Ceylon 1809 48 stivers

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from Steve Album sale 27, lot 972
Ceylon Alb27-972r.jpg

This specimen was lot 972 in Stephen Album sale 27 (Santa Rosa, CA, January 2017), where it sold for $282. The catalog description[1] noted, "CEYLON: George III, 1760-1820, AR 48 stivers, 1809. Elephant left, date below, Choice VF." This 48 stiver piece was struck by the hammer 1803-09 in Ceylon. This mix of stivers and rixdollars was inherited by the British from the Dutch, who occupied the island until 1796. Decimal coinage was instituted in 1870. Ceylon attained her independence in 1948 after the British left India and is now known as Sri Lanka. This type is not priced in the SCWC above Extremely Fine. The SCWC notes that four stivers made a fanam and 12 fanams a rupee, making this coin equal to a rupee, which seems too high a face value for this type.

Recorded mintage: unknown.

Specification: .892 fine silver, this specimen 9.29 g.

Catalog reference: KM-77.

Source:

  • Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1801-1900, 7th ed., Iola, WI: Krause Publications, 2012.
  • [1]Album, Stephen, Joseph Lang, Paul Montz, Michael Barry and Norman Douglas Nicol, Auction 27, featuring the Dr. Paul Stevens Collection of Indian Coins, Part VI, Santa Rosa, CA: Stephen Album Rare Coins, Inc., 2016.

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