India 1975-B rupee KM-78

Steve Album sale 51, lot 2821

This specimen was lot 2821 in Steve Album Auction 51 (Santa Rosa, CA, January 2025), where it sold for $108. The catalog description^[1] noted, "INDIA: Republic, 1 rupee, 1975-B, lightly toned, NGC graded Proof 67 UC." This type was struck 1975-82 at Bombay and Calcutta. Numerous varieties exist. Another rupee struck in 1975 honored the 15th anniversary of the Integrated Child Development Services (KM 86). In 1982, US$1 = 9.3 rupees; today (July 2022), one US dollar = 79 rupees.

Recorded mintage: 98,850,000 ("♦" mintmark) for circulation plus proofs ("B" mintmark).

Specification: 8 g, copper-nickel, 28 mm diameter, security edge.

Catalog reference: KM-78.1.

Source:

• Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
• ^[1]Album, Stephen, Joseph Lang, Paul Montz, Michael Barry and Norman Douglas Nicol, Auction 51, featuring the Howard Daniel III Collection of Asian Coins, the Almer H. Orr III Collection of World Coins and the Joe Sedillot Collection of German Coins, Santa Rosa, CA: Stephen Album Rare Coins, Inc., 2024.

Link to:

• 1974-B rupee, regular issue
• 1975(c) 10 paise, F.A.O.
• 1975 10 rupees, F.A.O.
• 1975 50 rupees, F.A.O.
• Coins and currency dated 1975