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Stephen Album Rare Coins
Auction 30  18-20 Jan 2018
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Lot 2619

Starting price: 425 USD
Price realized: 300 USD
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BRITISH INDIA: AE medal, 1792, Pud-792.1.1, BHM-363, Eimer-845, 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, EF, R, ex Ajit Singh Collection. 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: 500-600 USD
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