Stephen Album Rare Coins > Auction 48 | Auction date: 18 January 2024 |
Lot number: 747 Price realized: 17,000 USD (Approx. 15,666 EUR) Note: Prices do not include buyer's fees. | Show similar lots on CoinArchives Find similar lots in upcoming auctions on |
Lot description: BRITISH INDIA: William IV, 1830-1837, AV mohur, 1835(b), KM-451.1, S&W-1.16, Prid-17, Bombay Mint proof restrike, no dot after date, no initials on truncation, edge straight-grained, NGC graded Proof 61. From as early as 1806 the East India Company had hoped to achieve a single currency for all of its Indian Presidencies. This was achieved in 1833 when the rupees of Bengal moved into line with those of Madras and Bombay. After some experimentation in 1834, by Act XVII of August 17, 1835, the Company moved forward towards a uniform coinage, not only of weight standard, but also of design. Under the new system the silver rupee was legal tender. The gold double mohur and mohur coins, although initially passing at 30 and 15 rupees, were to float in terms of the rupee according to the metal market. The gold coins were not legal tender. Estimate: 10 000-12 000 USD Starting price: 8500 USD |