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Auction 268  8-9 Feb 2023
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Lot 274

Estimate: 2400 GBP
Price realized: 2600 GBP
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E.I.C. Madras Presidency

East India Company, Madras Presidency, Northern Circars: European style coinages, Soho, bronzed-copper Pattern Dub or Forty-Eighth Rupee, unsigned [by N.-A. Ponthon], type 3, 1794, rampant lion to left, holding crown, auspicio regis et senatus angliæ [By the authority of the King and Parliament of England] around, 48 to one rupee below, rev. balemark, united east india company around, edge english . united . east . india . company & · ·, 13.30g/6h (Prid. Bengal 373 [not in Sale]; Stevens 5.156; Stevens website image 643, second coin illustrated; KM. Bengal Pn. 18). Brilliant and virtually as struck, extremely rare £2,400-£3,000

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Provenance: H. Montagu Collection, Sotheby Auction (London), 3-4 May 1892, lot 101
J.G. Murdoch Collection, Sotheby Auction (London), 21-30 July 1903, lot 103
J.B. Caldecott Collection, Sotheby Auction (London), 11-13 June 1912, lot 136
D. Fore Collection, Part II, Baldwin Auction 82 (London), 31 May 2013, lot 884, label.

Owner's ticket and envelope.

Interestingly, the obverse of this coin differs from that of the similar piece in marginally inferior condition in the Fore collection (lot 883), in that the legend is positioned higher on 883 and the value area of the exergue differs, although the lion punch is the same on both coins. The Stevens website illustrates the differences admirably
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