Madras Presidency, Chinapattan Mint, Silver Rupee, AH (11)24 /Ahad RY, "Saheb-e-qiran" Couplet, In the name of Jahandar Shah, Obv: Persian legend "Sikka bazad bar mah chu Saheb-e-qiran, Jahandar Shah, Badshah-e-Jahan", (11)24 Hijri Year, Star & five petel flower symbol, Rev: Persian legend "Sana Ahad julus" & "zarb Chinapatan" completely visible at the bottom & star symbol, 10.80g, 25.92mm, (KM # B302 /Stevens # 2.21 /PR # 125), gash on edge, about very fine, Exceedingly Rare.

Note: Upon the conquest of Golconda by the Mughal Emperor Aurangzeb in 1687, Mughal style coins began to be used throughout the area. They were based on the rupee. Madras authorities obtained permission to strike Mughal-style coins in 1692, which included both gold mohurs and silver rupees, though only a few gold coins were struck. Chinapatan, the local name for Madras, was at first used as the name of the mint; however, this was later changed to Arkat, the name of a neighboring town, whose rupees were widely used, especially in Bengal. It was not until 1757 that the EIC acquired the right to mint coins in Bengal, despite its extensive trading interests there. Silver rupees struck by Jahandar Shah in Chinapatan are extremely rare and were reported to be struck only between 1712 and 1713 during the Ahad reign. The catalogue value is USD 1500.

Exceedingly Rare Madras Presidency Chinapattan Mint Sil ...

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