Mughal Empire AH1038/2 mohur Fr-787

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Heritage sale 3049, lot 31040
India H3049-31040r.jpg
from Stephen Album sale 32, lot 1870
Mogul SA32-1870r.jpg
The first specimen was lot 31040 in Heritage sale 3049 (Long Beach, September 2016), where it sold for $2,350. The catalog description[1] noted, "Mughal Empire. Muhammad Shah Jahan gold Mohur AH 1038//2 (1628) MS64 NGC, Surat mint. Showcasing a choice strike of the calligraphic designs, surrounded by sublime, honey-colored luster that illuminates the fields. The obverse motif features the Kalima, mint name, and date while the reverse script is equally produced in a pleasing, high-relief style. Likely from the Akola hoard, and desirable as such." The second specimen was lot 1870 in Stephen Album sale 32 (Santa Rosa, CA, September 2018), where it sold for $3,818.75. The catalog description[2] noted,
"MUGHAL: Shah Jahan I, 1628-1658, AV mohur, Surat, year 2, month of Azar, from the fabled Akola hoard, superb bold razor-sharp strike, the finest we have seen, NGC graded MS65. In 1974, a hoard of gold coins was discovered along the riverbank near the city of Akola. It is believed the mohurs represented military pay sent from the mint at Surat to Mughal troops fighting near Golkonda. As the story goes, the courier rested with the troops at night in the dry riverbed. Suddenly premature monsoon rains filled the area and swept away the caravan - and with it the whole gold mintage of the Surat mint for that year. Perhaps this tale was invented to conceal what really had happened, most likely either loss or theft or some other egregious activity."
This type is listed from over forty mints in India. The Mughal Empire dominated India during the seventeenth century but broke up in the eighteenth century under external attack, Hindu rebellion and civil war. This collapse allowed European colonizers entry into the subcontinent and eventual British control. The emperor Shah Jahan is today remembered for erecting the Taj Mahal for his wife.

Recorded mintage: unknown.

Specification: 10.8-11 g, gold.

Catalog reference: KM 255.6, Fr-787.


  • Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1601-1700, 6th ed., Iola, WI: Krause Publications, 2014.
  • Friedberg, Arthur L. and Ira S. Friedberg, Gold Coins of the World, From Ancient Times to the Present, 9th ed., Clifton, NJ: Coin and Currency Institute, 2017.
  • [1]Cristiano Bierrenbach, Warren Tucker and David Michaels, Heritage World Coin Auction 3049, featuring the Ohio Valley Collection, the Redwood Collection and the F.P. Briand Collection, Dallas, TX: Heritage Auction Galleries, 2016.
  • [2]Album, Stephen, Joseph Lang, Paul Montz, Michael Barry and Norman Douglas Nicol, Auction 32, featuring the Don Erickson Collection of German Coins, Part II and the Hazerfans Collection of Ottoman Empire Coins, Santa Rosa, CA: Stephen Album Rare Coins, Inc., 2018.

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