Ebay and Indian coins- Mughal Rupees

That is a really interesting looking coin. Sorry I don't know anything about these, but thanks for sharing it. For what it's worth from me, it sure has a shiny appearance that I would not expect from something of that age. I have some Chinese coins that are from the early 1800's that do not have environmental damage and the wear is far greater on mine that what this coin shows. Sorry I couldn't help more.

This coin looks fairly acceptable.It is from the mint Shahjahanabad with epiphet "dar ul khilafat".

It weighs about 10.5gms in silver. Farukhsiyar coins are not very common and cannot be called scarce either. (Muhammad shah coins are more common). In Indian conditions, this looks reasonably priced as $25 will convert to ~Rs.1250/-. So please consider the availability of such coins there at your place and decide. I will surely advise in favor.

Archraz, Which part of the states are you from? I can tell the Pacific Northwest has the same problem too!
Why not look for graded coins? Should take care of authenticity.

OK, well I have in fact bought this one. The strike did not bother me too much since it is still totally readable, and, well, I have never really even seen a Mughal rupee at a coin show or shop. So I'll let you guys know what I think of it when it arrives.

spock1k- Thanks! That is good to know about the wedding gift forgeries, and that these fakes are pretty obvious. I think that $25 was an OK price. After all it is all about supply and demand. Since I really wanted one and had not found one in a shop or at a show in over 5 years, I think that it was fine.

So our of curiosity, just how common are authentic Mughal coins in India? I know that there was the common practice of melting them down when they became too worn (a practice relating to the right of Sikka), and the metal was used to re-coin current rupees.

Hi - no I think that's on the money -- in fact probably a good deal. I'm always behind on how prices move on, so always undervalue things but I think this would be quite a good buy. It's a nice well struck coin with the important part of the date visible so I'd say yes!

Dear Arch,

Authentic mogul coins are easily avaialable both in india and the US. The thing that stops it from being popular is the script. Since an average person cant read whats written on the coin they dont care much for it which in this case works to your advantage in terms of lesser prices.

Also serious collectors ( read high rollers) want to know what they are putting their money in rather than blindly trusting a dealer or an outside source. Whether you spend money on a mogul coin or any other coin always try and sell one or 2 coins early in our collecting days. It will give you a very good idea on the actual value of the coin. I stopped buying mogul coins in 2008 right around the time I left USA.

$35 IMHO is a bit on the higher side. Patience is a virtue. Buy choice coins, something that will stand out in your collection. If you want good deals on these coins and are seriously interested in world coins you should make a pilgrimage to CICF (chicago) if you can afford to do so. There is another show in Rosemont this November as well. I will not be able to attend. But do your homework before you make the trip.