Salient Features Of The Marudhar Arts Auction No 17

Greetings from Marudhar Arts, One of the largest conglomerates in the country dealing in coinages and other numismatic collectibles. We are immensely proud to launch Auction No 18 which shall be one of its kind auctions which shall be real time and available on the floor and to our patrons who shall be available on our e store to procure products from our exhaustive inventory. 

Every year a myriad of collectibles are showcased to the general public fraternity through our annual extravaganza – The 7^TH National Numismatic Exhibition 2016 which shall be conducted at The Bell Hotel Bangalore from the 26^th to the 28^th of February 2016. Some of the rare specimens of coinages that shall be manifested to the public during the auctions and the exhibitions are mentioned below:

1)      Gold Coin of Samudragupta (335 – 370 AD)Gold Dinar , King and Queen type issued in the memory of  his parents Chandragupta I and Kumaradevi. Weight – 7.5 Grams , Dimension  - 20.47 mm. Estimated Value – 2 – 2.5 lacs

2)      Gold Coin of Samudragupta (335 – 370 AD)Gold Dinar, King Nimbate standing to the left holding a wheel headed standard in his left hand . Weight – 7.6 Grams , Dimension  - 20.06 mm. Estimated Value – 1 – 1.5 lacs

3)      Gold Coin of Chandragupta II – “ Vikramaditya” Weight – 7.90 Grams , Dimension  - 18.48 mm. Estimated Value – 1.5 – 2.0 lacs

4)      Gold Coin of Chandragupta II – “Vikramaditya”. The coins depict the king riding the horse to left , holding bow and sword tied to the waist .Weight – 7.70 Grams , Dimension  - 18.50 mm. Estimated Value – 2.0  – 2.5 lacs

5)      Gold Coin of Chandragupta II – Gold Dinar Lion Slayer Type – Coin Depicting the king standing right wearing short tucked dhoti holding bow in left hand and right hand is shown as having released the bowstring . Weight – 7.05 Grams , Dimension  - 18.46 mm. Estimated Value – 1.75 to 2.25 lacs

6)      Silver Square Rupee from the Urdu Mint , Kalima Type – Kalima Shahada in four petalled flattened floral pattern with the names of four khalifas name in four angles. Weight - 11.50 Grams, Dimension - 18.90 mm * 18.60 mm . Estimated Value – 2.25 – 3.25 lacs

7)      Gold Square Mohur , Patna Mint Kalima type , Kalma Shahada around four khalifas name Dimension – Grams – 10-.5 grams , 19.42 mm * 18.48 mm . Estimated Value – 3.5 – 4.5 lacs

8)      Silver Rupee of Jahangir – Weight of the coin – 11.4 gram , Dimension of the coin – 23.48 mm , Value of the coin – 4 lacs – 5 lacs

9)      Gold Coin of Shah Jahan from Surat Mint Weight of the coin – 10.85 gram , Dimension of the coin – 19.86 mm , Value of the coin – 2.5 to 3 lacs.

10)  Gold Coin of Shah Jan II Akbarabad , Weight of the coin – 11.0 gram , Dimension of the coin – 25.50 mm , Value of the coin – 5 lacs – 6 lacs

FURTHER TO BE ADDED SUBSEQUENTLY...

Marudhar Arts Coins e-Auction-30 is live! Bid Now!

Marudhar Arts Coins e-Auction-30 is live! Bid Now! 

Marudhar Arts (www.marudhararts.com) e-Auction # 30 is uploaded and LIVE on http://marudhararts.com/e-auctions/auctionno/30.html .... ready to accept your bids.... Closes on 24th and 25th December.

Please visit and bid on a vast array of lots which are ranging from Coinages of Ancient India Coins, Hindu Medieval Coins, Sultanate Coins, Mughal India Coins and Rare Autographs of Amazing Personalities from across the globe. Apart from that we have bifurcated the coins into different categories for the ease of your perusal and interests.

Please feel free to Contact us for any QUERIES/BIDDING at your convenient time at cm@marudhararts.com OR Call US on 080-6532-9800 in Business Hours...Monday to Saturday (10 am to 6 pm)…

We wish you a pleasant shopping experience ahead...

