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Stephen Album Rare Coins
Online Auction 20  10-11 Apr 2023
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Lot 566

Starting price: 55 USD
Price realized: 55 USD
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BURMA: Mindon, 1853-1878, AR 5 mu, CS1214 (1853), KM-9, scratch, PCGS graded EF details. The Early Modern Era Coinage issued by kings Mindon and Thibaw between 1852 and 1885 circulated in Upper Burma. Indian coins were current in Lower Burma, which was annexed in 1852. Burma coins are frequently known by the equivalent Indian denominations, although their values are inscribed in Burmese units. Upper Burma was formally annexed in January 1, 1886 and the Burma coins remained in circulation until 1889, when Indian coins became current throughout Burma.The machinery and dies for producing the 'peacock' series silver coins were imported from Birmingham, England. These peacock coins were issued from the Mandalay Mint, which was set up within the Mandalay palace complex, the ruins of which are still in existence. Actual mintage commenced 'Saturday, 9 waning Tasaungmon (11 November, 1865). In 1878, new bronze and gold coins bearing a lion motif were issued by Mindon's successor Thibaw, thus, silver kyat production ceased.

Estimate: 75-100 USD
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