One rupee fetches a fortune

30 Aug 2019  Fri

Classical Numismatic Gallery has commenced an auction on 10th August during the Nanya Darshini 2019 in Ahmadabad. The auction had some of the rarities from the Indian coinage. This auction sold many specimens and varieties impeccable for the collection. Amongst this treasure trove, the pattern one rupee from Bombay mint issued in 1968 caught the limelight, it was sold for the whopping amount of INR 5, 00,000.

The obverse of this coin illustrates lion capital of Ashoka in the centre with ‘India’ in English and ‘Bharat’ in Devanagari on both sides within the raised rim. The reverse of this coin depicts the denomination value "1" above the building of parliament flanked on the left and right periphery with the design 'Ear of corn'. The legend 'Ek Rupaiya' in Hindi and ‘Rupee’ in English and issues year with the diamond mint mark is seen within the raised rime.

This coin design was a trial pattern to commemorate Sansad Bhavan (Parliament house of India) which contains the Lok sabha and Rajya sabha located in New Delhi. This coin was never approved for circulation.

Image Courtesy: Classical Numismatic Gallery

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