1 Dollar THB Banknote (1970 October Issue) 1970

1 Dollar Baht / Tical (Issued 1970)

During the Vietnam War era, Thailand played a significant role as a staging ground and allied nation supporting United States military operations across South-East Asia, with Thai forces deployed in the region from the late 1960s onwards. To manage the financial transactions of Thai military personnel serving in Vietnam, a dedicated series of Military Payment Certificates was introduced in October 1970, allowing troops to conduct commerce within approved channels without handling standard currencies. These coupons circulated exclusively among Thai service personnel stationed in the Republic of Vietnam, facilitating purchases at designated facilities and preventing the leakage of hard currency into local black markets. The October 1970 issue represents a controlled wartime financial instrument, now withdrawn from circulation, that documents a distinct chapter in Thailand’s mid-twentieth-century military and economic history.

On the front, the note is dominated by bold, large-format typography reading “ONE DOLLAR” across the central field, rendered in deep blue-green ink against a richly layered background of fine-line guilloché work in shades of pink, mauve, and olive green. The guilloché pattern radiates outward from the centre in intricate concentric waves, providing an anti-counterfeiting ground tint of considerable complexity. Above the main denomination text, a decorative floral or flame-like motif — consistent with traditional Thai ornamental design — appears in green at the top centre, lending a culturally distinctive quality to the otherwise functional coupon format. The serial number “No 059453 A” is printed in blue at the upper left, flanked by the word “COUPON” in blue capital letters at the upper right. The numeral “1” appears in blue at the upper right corner within a panel of fine engine-turned line work. Along the lower edge, the phrase “NON-NEGOTIABLE” is printed clearly in blue capital letters, reinforcing the restricted-use nature of the instrument. To the right side of the note, Thai script text appears in three lines, identifying the coupon’s purpose and authority — describing its use for Thai military personnel in Vietnam — followed below by a shield-shaped emblem, likely the Royal Thai Armed Forces insignia, rendered in blue with detailed internal line engraving.

The reverse is printed predominantly in blue ink on a pale pink paper ground, creating a clear two-tone contrast. At the centre, the denomination “ONE DOLLAR” is again rendered in large, bold blue capital letters, with the word “COUPON” appearing twice — once to the left and once to the right — in smaller blue type. The numeral “1” appears in two locations: within an octagonal panel at the upper right corner and within a rectangular cartouche at the lower left, both featuring fine-line guilloché surround work. The central background of the reverse is filled with an elaborate symmetrical floral and foliate design of considerable intricacy, featuring flame-like pointed arch motifs and layered petal arrangements that draw on Thai decorative artistic traditions, all printed in blue over the pink ground. In the upper left corner, a shield emblem bearing the inscription “VICTORY VIETNAM” is clearly visible, providing a direct military context for the coupon’s issuance. Along the lower edge, a further line of Thai script text appears, again referencing Thai military personnel in Vietnam, consistent with the text visible on the front. The overall printing quality on the reverse is clean and precise, with the guilloché and ornamental elements showing careful registration.

Sell foreign coins and banknotes the simple way: this 1 Dollar Military Payment Certificate can be exchanged through Webuyallcurrency.com together with other old or withdrawn Thai Baht banknotes, all settled in a single transaction.

• Indicate the quantity of 1 Dollar Baht / Tical banknotes you want to exchange
• Click the ‘Add to your account’ button
• Your online account now shows the exchange value

Webuyallcurrency.com makes it easy to sell foreign coins and banknotes for cash, taking Thai Baht banknotes along with modern and withdrawn currency so everything is converted in one step.