From what I can see and what Krause provides, there are 3 varieties for that year. 2 are minted in Calcutta and the other in Bombay. The Calctta will have either a raised or an incused F on the base of the neck or it will have an incused RS. The Bombay will not have any initials. That is what I see on yours, no initial. My reference is dated 2006 and the Bombay, KM#450.1 is listed at $30 USD in Fine, same as the Calcutta F version. The Calcutta RS version is listed at $100 USD in F. The coin is a Rupee from India-British. Hope this helps.
The value of a coin is based on it's condition, what's known as the grade of the coin. Here is a picture of the coin that sold for 180 pounds ($288 US) - Now compare that your coin, can you not see the difference between the two ? Your coin has a great deal more wear on it than this coin does. It is a much higher grade than your coin. Now here is another coin that has more wear on it than the one I pictured above, so a lower grade than the one above, but less wear than your coin has. So it is a higher grade than your coin. It sold for $120 US. Again the difference between this coin and yours should be very easy to see. Both of these coins I pictured above are problem free coins. But, your coin looks to have been harshly cleaned at some time. That makes your coin a problem coin, like I explained in the other thread. So it would be worth only a fraction of the $120 coin. For two reasons, 1 - if it were gradeable (which it isn't) it would grade lower than the $120 coin. And 2 - it is a problem coin so that makes it worth even less. I'm posting this so you can the differences and hopefully understand why 1 coin is worth more than another.
Yes, I can see the difference between my coin and those coins. I have got a pretty big coin collection from my granddad and I'd like to cash it in. But it is quite difficult as I do not know much about coins. I will post some other coins, this forum is really helpful. Thanks!
It could be more, I don't have a current value for that coin. I do think it is the Bombay minted coin which is less costly than the Calcutta minted coin. Best bet is to check completed listings at ebay for same coin in same condition. Be sure to check for mint mark, makes a difference.
I wouldn't recommend using ebay to check values, use this instead - http://www.mcsearch.info/index.html
Thank y'all for your help! I will have a look a the site you recommend Mr. GDJMSP. Looks like there are so much different prices (of course to do with the condition). But if you'd buy this coin, what would you pay max. for it? Thank you!
Without actually seeing the coin in hand that is impossible to answer. But from what I can see based on the pictures it wouldn't be much. What you need to do is either take your collection to a trusted and respected dealer and have them appraise it for you, or send it to one and have them do it. That does not mean that you just go down to the first coin shop that you can find and expect them to be able to do it. The coins you have asked about so far are all non US coins, and not all dealers are qualified to appraise non US coins, nor are all of them trusted and respected. If you go here - http://www.cointalk.com/threads/coin-dealers.14152/ - you'll find a list of dealers that I would personally recommend. Look at the links provided there and pick out those who deal in world coins. Contact them and see if they would be interested. But before any will ever give an estimate or offer to buy your coins, you will have to send the coins to them so they can examine the coins in person. That's easily done, you just package them up an send them Registered Mail. You can insure a RM package for up to $25,000.
Catalogue value means not a thing mate especially likes of NGC with our old colonial stuff.. India is way under priced ! You wouldn't do to bad with it. However, I'm not willing to part with a lot for one. Eventually I'll get one for the price I want as I always do ! Cool coin though Sent from my iPhone using Tapatalk
