Marudhar Arts
Auction 45  13 Jul 2024
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Lot 506
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Starting price: 450 000 INR
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Republic India, 1967, Proof Set, Decimal Coins Set (Regular Series), Set of 8 Coins, this original set includes 1 Rupee of 1962 (as it always comes in a set of 1967) and other denominations of Paisa 50, 25, 10, 5, 3, 2 1 dated 1967, Bombay Mint, (RB # 14), intact in original red cardboard, cardboard is in excellent quality with flawless white borders, no signs of handling marks, coins are with original luster and highly glazed finish, overall superb immaculate quality, proof, Exceptionally Rare.Note: In 1964, India discontinued the use of "Naya Paisa/Naye Paise," a term introduced in 1957 to differentiate the new decimal series from the old non-decimal (Pice Anna) series. Starting in 1967, coins featured their values in Devanagari, replacing the term "Naye Paise." That same year marked the introduction of the 3 Paise coin in both Proof and UNC sets for the first time. This particular proof set is of exceptional quality, retaining its original charm since issuance. Such sets have rarely appeared in auctions in this condition, with fewer than five pieces known to be in collections. This lot is an ex-lot of our auctions, this set was previously sold in our Auction No. 35 in 2022 for Rs. 5,15,000 plus premium and taxes.
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