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 obverse die 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