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<p>[QUOTE=&quot;satootoko, post: 234029, member: 669&quot;]Okay friends, if you’re not interested in the details of why I estimate the total melt value of the coins to be &lt;$100, and their approximate <b>pre-soldering</b> numismatic value at &lt;$75, feel perfectly free to progress to the next thread.</p><p><br /></p><p>Those of you hungry for all those nitty-gritty details, turn on your IPOD, get your popcorn bowl <img src="http://boards.collectors-society.com/images//graemlins/popcorn.gif" class="bbCodeImage wysiwygImage" alt="" unselectable="on" />, lean back in your favorite recliner, and read on. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /></p><p><br /></p><p>The ones from 1917 are listed as KM#109 in the Standard Catalog of Worlds Coins (“Krause”) 20th Century 34th Edition (2007).&nbsp; 1,073,000 of them were struck in 1917, valued at $2.50 F, $5 VF, $10 XF and $20 Unc.</p><p><br /></p><p>The rest are KM#109a, the same design and diameter, but struck in .550 silver, a significant debasement from .15 oz. actual silver weight (“ASW”) to .1031 oz. ASW.&nbsp; <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie9" alt=":eek:" unselectable="on" unselectable="on" />&nbsp; </p><p><br /></p><p>From 1919-29 between 500,000 and 1,040,000 were struck each year except 1923.&nbsp; From 1919-21 they were struck at Bombay and in the other years they bear no mint mark, and were probably struck at Heaton in England.&nbsp; Values are listed at $1.50-2 F, $3.50-5 VF, $7-10 XF, and $16-20 Unc.&nbsp; Proofs were struck each year (again skipping 1923) and they are cataloged at $120 each.</p><p><br /></p><p>Based on the only photo posted, and assuming a roughly matched set, I have to assign a grade of F to all 26 coins, for an estimated numismatic value (pre-soldering of course) in the $30+/- range.&nbsp; Using a WAG of 1/4 KM#100s, the aggregate bullion value is somewhere in the neighborhood of $35 (silver is down guys).</p><p><br /></p><p>Just interesting?&nbsp; No. <img src="http://boards.collectors-society.com/images//graemlins/893naughty-thumb.gif" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p>Fascinating?&nbsp; Oh yes. <img src="http://www.cosgan.de/images/more/bigs/c013.gif" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /> </p><p><br /></p><p><br /></p><p><br /></p><p>1862, the first year of production for Victoria bust KM#473.1, 11.66g, .917 silver, 1 Rupees, is quite a study all by itself.</p><p><br /></p><p>To summarize the information in my 19th Century Krause 3rd Ed. (2001), the Calcutta, Bombay and Madras mints (using privy marks rather than letter mint marks) produced more than 700-million coins with that date, using various combinations of three different busts, and three reverses with differing details.&nbsp; Coins <b>with that date</b> were minted through 1874, and the various combinations of bust/reverse are attributed to specific years.&nbsp; Just to confuse things more, there were also official restrikes!</p><p><br /></p><p>Depending on assumed year of production, undamaged examples are valued in that edition from $5-15 F, $7.50-30 VF, $12.40-40 XF, and $25-80 Unc.; plus a $200 Calcutta proof and a $60 Calcutta restrike.&nbsp; No values are given for the three “rare” varieties.</p><p><br /></p><p>For 1889 (and later years) we have KM#473.2, also 11.66g of .917 silver.&nbsp; Mintage at Calcutta was 9,368,000 with an incuse “C” mint mark - $5 F, $8 VF, $12.50 XF, $25 Unc.&nbsp; At Bombay 65,300,000 were minted, with both incuse and raised “B” mint marks.&nbsp; Values are the same, except for the raised “B” version which is listed at $30 Unc.&nbsp; No proofs were struck, but proof-like restrikes are valued at $35.</p><p><br /></p><p>In 1900 Bombay produced 65,237,000 incuse-lettered coins, plus a proof ($175), a proof-like silver restrike ($35) and a proof-like gold restrike (KM#492c, $850).&nbsp; Calcutta production was 5,291,000 incuse-lettered coins and a $175 proof.&nbsp; Business strikes from both mints catalog at $5 F, $8 VF, $12 XF and $25 Unc. for both 1900 and 1901, the first year of the 20th Century, which saw the final production of the design - 72,017,000 incuse mint marked Calcutta rupees, and 130,258,000 incuse mint marked Bombay coins.&nbsp; There were two varieties of the Bombay strikes, along with a $600 Bombay proof and a $200 proof-like Bombay restrike.Those are all KM#508 with the same 11.66g of .917 silver.&nbsp; Also, all four years are cataloged at the same $5-$25 as the Vickies described above, and in those particular years consisted of Calcutta coins with no mint mark, Bombay coins with an incuse “B”, Bombay proofs ($700) and Bombay proof-like restrikes ($200).</p><p><br /></p><p>The 9 coins making up the small belt have a combined melt value of ~$40, and an aggregate catalog value of ~$63, assuming an average F/VF condition based on the pictures posted.[/QUOTE]</p><p><br /></p>

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