The Puddester Collection (Part I)

East India Company, Bombay Presidency, Early coinages: Mughal style, gold Rupee or Fifteenth-Mohur in the name of ‘Alamgir II (1167-73h/1754-9), Mumbai, fictional year off flan but presumed yr 9 [1774-5], sikka mubarak badshah ghazi alamgir [The auspicious coin of the victorious emperor Alamgir], rev. zarb munbai sanah [––] maimanat manus [Struck at Mumbai in the [––] of his reign of tranquil prosperity], 0.76g/9h (Prid. 11 [not in Sale]; Stevens 2.78; KM. 179; F 1549). Extremely fine and virtually as struck, the mint name clear, extremely rare [certified and graded NGC MS 65] £1,200-£1,500

This lot was sold as part of a special collection, The Puddester Collection.

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Taisei/Baldwin/Gillio Auction 29 (Hong Kong), 2 September 1999, lot 446, ticket.

Owner’s ticket and envelope.

By an order of the Bombay Council, mindful of the ongoing shortage of silver coin in circulation, a new denomination, the ‘small gold rupee’ was introduced in the summer of 1775. However, within months, the new coins were being counterfeited. The Treasury stopped the issue of gold rupees in March 1778 and they ceased to be legal tender on 1 June 1778