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 Replies: 11 / Views: 1,410 |
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Pillar of the Community
United States
656 Posts |
I want to start by asking if these coins are above their face value.   Edited by 1337
03/30/2008 6:23 pm
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Moderator
 Australia
16810 Posts |
Yes. Both coins are now functionally obsolete. At current exchange rates, 20 paise is worth about half a US cent, and the quarter-rupee is probably still theoretically legal tender for 25 paise. There's more worth in scrap metal value than in face value. And, of course, they have even more worth as collectable coin.
For both coins, there are mintmark varieties, though in most cases with Indian coins it doesn't make much difference to the price. The mintmarks are usually near the date. Bombay (now Mumbai) coins have a small diamond in a prominent place, Hyderabad coins have a small star, Calcutta (now Kolkata) have no mark. Your ¼ rupee is Bombay, the 20 paise is Hyderabad.
Krause lists the 20 paise (KM# 41) at 60 cents in EF, and the quarter rupee (British India, KM# at 548) 75 cents in VF.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Pillar of the Community
 United States
656 Posts |
what about this...  |
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Moderator
Australia
16810 Posts |
Well, it's silver, so value will be affected by the silver price. Currently $17.90/oz, and a rupee is 0.917 fine containing .3438 ounces, so your absolute minimum value is bullion value, around $6.15. 1920 isn't a rare date for either mintmark (diamond or none) and my Krause gives a CV of $12.50 in EF. Factoring in the rise in silver price, and I'd say it's at least a $15 to $20 coin. In my experience, many Indian silver coins have been cleaned. Indian folks like their silver coins to be nice and shiny, I guess.  Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Pillar of the Community
United States
656 Posts |
ya ive heard their is a festival in which they add coins ever year and clean them.
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Pillar of the Community
Australia
2830 Posts |
G'day, beautiful design on that rupee: looks like a lotus at the top; the three flowers on each side are easy; but I wonder what the flower at the bottom might be ?
Peter in Oz
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Valued Member
United States
161 Posts |
I have never had much interest in Indian coins but I just picked up a 2003 slightly off center rupee in a junk bin last week for 0.25 USD. I couldn't let an error stay in there. Are these common in Indian coins?
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Pillar of the Community
United States
5318 Posts |
Peter, I couldn't help but notice the 1920 Rupee carries the symbols of England (Rose), Scotland (Thistle) and Ireland (Clover). I'm not quite sure why they're on an Indian coin--other than symbols of the British commonwealth/occupation  The bottom design may be a seed pod for a water lotus. |
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Pillar of the Community
United States
656 Posts |
More help please.  silver or not? and what is this?  |
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Moderator
Australia
16810 Posts |
All British Indian rupees are made of silver, except the last year (1947) "tiger type" which is nickel. In 1939, they reduced the fineness from .917 fine down to .500 fine.
The bottom one is from Sri Lanka. Prior to 1972, the island was known as "Ceylon". In the Krause catalogues, coins like this (with the distinctive lion-in-wheel crest) dated 1971 and earlier are found under "C"; 1972 and later are found under "S".
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Pillar of the Community
United States
656 Posts |
who much does Krause value the 2nd one at?
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Moderator
Australia
16810 Posts |
Sri Lanka 1 rupee 1982 (KM# 136.2) is 50¢ in EF.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Replies: 11 / Views: 1,410 |
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Posted 03/30/2008 11:55 pm
