Zodiac gold mohur expected to bring $35,000 to $45,000 highlights Stephen Album auction

Coin is second of type to be offered at auction in eight years
By , Coin World
Published : 08/25/14
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A zodiac gold mohur, struck circa 1622 to 1623 by the fourth Mughal emperor, leads Stephen Album Rare Coin’s 20th auction, scheduled for Sept. 18 to 20.

The circa A.H. 1032 coin was issued during the reign of Nur-ud-din Mohammad Salim, who is known by his imperial name Jahangir. Jahangir may have been a coin collector, Album said, because of the array of special issues during his 23-year-reign, ending with his death in 1628. 

The example in Album’s auction features scales, indicating the Libra zodiac sign. Album said it is only the second Libra mohur to be sold at auction in eight years. 

Zodiac gold mohurs and silver rupees were introduced in A.H. 1027 (1618 to 1619) by Emperor Jahangir, and produced in gold for five years, at the Agra Mint, and in silver for just five months, at the Ahmadabad Mint.  

Today the mohurs and rupees are often encountered with holes, mount damage and wear from their use in jewelry or decoration. 

The coin is graded Extremely Fine 45 by Numismatic Guaranty Corp., and estimated to realize $35,000 to $45,000. 

The auction, with 2,978 lots, will be the firm’s largest to date. 

The sale, to be held at Album’s offices in Santa Rosa, Calif., includes the Nicholas Rhodes Collection of Chinese Cash Coins and the Dr. John Lund Collections of Norwegian and Danish India Coins.

To learn more about the sale or bid, telephone the firm at 707-539-2120 or visit its website.

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