Pakistan 1977 1000 rupees

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Heritage sale 3064, lot 31444
Pakistan H3064-31444r.jpg

This specimen was lot 31444 in Heritage sale 3064 (Chicago, April 2018), where it sold for $1,800. The catalog description[1] noted, "Republic gold 'Islamic Summit Conference' Proof 1000 Rupees 1977 PR69 Ultra Cameo NGC. An alluring low-mintage proof, with a total output of just 400 examples. Incredibly lustrous and mirrored, with a transfixing allure. Nearly identical to the NGC PR70 Ultra Cameo which realized a hammer of $2,700 in our 2017 Long Beach auction (sale 3057, lot 31330)." This NCLT celebrating a long forgotten conference of politicians, was accompanied by a silver 100 rupees (KM 47) and a copper-nickel rupee (KM 45). The Pakistani regime has issued few NCLT's, apparently not appreciating the opportunities for graft and self-dealing available to such issues.

Recorded mintage: 400 plus 400 proofs.

Specification: 9 g, 0.917 fine gold, 25 mm diameter.

Catalog reference: KM 50, Fr-3.

Source:

  • Friedberg, Arthur L. and Ira S. Friedberg, Gold Coins of the World, From Ancient Times to the Present, 9th ed., Clifton, NJ: Coin and Currency Institute, 2017.
  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
  • [1]Cristiano Bierrenbach and Warren Tucker, Heritage World Coin Auction 3064, featuring the Doug Robins Collection of Canadian Tokens, Dallas, TX: Heritage Auction Galleries, 2018.

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