Lot 2127

Description

Madras Presidency, Muhammadan system, European Style Coinage, in the name of 'Alamgir II (A.H.1167-1173, A.D. 1754-1759), gold rupee or mohur, issued 1817-1818, (11.588 grams), Madras mint, closed lotus type, impressed with the mint name Arkat, type as silver rupee with frozen date, A.H.1172, Regnal Year 6, edge with centre graining to left, (Pr. 238, KM. 418). Several edge knocks and scratches in the field probably from mounting, otherwise very fine and rare.

A total of 59,250 were struck. The issue was authorized in September 1817 and proclaimed current in December 1817 at a rate of 15 silver rupees for one gold rupee. Because the issue was identical in size weight and design to the silver rupees the gold issue was changed to new designs in 1819.