The King Of Rupee Coins
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Its details are as under
Obverse
Crowned head of King George VI
facing left
Lettering: GEORGE VI KING EMPEROR
Engraver: Percy Metcalfe
Reverse
Within circle, date divides legend
in English & Urdu (Aek Rupya) . Outside circle, wreath made of roses,
thistle, shamrock leaves and lotus flowers. All within a toothed border
Lettering:
ONE
RUPEE
INDIA
1939
یک روپیہ
ONE
RUPEE
INDIA
1939
یک روپیہ
Translation: One Rupee
Edge
Reeded
Weight
11.58g.
11.58g.
Mint
Mumbai (Bombay).
Mumbai (Bombay).
Metal
0.917 silver fineness.
0.917 silver fineness.
This
coin is known as King of all Rupees as the silver prices went up after the war
broke out in 1939, most of these coins were melted and withdrawn from
circulation.
George VI 1 rupee was minted for the first time in 1938, in silver. At that
time the prices of silver were rising so very soon the metal was switched to
half silver. Then in 1939, the Second World War started. The mintage of one
rupee coins was stopped in that year, so the 1 rupee of 1939 is probably the rarest
currency of British India. After that, the mintage of the rupees was continued
as usual in half silver for a few years.
Few of the 1939 rupee came in reeded edges and some of it came in security edges, while the reeded were full silver while the security ones were half. Later on the security ones became extremely rare to find.
The
Bombay Mint had probably minted a very small quantity of 1939 One Rupee dated
coins that were more than likely mixed in with the 1938 One Rupee dated coins
entering circulation.
Some Fake Coins
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Existence of a genuine 1939 1 rupee is very few, and modern forgeries have
entered and spoiled the value of such gems in numismatics
but to have a genuine coin of 1939 1 rupee is a pride for every collector and a
dream to own it.
Can you guess the present value of this coin????? The latest coin sold by Todywalla was sold for 3.5 lakhs, that was before some years.
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