Saturday, November 28, 2009

Don't Forget About the Indians

Do you have an Indian coin and want to know its value? Leave a comment

Recently I've been getting a lot of foreign money, most from Canada. This one came to me via the change from a clothing store. They must have thought it was a quarter because it is very weakly pressed that at the right angle most of design is barely visible.

Yes those are wheat stalks on the back, very reminiscent of the U.S. wheat cent. On the front are the Ashoka lion and Ashoka Chakra all symbols of the once emperor Ashoka the Great who is now 2241 years dead. Anyone taking an ancient Asian history class or history of art class is bound to run into this topic.

Back to the coin it has a mintmark under the date. The dot.
This means it is from the Noida (N) mint.

Other mints are:
  • B - Mumbai (Bombay), proof issues only
  • (B) - Mumbai (Bombay), a diamond
  • (C) - Calcutta, no mint mark
  • (H) - Hyderabad, a star (1963-- )
  • M - Mumbai (Bombay), proof only after 1996
  • (T) - Taegu (Korea), a star below first or last date digit
At the end the type of mintmark adds little to no extra value as the amount of coins made are always high. Also the exact production figures are not easy to find so it is assumed to be high.

Here's the stats...
Type/Country: 1 Rupee / India
Year: 2001 (N)
Mintage: Not yet known.
Metal: 100% Stainless Steel
Value: $0.15 in VF(this one is lower)

I suspected this may be a cast fake, as fake coins are common outside the U.S., but it weighs 4.85 grams and is magnetic so I will assume it is real just weakly struck.

Do you have a coin from India and want to know its value? Leave a comment/question and I will do my best to find out the price and history for you.

6 dollars worth, for Comments/Questions click here.:

Anonymous said...

I wanted to identify this coin for someone who asked about it.

http://forum.treasurenet.com/index.php/topic,450686.0.html

Man said...

I wanted to identify this coin for someone who asked about it.

India Princely States -- Hyderabad
1 Rupee
81.8% silver
1911-1948 AD (I cannot see the date)

About $10.00

Man said...

Mir Usman Ali Khan rule
Year 6 = 1335 = 1917/1916

Man said...

To the visitors from http://forum.treasurenet.com...

The reverse image is upside down.

In the circled-center are two dots underneath those dots is the date.

It reads ٦‎ which is 6 in Arabic.
Year 6 = 1335
1335 = 1916 or 1917 depending on month.

None of these types were made after the 1940s.

Thanks for the visit.

Man said...

What mintmark is this?

Your pictures are ot clear enough to tell but here are two choices...


(K) - Kremnica, Slovakia, MK in circle

(P) - Pretoria, M in oval

R0dr1 G0 said...

I have a coin, but I don't know where it is from.
Image 1
Image 2