Description

Thailand 20 Baht Series 5 Pick 49b, BNB B115b
ND (1942), Government of Thailand — Series 5
Signature: Pao Pienlert Boripanyuthakit
Printer: Japanese Ministry of Finance Printing Office
PMG 53 EPQ — About Uncirculated, Exceptional Paper Quality (As Made Ink)

Obverse: Portrait of King Ananda Mahidol (Rama VIII) in military uniform; Aisawan Thiphya-Art pavilion on the Chao Phraya River; Royal Garuda emblem; airapote (3-headed elephant)
Reverse: Padej Dusakorn Fort and Grand Palace in Bangkok

This note belongs to the Pick 49b variety, distinguished by three serial numbers — Western numerals upper left and right, Thai letter prefix lower left. Prefix P/22 falls within the issued range of P/21–P/30. The “As Made Ink” notation by PMG confirms an ink irregularity present at the time of manufacture, not a post-issue defect.

Further reading: Thailand Series 5 Banknotes: The WWII Japanese Print Series

PMG Certification: https://www.pmgnotes.com/certlookup/1538685-006