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1 Tola Gold...no Info, Can't Read It

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bejon's Avatar
United States
108 Posts
 Posted 10/13/2009  01:33 am Show Profile   Bookmark this topic Add bejon to your friends list Get a Link to this Message Number of Subscribers
First I would like to say, THIS SITE IS AMAZING...
HEre is the coin I'm having trouble with.

It says 1 Tola Gold which is equivelant to almost a 1/3 troy ounce I think.
It says something in Arabic or Urdu, dont know which one.
On the other side is says JUMAIBRAHIM and .995 Pure Gold
I can't figure out the value or where its from.

Any help would be much appreciated/
1-Tola-Gold...no-Info,-Can't-Read-It
1-Tola-Gold...no-Info,-Can't-Read-It

Identified - moved to Token and Exonumia forum - Sap
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Sap's Avatar
Australia
16829 Posts
 Posted 10/13/2009  03:24 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
The tola is a unit of weight of Indian origin, also used occasionally in the Persian Gulf states and East Africa. This "coin" is a privately made bullion piece; presumably "Juma Ibrahim" was the person responsible for making it.

The Arabic/Persian writing on the back is in the form of a toughra, the ornate signature used by the sultans of the Ottoman Empire and elsewhere to decorate their official coins. Below this "toughra" is a word which appears to read "kray" or something similar (like maybe "keray").
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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bejon's Avatar
United States
108 Posts
 Posted 10/13/2009  03:50 am  Show Profile   Bookmark this reply Add bejon to your friends list Get a Link to this Reply
Is there a book or something that I could find more info about this coin. I checked everywhere but couldnt find jumaibrahim minted coin information anywhere. Is there any value to them besides the gold value?

Thanks for the info SAP
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Sap's Avatar
Australia
16829 Posts
 Posted 10/13/2009  05:27 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
It probably wouldn't have any value above bullion, since it's intent is to be a bullion ingot. Even then, it might still need to be tested to make sure Mr. Ibrahim wasn't lying through his teeth about it being .995 fine. Or that some crook wasn't counterfeiting Mr. Ibrahim's tolas using debased gold.

There might well be some attempts somewhere (perhaps in India) to catalogue these "coins", but I'm not aware of anyone that's tried.

A google search for "Juma Ibrahim tola" came up with this page from a 2007 Czech coin auction which has a couple of privately issued tolas for sale, including one of yours (number 559).

The pic on that site is clearer, enabling me to read the word below the toughra: it's "Karachi", a city in Pakistan. The other two private tolas on that page (numbers 558 and 560) are also from gold dealers in Karachi; it must have been (or perhaps still is) a popular thing in that city.

As for value, the auctioneers in the above link gave all three tolas an estimate of 6000 Czech korun (which currently equates to about US$340). Unfortunately, none of them actually sold (the price realized column is blank), so we don't know if those prices were realistic, but at the time the auction was held, 15 December 2007, gold was US$790/ounce, giving the tola a bullion value of US$300 (or about 5100 Czech korun).
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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bejon's Avatar
United States
108 Posts
 Posted 10/13/2009  11:02 am  Show Profile   Bookmark this reply Add bejon to your friends list Get a Link to this Reply
Ok wow, thanks. That makes more sense. This is from my grandfathers collection and he was in Karachi for a while.

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