2020-02-14 Fri

In the year 1862, British India issued Act 13; which authorized them to issue new silver and copper coins. Later in the year, 1866 the Mansfield commission was established to investigate the usage of paper money and gold coins. The Mansfield Commission concluded that the gold coins are commonly used by merchants and bankers for the trade. The gold coins tend to hold large accumulate wealth. Therefore the commission advice to issue new gold coins with denomination 5, 10 and 15 rupees.

In October 1868; the request was made to the royal mint for the introduction of the Punches and matrices of 5, 10 and 15 rupees. This request was the pass to the royal mint in the year 1869 with the specimen produced at the Calcutta mint. In the same year, L.C. Wyon submitted his drawing for the design of the new coins. The design of these new coins was accepted on 23rd July 1869 and L.C. Wyon started his work on new coins. The weight of this gold mohur is around 11.6g and its diameter is around 25.7 to 26.0mm.

This gold mohur was issued by British India in the year 1862. The obverse of this coin depicts the bust of Queen Victoria with a crown on her forehead facing towards left and the divided legend ‘VICTORIA’ ‘QUEEN’ written on the left and right side of the coin. The reverse side of the coin depicts the inscription ‘ONE MOHUR INDIA 1862.

Image Courtesy: Todywalla Auction