Madras 1825 4 pies KM-431
This specimen was lot 3054 in Stephen Album sale 39 (Santa Rosa, CA, January 2021), where it sold for $312. The catalog description[1] noted, "MADRAS PRESIDENCY: AE 4 pies, 1825/AH1240, East India Company issue, struck at the Royal mint, London, impaired Proof." The Madras mint, a facility of the British East India Company, minted pagodas and rupees under license from the Mughal emperor since the seventeenth century. This copper coin, however, was made in London along with one and two pie copper pieces. This specimen is likely a later restrike. The assets of the East India Company were transferred to the British government after the Indian Mutiny of 1857 and the mint was closed in 1869.
Recorded mintage: 7,136,000 including KM 430 (dated 1824), KM 432 and KM 433.
Specification: copper.
Catalog reference: KM-431.
- 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 39, featuring the John Sylvester, Jr., Collection of Annamese Medals and Orders, Santa Rosa, CA: Stephen Album Rare Coins, Inc., 2020.
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