India 1944-L rupee

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Heritage sale 3024, lot 24514
India 1944 rupee rev Heritage 3024-24514.jpg

This specimen was lot 24514 in Heritage sale 3024 (Chicago, April 2013), where it sold for $1,821.25. The catalog description[1] noted, "George VI Restrike Proof Rupee 1944-L, PL63 NGC, deep gray to gold patina." 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 0.500 fine, was issued 1939-45. The bust was modified to a lower relief in 1942. This specimen is a product of the Lahore mint, which minted this type 1944-45.

Recorded mintage: 91,400,000 plus restrikes.

Specification: 11.66 g, 0.500 fine silver, .167 troy oz ASW, 30.5 mm diameter.

Catalog reference: KM 557.1.

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]Bierrenbach, Cristiano, Warren Tucker and David Michaels, Heritage World and Ancient Coins Auction 3024, featuring the Kairos and Elizabeth McPhall Charters Collections, Dallas: Heritage Auction Galleries, 2013.

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