Thanks & Regards,

Show Room & Admin Office

Marudhar Arts,
85, M.G. Road ,
Next to Barton Center (Parking Building),
100 Meter from Metro Station toward Anil Kumble Circle,
Bangalore 560 001 (INDIA).

​Registered Office

Marudhar Arts,
1st Floor,Pamadi Chambers,
120, Dr. D. V. G. Road,
Basavangudi (Gandhi Bazar),
Bangalore 560 004 (INDIA).

+91-80-65329800/9880107766
info@marudhararts.com

Know More About Coin Collection and Why It is Vital

Have you ever collected coins or any other item? Do you do it for the money or for the joy of it?

For many people coin collecting may seem like a boring and useless hobby. The kind of thing that reminds you of your elders, who had an attic or basement full of various hobby items that were off-limits. I can’t really blame you if you do take that view toward coins or collectors, but I respectfully disagree. I actually used to think like that, but over a period of time, I found many reasons to come to like and respect this dying labor of love. There is nothing wrong with collecting coins, and pursuing your hobbies in general, as long as you are passionate about it and have a hobby on a budget.

You Can Make Money

Believe it or not, collecting coins can be profitable. Not only do many coins gain value, but if you decide that collecting is not for you after trying it, you will likely get all of your investment back, a rare occurrence when it comes to most investments. Prices of some coins will fluctuate with metal prices. Fortunately, those metal prices (especially in a shaky economy like this), tend to rise regularly.

You may be looking for the most hard-to-find coins on the market. These will cost more, but the rarity of coins is often one of their best selling points. If you are lucky enough to stumble upon a hidden treasure, the rarity of certain coins could be enough to set you for lifetime. In addition to the rarity attribute, beauty and design are also two very sought-after attributes in coin collecting. Some collectors classify beauty as lustre and flawlessness, while others seek out coins for their layout or artwork. I have always enjoyed the look of the bay bridge, and with the polar bear on the front, this is easily the best looking coin I have ever seen.

Craze And Challenge Of Finding Perfect

Some collectors just value the challenge of finding that “perfect” coin. With an unlimited budget, nearly any coin can be purchased. It is finding that coin at a steal that is the real challenge for collectors. In addition to the challenge of finding just the right coin, many collectors are modern-day treasure hunters. Just imagine walking in the beach with your metal detector in hand, and stumbling upon a horde of coins worth thousands or even more. It is an extremely long shot, but still worth dreaming about.

Educational View

You perhaps would not even realize it until fully immersed in coin collecting, but a lot can be learned from coin collection. Studying coins and their backgrounds can lead to interesting discoveries and facts about history, politics, society, and culture. Take, for example, the recent issuance of the State quarters and Presidential dollar coin programs. There is plenty to be learned just from these two recent coin series.

Metal Content

Since gold and silver are ever-increasing in value due to limited worldwide supply, many collectors search for coins to add to their collection with only this consideration in mind. Much to the surprise of many, there are valuable coins that likely pass through your fingers quite regularly. Did you know that many Indian coins minted before 1965 had 90% gold and silver content? Not many people realize it, and even fewer are wise enough to hold on to these coins when they have the opportunity. Also, the heavier coins are worth even more, so be on the lookout for these so you can start your collection.

Pass On To Your  Kids (New Generation)

If you want to really face reality, paper and coin money may not even exist when your young ones reach their own adulthood. With this in mind, many parents are happy to purchase brand new coins directly from the bank or mint in hopes of an increase in value that their children and future generations can benefit from. Do not think for a second that these coins will not increase in value over time. Even though we do not use as many precious metals to produce coins as we used to, condition of coins is also a big contributing factor to its value. It may not make them millionaires, but it could prove to be a worthwhile investment for your children for a relatively small initial investment.

There is something so peaceful about rifling through coin collection, taking inventory, or looking for one specific piece. Hobbies are very important both for stress relief and just to get away from everything and enter your own little world, if only temporarily.

Coin collectors have been around since before the Roman Empire, and do not look to be dying off in the near future. Whether you think it is an absolute bore, or a potential endeavor to undertake, you cannot deny that these reasons are appealing. You may well have a completely different reason for beginning a collection. Whatever the case, give it a shot. It’s not like you have much to lose.

