2016-07-20 Wed

The 2016 Nanyadarshini All India Coins Exhibition was a grand success where coin collectors of all age groups, especially youngsters had a great time exploring different kinds of coins and currency notes. The other highlight of the event was the Imperial Auctions which sold an 1835 one-mohur gold coin for Rs. 10 lakh. The second in line is a banknote which was sold for 5.5 lakh and another gold coin was sold for Rs. 2 lakh.

A chola coin was offered at Rs 3.25 lakh to Rs 3.5 lakh but was unsold. It was issued when there were attempts made to strengthen the bond between Cholas and a part of the Chalukya with diplomatic weddings. Raja Raja Chola I arranged for the first wedding as he was concerned about the Eastern and Western Chalukya kingdoms uniting. He gave his daughter Kundavai in marriage to Vimaladitya, the younger of the two princes.

An error William IV Gold Mohur which was not struck from the original die but a similar one at a later date was also offered at the event. The obverse is from an 1835 die and its reverse is struck from an 1840 one. Officials state that the original coin was issued in 1835 and the re-strikes were issued even in the 1900s. The obverse of the coin bears the portrait of William IV without the initials of the mint master on the coin.

The unique 2.8 annas banknote was issued by the British in 1915 to equate it to the dollar, but it never worked and was soon pulled off from circulation.

The fifteen-rupees 8 grams gold coin was issued in 1918 with a portrait of George V.