Indian Coins - Princley States
Lot 4509 SESSION 9 (7.00PM THURSDAY 30TH JULY) Indian Coins - Princley States
Estimate $150
Bid at live.noble.com.au
SOLD $1,000
INDIA, Sikh Empire, Diwan Mulraj, (April 1848-January 1849), gold rupee, dated VS 1905 = 1848, Multan mint, obv. Sahai Satguru, re, 1905 Mundarka, (KM.87). Good very fine and rare.
Ex Dr V.J.A. Flynn Collection.
These emergency gold rupees were struck during the siege of Multan in 1848. This is established by the Commissioner at Amritsar reported in 1864 "When Mulraj was beseiged in Multan (September 1848 - 22 January 1849) being short of silver to pay his troops, but having 40 lakhs of rupees hoarded in gold, he coined the whole of it into pieces which passed for one rupee. It however seems unlike that he had the equivalent of 4,000,000 rupees or 2600 kgms of gold at his disposal. Mundarka means siege and thus the expression is used to signify the reason for the striking of these interesting tiny siege coins.
Estimate / sale price does not include buyer's premium (currently 22% including GST) which is added to hammer price. All bids are executed on the understanding that the Terms & Conditions of sale have been read and accepted. For information on grading and estimates please refer to the Buying at Auction advice.
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Lot 4509 This lot
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