Ebay And Indian Coins- Mughal Rupees

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.

well to be perfectly honest I was only interested in the mughal mohurs and rupees in choice unc condition. it became impossible to find them and with my other collecting interests and retirement something had to give and the poor mughals lost out.

This is Shajahan rupee with square of dots. Condition of the coin is not that appreciable. Cost of around $40 is a bit too high in my opinion. Only thing in favour is that square of dots coins are not that common.

I will put the cost of this coin between $30-35. (This may vary according to demand).

The coin is interesting Indian coin, but never saw anything similar.