Madras (1808-12) fanam

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from Steve Album sale 45, lot 2278

This specimen was lot 2278 in Stephen Album sale 45 (Santa Rosa, CA, January 2023), where it sold for $204. The catalog description[1] noted, "MADRAS PRESIDENCY: AR fanam, ND (1808-12), East India Company issue, square buckle variety, denomination in English, Persian, Tamil and Telugu, a lovely mint state example! PCGS graded MS63." The Madras presidency also had made two fanams, five fanams, quarter, half and one pagoda as well as an extensive series of rupees made in imitation of Mughal coinage.

Recorded mintage: 1,545,000.

Specification: 0.92 g, silver, 11-11.5 mm diameter.

Catalog reference: KM-349.

Source:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
  • Stevens, Paul, The Coins of the English East India Company, Presidency Series: A Catalogue and Pricelist. London, Spink & Son Ltd, 2017.
  • [1]Album, Stephen, Joseph Lang, Paul Montz, Michael Barry and Norman Douglas Nicol, Auction 45, Santa Rosa, CA: Stephen Album Rare Coins, Inc., 2022.

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