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Auction 268  8-9 Feb 2023
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Lot 9

Estimate: 600 GBP
Price realized: 700 GBP
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E.I.C. Madras Presidency

The first silver coins struck at Madras


East India Company, Madras Presidency, Early coinages, First issue [1689], silver Fanam, Madras, standing figure of Vishnu within beaded border, rev. interlinked Cs within beaded border, figure 1 at left, 1.24g/12h (Prid. 13 [Sale, lot 352]; Stevens 1.16; KM. 293). Struck off-centre and a little overweight for a Fanam, otherwise very fine and toned, extremely rare; only five specimens seen by Pridmore [certified and graded NGC XF 40] £600-£800

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Provenance: Bt A. Szego (Jackson Heights, NY) January 1980.

Owner's ticket
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