The Treasury Department will propose the production of coins bearing the face of His Majesty King Maha Vajiralongkorn Bodindradebayavarangkun to the cabinet on Tuesday.
Pachara Anantasin, the director-general of the Treasury Department, said Sunday the proposal will be tabled at the day's cabinet meeting.
The amount of the coins produced in the first run will depend on the cabinet resolution, he said, adding the coins were expected to be launched after the coronation of His Majesty the King.
As for commemorative coins for the coronation, Mr Pachara said the department hoped to mint them along with those general coins, and the plan was now being considered by the King.
The public can still use coins bearing the portrait of the late King Bhumibol Adulyadej for payment as usual. The old versions of the coins will be gradually replaced by King Rama X's coins, he said.
According to the department, around 30.77 billion coins, worth 61.7 billion baht, bearing the late King's portrait are currently in circulation in the country with an expected lifetime of around 10 years.
Meanwhile, a total of 3,156,408 people flocked to the late King's royal crematorium site at Sanam Luang in Bangkok between Nov 2 and Dec 16, according to a unit maintaining peace and order during the exhibition after the late King's royal funeral rite.
On Saturday alone, the site welcomed a total of 48,605 visitors who admired the crematorium, Phra Meru Mas and exhibitions featuring King Bhumibol's royal projects and the traditional beliefs associated with crematorium construction.
Maj Gen Thani Chuichay, deputy chief of the unit, said authorities are preparing to handle an increase in the number of visitors during the last two weeks of the exhibition which will be open to the public until Dec 31.