India 1877(c) 1/2 rupee

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from Stack's Bowers 2016 ANA sale, part of lot 21046
India SB816-21046d.jpg

This specimen was part of lot 21046 in Stack's Bowers ANA sale (Anaheim, CA, August 2016), which sold for $5,640. The catalog description[2] noted, "INDIA. Victoria. Eight Piece Restrike Proof Set, 1877. NGC PROOF-64 & PROOF-65. KM-483, 484, 486, 487, 488, 490, 491 & 492. RARE AS A SET. A fabulous nicely matched restrike set with all of the copper pieces grading full RED and with light clear toning on the silver pieces. From smallest to largest denomination, grades are as follows: PROOF-65 RD, PROOF-65 RD, PROOF-64 RD, PROOF-64 RD, PROOF-65, PROOF-64, PROOF-65 and PROOF-64. Totally free of spots or other impairments. These are some of the nicest examples available anywhere on the planet. We expect keen interest from bidders attempting to acquire this rarely offered set." This type was issued at Calcutta and Bombay 1877-1901 in a bewildering array of varieties, including proofs, off-metal strikes and restrikes. The type is the second largest silver denomination. It is not rare but never minted in massive quantities like the rupee. It is distinguished from the type issued 1862-76 by the obverse legend, "VICTORIA EMPRESS" instead of "VICTORIA QUEEN."

Recorded mintage: 858,000 plus more from Bombay.

Specification: 5.83 g, 0.917 fine silver, .171 troy oz ASW.

Catalog reference: KM-491.

Source:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
  • Stevens, Paul, and Randy Weir, The Uniform Coinage of India, 1835 to 1947, A Catalogue and Pricelist, London, Spink & Son Ltd, 2012.
  • [1]Ponterio, Richard, The August 2016 Anaheim ANA Auction: Ancient Coins, World Coins & Paper Money, Santa Ana, CA: Stack's Bowers LLC, 2016.

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