India 2011-M 150 rupees KM-426

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Steve Album Auction 52, part of lot 2470
SA52-2470b.jpg

This specimen was part of lot 2470 in Steve Album Auction 52 (Santa Rosa, CA, May 2025), which did not sell. The catalog description[1] noted, "INDIA: Republic, 2-coin proof set, 2011-M, struck at the Mumbai Mint, commemorating the 150th Anniversary of the Birth of the Independence Activist Madan Mohan Malaviya (1861-1946), including 150 (silver) and 5 rupees, sealed in original booklet with paper sleeve; set of 2 coins." The new Rupee sign "₹" was adopted by the Government of India on 15 July 2010 and began appearing on notes and coins. The symbol had been "₨" heretofore. This type was struck at Mumbai with a diamond mintmark (uncirculated) or an M (proofs, shown here). This set also included a five rupees (KM 405). As of July 2025, 150 rupees = US$1.749. Wikipedia comments, "Madan Mohan Malaviya was an Indian scholar, educational reformer and activist notable for his role in the Indian independence movement. He was president of the Indian National Congress three times."

Recorded mintage: unknown.

Specification: 35 g, 0.500 fine silver, 44 mm diameter, reeded edge.

Catalog reference: KM 426.

Source:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 2001-Date, 13th ed., Iola, WI: Krause Publications, 2018.
  • [1]Album, Stephen, Joseph Lang, Paul Montz, Michael Barry and Dustin Wagner, Auction 52, featuring the Dr. Robert A. Rosenfeld Collection and the Almer H. Orr III Collection, Santa Rosa, CA: Stephen Album Rare Coins, Inc., 2025.

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