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Stephen Album Rare Coins
Auction 29  14-15 Sep 2017
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Lot 1837

Starting price: 600 USD
Price realized: 850 USD
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BRITISH INDIA: George III, 1760-1820, AE medal, 1792, Pud-792.1.1, Eimer-845, BHM-363, 47mm, Charles, the Marquis Cornwallis (1738-1805), on the Defeat of Sultan Tippoo [Tipu] of Mysore, medal by C H Küchler, uniformed bust of Cornwallis left, CAR MARCHIO CORNWALLIS STRATEGUS ACERRIMUS // Cornwallis receives the sons of Sultan Tippoo as hostages, FAS SIT PARCERE HOSTI, SULTAN TIPPOO DEVICTO OBSIDES RECIPIT MDCCXCI, NGC graded MS63 BR. The Third Anglo-Mysore War (1789-1792) ended in defeat for Tipu Sultan. After about two weeks of siege at Srirangapatna, Tipu opened negotiations for terms of surrender. In the ensuing treaty, he was forced to cede half his territories to the allies, and deliver two of his sons as hostages until he paid in full three crores and thirty lakhs rupees fixed as war indemnity to the British for the campaign against him. He paid the amount in two installments and got back his sons from Madras.

Estimate: 700-800 USD
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