India 1877(c) rupee

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Ponterio sale 173, lot 1414
India 1877c rupee rev Ponterio 173-1414.jpg
from Stack's Bowers 2016 ANA sale, part of lot 21046
India SB816-21046b.jpg
from the Mountain Groan Collection
India 1877 rupee rev DSLR.jpg

The first specimen was lot 1414 in Ponterio sale 173 (New York, January 2013), where it sold for $2,585. The catalog description[1] noted, "INDIA. Rupee Restrike, 1877. Calcutta Mint. bust type A, reverse I. NGC PL-64. From the Sanjay Gandhi Collection." The second 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 largest silver denomination. It is distinguished from the type issued 1862-76 by the obverse legend, "VICTORIA EMPRESS" instead of "VICTORIA QUEEN."

Recorded mintage: 39,252,000 plus more from Bombay.

Specification: 11.66 g, .917 silver, .343 troy oz ASW, 30.79 mm diameter.

Catalog reference: KM-492; Mitchiner-2004.

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, Ponterio Sale 173: The January NYINC 2013 Auction, Irvine, CA: Stack's Bowers LLC, 2012.
  • [2]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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