Copper Coin of Tipu Sultan Sold For INR 50,000

31 Mar 2018  Sat

Copper Double Paisa of Tipu Sultan, which is also known as Othmani or Mushtari, was sold for INR 50,000 at Todywalla Auction held in Mumbai on 3rd February 2016.

The obverse of this coin is inscribed with the image of an elephant raising his trunk upwards, facing towards left with the decorated flag upwards with the Mauludi date 1219 written over his tail. The reverse of the coin is inscribed as ‘Zarb Dar-ul-Sultanate Patan Othmani’.

The elephant has been admired and loved by all human being. He is appreciated for his large size and majestic mannerism. He is generally considered a symbol of good luck and fortune. The elephants have long exerted a powerful hold over the human imagination. Elephants represent wisdom, loyalty, strength, honour, stability and persistence.

Elephants have continued to appear in the Indian coinage since ancient times. It is found in the ‘Punch-Marked’ coins which are dated from 600BC to 300BC. The Satavahana was also one of the dynasties who has issued coins having the image of an Elephant on their coins.

Image Courtesy: Todywalla Auction

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