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spock, $15 is too much for me. These coins are very easily available and in UNC will cost around $2 to $3 here in India.. It might be a bit more there in the US or UK, I guess.. But, there are certain varieties which are difficult to come by. They might cost around $5 to $6.

 

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I agree $15 seems a bit on the steep side, but without a pic I cant say for sure if I would have bid on it if it was in a auction

De Orc

 

ok i got a cool new half rupee in unc too from 1939 will post pics later

 

The 1939 coins are hard to come by ... especially in UNC..

 

even the half ruppee? i thought it was only the rupees

 

yup.. even the half Rupee.. but not as scarce as the Rupee...

 

The 1939 1/4 & 1/2 Rupee coins are very common.If you look at Krause's price for the 1939 1 Rupee coin,you will really be floored.

Aidan.

 

Aidan, the 1939 1/4 Rupee and 1/2 Rupee coins are very hard to come by now and I think you'll see a revised rate in the new version of Krause... I'm almost certain about it.. Or otherwise, I think the collectors from India will buy from abroad...

 

Biju,I have found a 1939 1/4 Rupee at work,so I will have to buy it to get this date represented in my Indian silver coins.The bronze coins are easy to come by.

Aidan.

 

ok here is the image

 

The head is actually larger than that of the issues from 1940 until 1947.The relief is also higher as well.

Aidan.

 

what do you guys think of this listing? 110106115379 on ebay? Is it genuine?

 

I think this one is genuine.. these coins are really rare especially in this particular year.. the common year is 1862..

 

I thought the face looked funny. In fact i think it almost shows as if she has got glasses and is a little fatter than usual.

 

Biju, the fractional coins of 1939 are not scarce as the rupee coin. The fractional are easily available in high grades (as these were 90% silver coins and most of them were saved by public because from 1940 onwards the silver purity was reduced to 50%)

Regards,
Ballabh Garg

 

That's a nice looking 1/4 rupee.

Regards
Ballabh Garg

 

Well, it depends on how you define genuine.

The coin in question is NOT an original coin issued in 1870 but is a proof restrike issue from Bombay mint. These restrikes were produced by using the original dies with polishing them again somewhere between 1960 to 1970. That's why the face looks little funny.

They are listed in Krause as such, i.e. Proof Restrike and are valued lot less then the original strike issues.

Regards
Ballabh Garg

 

Ballabh, is there any way you can distinguish between a restrike and an original coin?

 

thanks Ballabh. I wont be bothering withthat coin again. If its not original i dont want it. Thanks very much for your input

 

The original proofs had very low mintage and the surface of those proofs are not as sharp as the one shown in eBay listing. The restrikes were produced with highly polished dies hence the coin looks like a modern proof. Also, the rim of those original proofs are not as wide as in restrike issues.

Also, for several early coins, the dies were used almost after 100 years. And they were rusted by the time Bombay mint decided to produce those restrikes. So, those restrike proofs shows the characteristic of a rusted die under 10x.

Regards
Ballabh Garg