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Auction 78  22-27 May 2023
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Lot 7254

Starting price: 200 EUR
Price realized: 2500 EUR
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India - Princely States - Hyderabad - Mir Mahbub Ali Khan (AH1285-1329 / AD1869-1911) - Rupee-sized AE uniface trial strike of the improved 'Char Minar'-design, ND (probably 1902-1903) - 30 mm, 9.31 g., edge with straight milling - good VF, because of the trouble and loss on account of the handmade currency, the Hyderabad Government decided to make a machine made currency of a more intricate design which could not be easily copied by counterfeiters. For this reason in 1319H. (1901/02) over 700,000 Rupees of the Char Minar-type were struck and sent to the Central Treasury. They were however rejected before they went into circulation because of poor design and other imperfections and subsequently withdrawn from the Treasury to the Mint, melted and in 1321H. re-coined with a new "Char Minar"-design, which type became current up to the demonetisation of the Hyderabad currency in 1953. The Char Minar on the 1321H. and subsequent issues look much more slender than on the issue of 1319H. As the issue of 1319H. was most probably rejected on account of the somewhat clumsy design of the Char Minar an improved design was required, which is shown by this pattern (Ref: The introduction of machine-struck coinage in the state of Hyderabad, by Jan Lingen ONS-NL 153 (1997) p.13-19, #28)
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