Oswal Auctions > Auction 81Auction date: 16 November 2019
Lot number: 169

Price realized: Unsold
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Lot description:


Mughals : Akbar
Akbar, Anonymous Copper 1/25th Dam or "Jital", 0.79g, Ilahi Year 43, Obv: Persian legend Jital, Rev: Persian legend Ilahi 43. Extremely fine, exceedingly rare.
Towards the latter part of his reign, Akbar sporadically issued coins with the name of the denomination written on them. For silver coins, this was in Ilahi 47 and 48 but the practice had started a few years earlier. Copper coins with denominations 'Nisfi' (Half Dam), 'Ruba'i or 'Damra' (1/4 Dam), 'Damri' (1/8th Dam) but without any mint names were struck from AH992 / Ilahi 32 onwards. Later, when Akbar issued the 'Tanka' or '2 Dam' coin, it's fraction were struck with the mention of the denomination as a part (fourth, eighth, sixteenth etc.) of the 'Tanka'.
The 'Jital' was the smallest copper coin instituted by Akbar but according to the 'Ain-i Akbari' of Abu'l Fazal, it was only a denomination of account. It was equivalent to 1/25th of the Dam, thus weighing lower than the 'Damri'. Even though mentioned by Abu'l Fazal as an 'imaginary division', extremely rare specimens show that the denomination was indeed struck during Akbar's reign. A couple were published several years ago in the Oriental Numismatic Society Newsletter by the renowned collector of Mughal coins, the late Dilip Shah. A couple others are in private hands. This is by far a most desirably preserved specimen with legends on both sides legible and intact.

Estimate: 80000-90000 INR