Mozambique No Date c/m 1 rupee

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Courtesy Ponterio & Associates

Mozambique became a possession of the Portuguese after a series of agreements with local sultans along the southeast coast of Africa. The first trading post was established in 1505. It remained a Portuguese colony until 1975, when, after a protracted civil war, it was granted independence from Portugal. Coinage of colonial Mozambique was a mixture of countermarked foreign silver coins and regular coinage.

This specimen was lot 805 in the Ponterio & Associates Sale #151 - November 2009 Baltimore Auction on Nov. 12, 2009, and sold for US$230. It is a one rupee from British India countermarked with the letters 'PM'. The countermarking followed a decree issued on January 5, 1889, and was applied to mostly Indian rupees and Maria Teresa Thalers. The lot description reads: "MOZAMBIQUE. Rupee, ND (1877-88). Crowned "PM" countermark on an Indian Rupee, 1840. VERY FINE."

Recorded mintage: unknown.

Specification: 0.917 silver (host).

Catalog reference: KM 40.2, Gomes-09.02.

Source:

  • 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.
  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.

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