolls up for auction at Bonhams

A Portable History of Photography on view at Cultural Cordon Exhibition Hall in Burgos

Israel Museum presents major exhibition exploring influence of immigration on 20th-century photography

Exhibition of new work by James J. Williams III opens at envoy enterprises

Bryan Adams exhibition opens at Marfa Contemporary as final stop of 3-city American tour

Solo exhibition of new paintings by Teo González opens at Contemporary Wing in Washington

Faberge Museum announces major new acquisitions plan to offset losses

Rare "bullet coin" in London auction: Thai treasure expected to sell for up to £6,000 in Morton & Eden sale

Dreyfus prison letter sells for 380,000 euros in Paris

Most Popular Last Seven Days



1.- Leonardo da Vinci exhibition offers a very rare look at artist's fascination with beauty

2.- The Barnes Foundation discovers two sketches by Paul Cézanne behind watercolors

3.- From dust to digital: Millions of images from the world's endangered archives made available

4.- Exhibition at Kunsthaus Zurich explores Europe’s view of Japan in the 19th century

5.- Gustav Klimt's world-famous painting 'The Lovers' now available as a gigapixel photograph

6.- Belvedere highlights both the political and social aspects of The Congress of Vienna

7.- Crystal Bridges debuts an exhibition of masterworks from the collection of the Albright-Knox Art Gallery

8.- Rarely seen masterpieces from Europe's greatest dynasty on view in Minneapolis

9.- Rouen to open new museum dedicated to tracing the history of French heroine Joan of Arc

10.- Retrospective exhibition of Vivian Maier's photographs opens at Willy-Brandt Haus



Museums, Exhibits, Artists, Milestones, Digital Art, Architecture, Photography,
Photographers, Special Photos, Special Reports, Featured Stories, Auctions, Art Fairs,
Anecdotes, Art Quiz, Education, Mythology, 3D Images, Last Week, .

 

Founder:
Ignacio Villarreal
Editor & Publisher: Jose Villarreal - Consultant: Ignacio Villarreal Jr.
Art Director: Juan José Sepúlveda Ramírez - Marketing: Carla Gutiérrez
Special Contributor: Liz Gangemi - Special Advisor: Carlos Amador
Contributing Editor: Carolina Farias

Royalville Communications, Inc
produces:

ignaciovillarreal.org theavemaria.org juncodelavega.org facundocabral-elfinal.org
Founder's Site. The most varied versions
of this beautiful prayer.
Hommage
to a Mexican poet.
Hommage
       

The First Art Newspaper on the Net. The Best Versions Of Ave Maria Song Junco de la Vega Site Ignacio Villarreal Site