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Horizon Auction
Auction I  2 October 2016
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Lot 181

Starting price: 800 GBP
Price realized: 1200 GBP
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MADRAS PRESIDENCY: AV half ashrafi (5.82g), ND (1819), KM-420, Prid-242, EIC issue, with denomination nim ashrafi in Persian on reverse, choice EF, R. The East India Company asked for and received permission to strike their own Arcot rupees. Later, coins of several metals were added. The Madras mint closed in 1869.

Estimate: 1,000-1,200 GBP
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