Maratha AH 1198/26 rupee KM-300

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Stack's Bowers May 2024 Collector's Choice sale, lot 33217
SB524-33217r.jpg

This specimen was lot 33217 in Stack's Bowers Collector's Choice sale (Costa Mesa, CA, May 2024), where it sold for $85. The catalog description[1] noted, "INDIA. Maratha Confederacy. Rupee, AH 1198 Year 26 (1783). Bindraban Mint. In the name of Shah Alam II. NGC MS-63. This handsome and alluring Choice Mint State specimen displays good luster, with strong details and handsome charm throughout." The Marathas were an alliance of Hindu princely families formed to resist the encroachment of the Mughal Empire in the seventeenth century. Major names included the Peshwas, the Gaekwars, the Bhonslas, the Holkars and the Sindhias, all of whom formed independent states when the confederacy broke up at the end of the eighteenth century. This rupee was struck in the name of the Mughal emperor at the Brindaban mint during years 26-43 (AH 1198-1208). It is priced about double a common mint such as Jhansi or Ajmer. The Marathas operated over thirty mints at this time.

Recorded mintage: unknown.

Specification: 11.6-11.8 g, silver.

Catalog reference: KM 300.

Source:

  • Michael, Thomas, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.
  • [1]Orsini, Matt, Kyle Ponterio and Jeremy Bostwick, May 2024 World Collectors Choice Online Auction, Costa Mesa, CA: Stack's Bowers Galleries, Inc., 2024.

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