British India 1791 coin

Discussion in 'World Coins' started by spock1k, May 22, 2007.

  1. spock1k

    spock1k King of Hearts

    Can you tell me what this should be worth? In Pf 63? Thanks
     

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  3. gxseries

    gxseries Coin Collector

    It's almost impossible to tell from those small pictures. Maybe around MS63 but I don't know if I agree with the proof bit.

    If a coin is minted that far back, I am sure that it's very likely to be a restrike. But I'm sure it's going to be worth a fair amount. Thanks for showing.
     
  4. spock1k

    spock1k King of Hearts


    This one is not a restrike. I just wanted to get a value either way. Thanks for looking.
     
  5. Daggarjon

    Daggarjon Supporter**

    may i ask how you know for sure it is NOT a restrike?

    its just my curiosity that makes me ask :)
     
  6. gxseries

    gxseries Coin Collector

    Agree, how can you be sure that in 1791 proof technology was available??? I am well aware that Britain had the technology by 1820s or earlier but never heard or seen any articles using such technology for overseas.
     
  7. JeromeLS

    JeromeLS Coin Fanatic

    It was struck at the Soho mint, Great Britain. As for proof "technology" Britain had it by 1746, have a look at an FDC 1746 proof set for a taste. Yeah, it looks like an near uncirulated bronzed proof to me. Probably (if bronzed proof) about $400, to take a guess. Lots of proofs being made in this period.
     
  8. JeromeLS

    JeromeLS Coin Fanatic

    Any restrikes would be 19th century and would be worth more than the originals...
     
  9. spock1k

    spock1k King of Hearts

    Brother Jerome has already answered the question now i just need t make up my mind whether i can get a better specimen or not
     
  10. Daggarjon

    Daggarjon Supporter**

    so the restrikes are worth more than the originals.. very weird!
     
  11. GDJMSP

    GDJMSP Numismatist Moderator


    OK I gotta ask why and why ?
     
  12. Aidan Work

    Aidan Work New Member

    This coin is from the Bombay Presidency.There are 4 denominations of this type - 1/2 Pice (3 Reas),1 Pice (4 Reas or 1/4 Anna),1-1/2 Pice (6 Reas),& 2 Pice (8 Reas).The Proof issues were struck at the same time as the currency coins,not later on in the 19th. Century.

    Aidan.
     
  13. spock1k

    spock1k King of Hearts

    this discussion is very encouraging but will someone tell me the price od the coin. Biju gave his opinion but al the other resident experts are not saying anything.
     
  14. Aidan Work

    Aidan Work New Member

    Spock1k,if your local coin dealer has the latest edition of the 18th. Century Krause catalogue,you could get him to look it up in there.You would be blown away by the prices for British Indian Presidency Proof coins.

    Aidan.
     
  15. spock1k

    spock1k King of Hearts

    so let me put it this way if i spent $200 on this coin is it worth it?
     
  16. GDJMSP

    GDJMSP Numismatist Moderator


    According to Krause none of the denominations is worth more than $20 in XF - there are no values for unc. Personally I do not think this coin is unc and I certainly don't think it is a Proof.
     
  17. spock1k

    spock1k King of Hearts

    so 200 would be a 0 too many???
     
  18. bgarg

    bgarg Senior Member

    In 2002, I purchased one for my collection from a reputed dealer at Long Beach Coin show and paid $150 for it (almost full catalog price at that time)

    Now, there is another dealer who has a similar coin and couple of years back he priced that for $300. Now when I saw him during last Long Beach Coin Show (Feb 2007), he still had that coin.

    This is not particularly a rare coin/grade and with a little patience you can buy this reasonably.

    Regards,
    Ballabh Garg
     
  19. bgarg

    bgarg Senior Member

    No restrikes are known for this coin.

    The original coin was NOT minted in Bombay, so no dies were available for this coin in Bombay mint to restrike it later in early '70.

    And the Proof coins are known for this type. The proofs are frequently available then Unc coin of this type.

    Regards
    Ballabh Garg
     
  20. spock1k

    spock1k King of Hearts

    Thanks for the info ballabh. Since i a not getting a deal ont his i will pass. If you happen to see any good coin deals that you are self not intereste din please let me know. Thanks :)
     
  21. Aidan Work

    Aidan Work New Member

    The striking of these coins were contracted out by the Government of the Bombay Presidency to Matthew Boulton,who was the mintmaster of the Soho Mint.The Government had possibly heard about the striking of some of the British traders' currency tokens there,& decided to use that mint.

    As to seeing these coins,they are NOT easy to find.I've never been offered one of this issue's coins at all.If I had been,I would have bought them.

    Aidan.
     
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