India 1912(c) 1/4 rupee

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Heritage sale 3020, lot 24267
photo courtesy Heritage Auction Galleries
from Stack's Bowers 2016 ANA sale, part of lot 21047
India SB816-21047f.jpg

The first specimen was lot 24267 in Heritage sale 3020 (Long Beach, September 2012), where it sold for $763.75. The catalog description[1] noted, "George V silver Restrike Prooflike 1/4 Rupee 1912 (C), Restrike Prooflike 66 NGC. Exceptional bluish toning with no significant flaws. The rims are exceedingly wide on both the obverse, and reverse. NGC has listed this as (B) mint, but we feel that it is (C), as there does not appear to be a dot mintmark on the reverse." The B mint would be Bombay, the C mint Calcutta. Both mints remain in operation today. In the 1950's and 1960's both mints restruck coins of the Raj for sale to collectors; many restrikes may be distinguished by rusty dies. The second specimen was part of lot 21047 in Stack's Bowers ANA sale (Anaheim, CA, August 2016), which sold for $3,760. The catalog description[2] noted, "INDIA. George V. Seven Piece Restrike Proof Set, 1912. NGC PROOF-63 to 66. KM-508, 510, 512, 515, 518, 522, 524. RARE AS A SET. Any one of these coins alone would be a prized addition to a collection of British India, to locate a seven coin set in this quality is an extraordinary opportunity. Much like the Victoria set also offered in this sale, the coins seen here are nicely matched and within a narrow grade range. Two of the three copper issues are full RED with only the 1/12 Anna receiving the RED BROWN designation, though it too is far and away mostly red. The silver pieces are lightly toned on the obverse with darker toning loaded with color on the reverses. Grades from smallest to largest denomination are as follows: PROOF-64 RB, PROOF-64 RD, PROOF-63 RD, PROOF-65, PROOF-66, PROOF-64 and PROOF-65. A set worthy of serious consideration, and sure to attract much interest."

Recorded mintage: 9,587,000 plus proofs plus 2,200,000 more from Bombay.

Specification: 2.92 g, .917 fine silver, .086 troy oz ASW, 19.3-20 mm diameter.

Catalog reference: KM 518.


  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
  • Stevens, Paul, and Randy Weir, The Uniform Coinage of India, 1835 to 1947, A Catalogue and Pricelist, London, Spink & Son Ltd, 2012.
  • [1]Tucker, Warren, and Cris Bierrenbach, Heritage Signature Auction 3020: World Coins, Dallas, TX: Heritage Auction Galleries, 2012.
  • [2]Ponterio, Richard, The August 2016 Anaheim ANA Auction: Ancient Coins, World Coins & Paper Money, Santa Ana, CA: Stack's Bowers LLC, 2016.

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