Marudhar Arts buy, sell & Auction of Coins, Watches, Stamps, Bank Notes, Paintings, Antique Jewelry, Medals, Picture Post Card, and Autograph of renowned personalities.

Presidency Coins – Bengal Presidency

                Marudhar Arts

The East India Company established its first factory in the Bengal region in 1633. Several factories were established in Orissa, Bengal and Bihar, and initially they were all administered from Madras. 

In 1698, the Company received rights over Calcutta, a fort was constructed there (Fort William), and in 1715 the Bengal Presidency was created. In 1756, contrary to the instructions of the Nawab of Bengal, Siraj ud-Daulah, the Company engaged in a major fortification of the Fort and eventually the Nawab laid siege to it and captured it. 

This was the time when the infamous "Black Hole of Calcutta" incident took place. After the Bengal forces captured the fort, some of the captured prisoners escaped, and the officer in charge placed the remaining 146 prisoners in a small 14 x 18 foot room overnight. A significant number perished (the number is not known exactly) from the heat, lack of water and from being trampled in the overcrowded conditions. 

The Company sent reinforcements commanded by Robert Clive, who recaptured the Fort in January 1757. As part of the peace treaty signed after this event, the Company secured from the Nawab the right to strike coins at their own mint in the style of the local issues from Murshidabad.Coinage began in June 1757 and, within a couple of weeks, the Battle of Plassey marked the beginning of the creation of the British Empire in India. After this battle, the Company acquired property rights over a large part of Bengal and a few years later, in 1764, after the Battle of Buxar, expanded their territory to include much of Bihar and Orissa and even parts of modern Uttar Pradesh. 

The basis for the Raj was firmly in place.The East India Company acquired the mint at Banaras from the Raja of Awadh in 1776, soon after the Battle of Buxar. The coins they issued from this mint showed a double regal year, the fixed RY 17 (the RY of the first British issues) and then the progressive RY until the death of Shah Alam II in his RY 49. Both Pridmore and KM list only the AH date 1197 on coins bearing the RY date of 25. This coin, however, bears the RY 25 along with an AH date of 1198. In the listings of these coins, Some renowned numismatists and connoisseurs raise a question mark on the mintmarks, indicating that they was not able to determine the mintmarks on the RY 27, AH 1200 coins.

This coin shows the mintmarks clearly, and, in particular, shows that the normal leaf sprig on the obverse is replaced by a five dot mintmark. Further, the cross that had been appearing under the fish on the coins of the previous few years has disappeared here.Shah Alam lost Bengal to the East India Company in 1765 and so issues after that time are British issues. This coin carries a star mintmark on the obverse (more or less in the center).

The later coins from Murshidabad replaced the star mintmark on the obverse with a crescent. This coin seems to be an error coin or a mule. Shah Alarm’s regal year 11 spanned AH 1183-1184 and records RY 11 coins with these two AH date. But this coin has an AH date of 1185! Since AH 1185 was already in Shah Alam's RY 12, this is clearly an error coin or a mule.

Although the mint name on this coin is Murshidabad, it is actually a Calcutta issue. A new mint was opened there in 1790, where machine struck coins like this one were issued. The lack of any privy marks proves that this was one of the initial issues from the mint. Some later coins have oblique left milling on the edge. 

In 1793, production of this type was split into four mints. The privy mark on this coin indicates that it is a Calcutta issue. Additional dots in the centers of the rosettes circled in black indicated Dacca, Murshidabad and Patna. This coin continues to have oblique left milling on the edge.The East India Company acquired the mint at Saharanpur in 1803 and operated the mint for only a couple of years, before shutting it down in 1805. These coins are quite rare and an aficionado/connoisseurs delight.

Marudhar Arts is hosting an Exclusive Coinage Auction which is now live on its website – www.marudhararts.com (Auction No 24) http://marudhararts.com/e-auctions/auctionno/24.html 

We have a colossal repertoire of Exotic Presidency  Coins in Impeccable condition that are featured on the website and are in our possession. To know more about these cisterns of opulent legacies, please visit our website www.marudhararts.com or call us at 080-65329800.