India 1945(b) rupee

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Ponterio sale 173, lot 1429
India 1945 rupee rev Ponterio 173-1429.jpg
from the Mountain Groan Collection
India 1945b rupee rev DSLR.jpg

The first specimen was lot 1429 in Ponterio sale 173 (New York, January 2013), where it sold for $1,116. The catalog description[1] noted, "INDIA. Rupee Restrike, 1945. NGC PL-63. Security edge. From the Sanjay Gandhi Collection." The minting of silver rupees was substantial during the first part of George V's reign but ended in 1922. A few presentation pieces were made 1935-36 but production for circulation did not resume until 1938. This type, with fineness lowered to .500 fine, was issued 1939-45. The bust was modified to a lower relief in 1942.

Recorded mintage: 142,666,000.

Specification: 11.66 g, .500 fine silver, .187 troy oz ASW.

Catalog reference: KM-557.1; Mitchiner-2035.

Source:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
  • Stevens, Paul, and Randy Weir, The Uniform Coinage of India, 1835 to 1947, A Catalogue and Pricelist, London, Spink & Son Ltd, 2012.
  • [1]Ponterio, Richard, Ponterio Sale 173: The January NYINC 2013 Auction, Irvine, CA: Stack's Bowers LLC, 2012.

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