Moneta Gallery Coin Museum



Users 22,138
Photos 3,377
Comments 351
Views 15,594,733
Disk Space 346.0mb

SunMon TueWed ThuFri Sat
   1234
567891011
12131415161718
19202122232425
262728293031 

Moneta 2448
Zantetsuken 293
Chinacash 170
stretrader99z 133
numismatist6 100

81Sicily.jpg
TIME OF TIMOLEON
stretrader99z

[ Member Galleries ]
gord.jpg
GORDON III
stretrader99z

[ Member Galleries ]
81EPHESUS_MINT.jpg
EPHESUS
stretrader99z

[ Member Galleries ]
Scan-090407-0009-horz.jpg
CHENGDU, SICHUAN 10
Chinacash

[ Member Galleries ]
81PtolemyviI.jpg
Ptolemy VI
stretrader99z

[ Member Galleries ]
D2BE2A5F-9BCC-4F2B-883C-B2E65D99EAFE.png
Constantine X - Doub
Ela126

[ Member Galleries ]
· more ·

 

« Previous image · Next image »

Madras Presidency 1/48 Rupee - 1794
Madras Presidency 1/48 Rupee - 1794

Click on image to view larger image

« Previous image  · Slide Show · Next image »

Moneta



Registered: August 2005
Location: Arizona USA
Posts: 2,365
users gallery
Matthew Boulton was contracted to strike these for the East India Company in July of 1794 at his fully steam driven mint in Soho. Boulton thought the ideal coin would have wide raised rims with incused lettering, devices, and a lettered edge. This would discourage counterfeiting and produce a coin with long lasting qualities. While he was experimenting with a gold coin (?) his first product with this concept was his English Trade (Conder) token for Daniel Eccleston (see link below). In this design, by engraver Noel-Alexandre Ponthon, he went a bit further and had the obverse legend partly incuse and partly in relief making for a unique and beautiful coin. This 'cartwheel' concept was later (1797) adopted for the famous and official British one & two pence of George III.
Boulton reserved most of the rest of 1794 to producing the 1/48 Rupee and the smaller 1/96 Rupee. These odd denominations were an attempt to make these coins fit into an assortment of local coinage mediums at that time. In all 4,616,129 of the larger denomination (34 to the pound) and 9,102,868 of the smaller (68 to the pound) were minted for 1794. Another, slightly larger, issue of this design was made for 1797.
Despite the mintage figures these coins are scarce in nice condition and very scarce in this NGC Proof 64 virtually blemish free encapsulation. I've used the Heritage photo because I will not be able to duplicate their results. Now that I have it in hand the coins appears bronzed with a darker tone with obvious proof surfaces, much better that the photo! Obverse incuse legend is "AUSPICIO REGIS ET SENATUS ANGLIAE" which translates from the Latin as "Under the Auspices of the King and Senate of England." The edge lettering (incuse) is "ENGLISH UNITED EAST INDIA COMPANY", with the 'EN' in English too weak to discern. This coin sold for a total of $934 at the Heritage Pre-Long Beach sale #3005 of 5/28/09, Lot#21396.
READ & DOWNLOAD: an article about the Bombay mint, old and new, and the involvement of the Matthew Boulton SOHO mint of Birmingham, Great Britain at this: [ link ]
For the D. Eccleston piece see:
[ link ]
For examples of the British 'Cartwheel' pence:
[ link ]
· Date: June 8, 2009 · Views: 9,127 · Filesize: 33.5kb, 86.6kb · Dimensions: 850 x 419 ·
Keywords: Boulton Watt Birmingham Soho
Denomination: 1/48 Rupee
Reference #: KM 394
Date/Mintmark: 1794 (Soho, Birmingham)
Condition: NGC Proof 64 Brown
Metal: Copper

« more
Mex20gld_1959.jpg
Guinea_XIII.jpg
Guinea_XIII.jpg
Guinea_69Moon.jpg
Guinea_69Moon.jpg
MapFrance.jpg
MapFrance.jpg
PostumusRhine.jpg
Oki100Mon.jpg
LibSkolgrl.jpg
Madras1794.jpg
MacclesfieldDH11.jpg
CochinChina.jpg
CochinChina.jpg
Azores10R_1865.jpg
Azores20R_1866.jpg
BelgianCongo5C.jpg
Madras-20Cash08.jpg
USSR-1K-1924.jpg
USSR-2-K-1924.jpg
USSR-3-K-1924.jpg
· more »


Photo Sharing Gallery by PhotoPost
Copyright © 2007 All Enthusiast, Inc.

No portion of this page, text, images or code, may be copied, reproduced, published or distributed in any medium without the expressed written permission of the copyright holder.