Luang Phor Khoon amulets have soared in value after the revered abbot's death Saturday as demand far exceeds supply.
Please join us on our Facebook page http://www.facebook.com/bangkokpostlearning
Amulet market booms after abbot's death
Luang Phor Khoon coins worth up to B1m
POST REPORTERS
The death of the revered abbot Luang Phor Khoon has got the country's amuletmarkets buzzing.
The market in Nakhon Ratchasima, especially the one behind Thao Suranari Monument in Muang district has boomed since the abbot died on Saturday, said Nara Suramen, the owner of an amulet shop behind the monument.
Amulet masters have been seeking out old, high value amulets of Luang Phor Khoon while general collectors looked for "contemporary amulets" made after 1993 which are worth about 100-300 baht each.
The most highly sought-after talismans made and blessed by the revered monk are coins made in 1969, 1974 and 1976 which are estimated to range in value from thousands of baht to over a million baht each, according to Ms Nara.
POST REPORTERS
The death of the revered abbot Luang Phor Khoon has got the country's amuletmarkets buzzing.
The market in Nakhon Ratchasima, especially the one behind Thao Suranari Monument in Muang district has boomed since the abbot died on Saturday, said Nara Suramen, the owner of an amulet shop behind the monument.
Amulet masters have been seeking out old, high value amulets of Luang Phor Khoon while general collectors looked for "contemporary amulets" made after 1993 which are worth about 100-300 baht each.
The most highly sought-after talismans made and blessed by the revered monk are coins made in 1969, 1974 and 1976 which are estimated to range in value from thousands of baht to over a million baht each, according to Ms Nara.
Millions of people nationwide wear amulets, believing they can ward off evil spirits and danger, and also bring them happiness or success.
Narin Kuaytawimon, 39, the owner of an amulet frame-casing company in Muang district said her business has grown as more collectors want to have their Luang Phor Koon amulets encased in either plastic or metal, generating more income for her shop.
In the capital, the image of Luang Phor Khoon made in 1994 is in high demand at Tha Phra Chan market on Maha Rat Road, according to an amulet master who asked not to be named, while the coins made in 1969, 1974, and 1976 are also popular.
Talisman prices are expected to rise when the sacred objects change hands, the mastersaid, adding that while hundreds of amulets were made, thousands of people want to have them, which pushes up the prices.
Meanwhile, the abbot's body was moved to Srinagarind Hospital in Khon Kaen province, in keeping with his will which he made in mid-2000 when he asked that his body be donated to Khon Kaen University's Faculty of Medicine within 24 hours. His body will be used for medical studies for the next three years.
Luang Phor Khoon passed away at Maharat Nakhon Ratchasima Hospital at 11.45am on Saturday at the age of 92.
In the capital, the image of Luang Phor Khoon made in 1994 is in high demand at Tha Phra Chan market on Maha Rat Road, according to an amulet master who asked not to be named, while the coins made in 1969, 1974, and 1976 are also popular.
Talisman prices are expected to rise when the sacred objects change hands, the mastersaid, adding that while hundreds of amulets were made, thousands of people want to have them, which pushes up the prices.
Meanwhile, the abbot's body was moved to Srinagarind Hospital in Khon Kaen province, in keeping with his will which he made in mid-2000 when he asked that his body be donated to Khon Kaen University's Faculty of Medicine within 24 hours. His body will be used for medical studies for the next three years.
Luang Phor Khoon passed away at Maharat Nakhon Ratchasima Hospital at 11.45am on Saturday at the age of 92.
https://www.bangkokpost.com/learning/advanced/564767/luang-phor-khoon-amulets-in-high-demand
Comments