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Quarter Anna 1903

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alganbagerap's Avatar
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 Posted 08/07/2010  11:29 am Show Profile   Bookmark this topic Add alganbagerap to your friends list Get a Link to this Message Number of Subscribers


Quarter-Anna-1903

Quarter-Anna-1903
This has seen a lot of use, but how did something so obvious stay in circulation?
Pillar of the Community
Australia
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 Posted 08/07/2010  5:45 pm  Show Profile   Bookmark this reply Add latman100 to your friends list Get a Link to this Reply
I would assume that in 1903 India, one quarter anna was too much money to pull from circulation as a collector piece.

Can you imagine something like that lasting very long in circulation today?
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Sap's Avatar
Australia
17005 Posts
 Posted 08/08/2010  12:05 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
Don't forget that India obtained machine-struck coinage only relatively recently in it's history. Prior to that, coins were struck the old fashioned way, by a guy with a big hammer. Finding off-centre, double-struck and coins with large parts of the design missing was normal and it was the perfectly centred fully struck-up coins which were the scarce, desirable exceptions.

In 1903 some of the princely states were still making their own hammered coins, which circulated alongside the machine-struck colonial coins. It probably took a long time for the mentality to change from "errors are garbage" to "errors are cool".
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DVCollector's Avatar
United States
10045 Posts
 Posted 08/08/2010  4:49 pm  Show Profile   Bookmark this reply Add DVCollector to your friends list Get a Link to this Reply
I like that one...and the wear makes it more interesting.
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