Portuguese India 1881 1/8 rupia

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from Stack's Bowers November 2015 sale, lot 29263
P India SB1115-29263r.jpg

This specimen was lot 39263 in Stack's Bowers Winter sale (Baltimore, November 2015), where it sold for $1,938.75. The catalog description[1] noted, "INDIA. Portuguese India. 1/8 Rupia (Oitavo), 1881. NGC PROOF-65. The only proof example of the coin submitted to the grading services to date. Unlisted as a proof in both Gomes and Krause, and far more RARE than British Indian coinage, this Portuguese Indian coin is in a class all by itself. Icy mirrored fields produce a full cameo portrait, and with all the other traits that signify a proof striking. A superlative example that is sure to please the new owner of the collection it enters." This specimen is a one year type struck for the Portuguese colonies in India. Once extensive, Portuguese dominions had dwindled by the 1800's to the enclaves of Goa, Diu and Damao. Issues up to 1952 were based on the rupee (1 rupia = 16 tanga) and struck at the British controlled mints of Bombay and Calcutta. The year 1881 saw the only complete series of silver minted, including the eighth (shown here, equals two annas), quarter, half and one rupia.

Recorded mintage: 902,000.

Specification: 1.46 g, .917 fine silver, .043 troy oz ASW, reeded edge, 16 mm diameter.

Catalog reference: KM 309; Gomes-L1.11.01.

Source:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
  • Alberto Gomes and Francisco Antonio Magro, Moedas Portuguesas e do Território Que Hoje é Portugal: Catálogo das Moedas Cunhadas para o Continentes e Ilhas Adjacentes, para os Territórios do Ultramar e Grão-Mestres Portugueses da Ordem de Malta, 6ª Edição, Lisbon: Associação Numismática de Portugal, 2013.
  • [1]Ponterio, Richard, and Todd McKenna, The November 2015 Baltimore Auction, World Coins and Paper Money, featuring the Ray Czabor Collection and selections from the Strong Museum, Santa Ana, CA: Stack's Bowers LLC, 2015.

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