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St. James's Auctions
Auction 36  19 April 2016
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Lot 535

Estimate: 2500 GBP
Price realized: 7000 GBP
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G - India, Victoria, restrike proof mohur, 1870c authenticated and graded by NGC as Proof 66+ Ultra Cameo, (Calcutta mint), crowned bust l., in elaborate brocade dress with English title surrounding, rev. INDIA, date within beaded circle and broad border of elaborately floriated inverted Vs, edge grained (KM.481; Fr.1598; Prid.10), , a particularly beautiful and gleaming specimen having heavily frosted portrait and devices set against gleaming mirrored fields; a spectacular coin!. Only one other example of this coin has been graded PF66 Deep Cameo by PCGS. The golden mohur and other issues of British colonial origin, as original or contemporary proofs (or specimens), are extremely rare as a class. Their textures display matt-like qualities as well as fine wire edges. Early restrikes, when seen, tend to reveal heavy cleaning as well as very noticeable die-polishing, both of which make for disturbed surfaces. Later restrikes tend to be of finer quality. The practice of officially re-striking classic Indian coins came to a conclusion in 1970, giving some age even to the latest pieces. Research into the restrikes remains tenuous; this piece appears to fall into the category of issues made for collectors after 1955. (£2500 - 3500)
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