| Sovereign Rarities Ltd > Auction 11 | Auction date: 16 November 2023 |
| Lot number: 137 Price realized: 1,900 GBP (Approx. 2,364 USD / 2,173 EUR) Note: Prices do not include buyer's fees. | Show similar lots on CoinArchives Find similar lots in upcoming auctions on  |
| Lot description: g MS61| India, British India, uniform series, George V (1911-36), gold 15-Rupees, 1918, crowned bust left, rev. value, country and date within floral scroll, 7.98g (Pr. 25; SW 8.1). Graded by NGC as MS61. NGC Certification 4863615-045 In 1917 permission was granted for a gold Sovereign, dated 1918, to be struck in India at the rate of 15-Rupees and with the mint mark I. It was produced at a branch of the Royal Mint which was established for the purpose in Bombay. Nevertheless, being essentially a foreign denomination it did not prove popular. In 1918 the gold 15-Rupees was authorized with the same size, weight and fineness as the sovereign, and was struck by the Bombay Mint itself, for one year only. The gold 15-Rupees ceased to be legal tender in 1927 and although the mintage figures are higher for the 15-Rupees than for the 1918I Sovereign, the gold 15-Rupees remains the scarcer coin by far for collectors today and is an essential component to any British India collection. g This item is sold under the investment gold scheme. VAT may be reclaimed on investment gold lots by VAT registered traders. Starting price: 1600 GBP |  |
