India 1920(b) 4 annas

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Heritage sale 3064, lot 33246
India H3064-33246r.jpg

This four annas was struck at the Bombay mint after World War One. A wartime surge in the price of silver prompted the British authorities to replace the silver quarter rupee with this copper-nickel type. It must not have been a success as it was dropped after only three years (1919-21). Likewise, the copper-nickel eight annas was abandoned after 1920. This specimen was lot 33246 in Heritage sale 3064 (Chicago, April 2018), where it sold for $192. The catalog description[1] noted, "British India. George V 4 Annas 1920-B MS62 NGC, Bombay mint. Scalloped edge design. Becoming scarce in mint state."

Recorded mintage: 1,666,000 plus restrikes.

Specification: 6.50 g, copper-nickel.

Catalog reference: KM-519.

Source:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th 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]Cristiano Bierrenbach and Warren Tucker, Heritage World Coin Auction 3064, featuring the Doug Robins Collection of Canadian Tokens, Dallas, TX: Heritage Auction Galleries, 2018.

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