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Stephen Album Rare Coins
Auction 24  14-16 January 2016
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Lot 1569

Starting price: 5500 USD
Price realized: 7000 USD
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MUGHAL: Shah Alam II, 1759-1806, AV mohur (10.98g), Mongher (Mungir), AH1176 year 4, KM--, with the star on the obverse middle panel, as with the previous issues of Murshidabad, narrow flan crack in the reverse center, VF to EF, RRRR, ex Paul Stevens Collection. Authorized by the Nawab of Bengal, Mir Kasim Ali Khan, who moved his capital from Murshidabad to Monghyr in 1761, which ended on 4 Jumada al-Thani 1175. He struck silver and gold coins in the name of Shah Alam II only in 1176 year 4. The Hijri year 1176 ended in July 1763, about three months before Monghyr was seized by the British and annexed to the Bengal Presidency. The Standard Catalog lists the silver rupee of Monghyr (KM-661), but not the gold, and both are of the highest rarity. A somewhat nicer specimen sold at Baldwin's Auction 84, Lot 1268, for £7400 (about $11,825). The coins of Monghyr are described in detail by Stevens in his book, The Coins of the Bengal Presidency, p.244.

Estimate: 7,000-9,000 USD
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