help please....Rare India one rupee silver coin orignal or fake

[ravibhatica]

Dear all senior member and admin i humble request to u tell me as soon as possible tell me these coin are original and fake?   these coin given by my grandfather he was a  coin collector Should i send these coin for grading?  in India two Grading companies
1. www.ngsofindia.com
2. www.pcggrading.in
Which company i should prefer I am Waiting Your Reply...I hope You Give ME better Suggestion Thanx In advance

[Figleaf]

Much depends on what you want to do with the coins. If you want to start your own collection, there is no need to have them graded. On the contrary, slabs don't fit in albums. If you want to sell, the grading formula is:

F < P^slabbed - P^unslabbed

where
F = fee and other cost of grading (postage!) you pay to the graders
P = price net of transaction cost

As a rule, the lower the grade, the more chance that the formula is untrue, so grading would destroy value. Your Edwardian rupee seems a case in point. Will leave the others to those who know more about Indian graders.

Peter

[anand]

Yeah as Peter pointed out it is your choice if you want to slab them or not and what you want to do after that.
From the pictures I think they might be AU grade.

They all seem genuine from the pictures. To be sure check the weight and diameter of the coins.  Try the ping test as well to be sure they are silver.

Some one with experience with the grading companies could comment on that. Personally i am not a great fan of slabbing coins. Prefer to hold them in my hand. []

Anand

[dheer]

If you have actually got these from your grandfather, the chances are pretty slim that these are fakes ... ie your grandfather would have picked these up from circulation and fakes of these coins where not in vogue at that time ...

[anand]

Dheer i would disagree with that.

I also found a few coins in my grandfather's place, in old closets. this was when i was a kid. They were a bit worn but was really happy i got few in that manner.

After a few years when i had read up a little more about coins, i realized a couple of those found from my ancestor's home were lead counterfeits and not original silver rupees of the time. And from what i heard from other older collectors is that these lead rupees could be found in circulation quite a lot around 1944-45.

So I would say its not a given that all coins you get from your grandfather would be all original.

Anand.

[ravibhatica]

first of all thanx to all members for reply secondly i ask that how can i do ping test and work on diameter as per say by anand.....today i check all coin weight individually so i found actual coin weight is different than  coin official weight but tell me its difference normal

1918 kolkata mint one rupee silver coin official weight is 11.61 and my coin weight is 11.48
11.61-11.48= 0.13 
tell me its difference normal???

[Ansari]

1918 kolkata mint one rupee silver coin official weight is 11.61 and my coin weight is 11.48
11.61-11.48= 0.13 
tell me its difference normal???

Yes.

[anand]

Try this for the ping test. http://www.worldofcoins.eu/forum/index.php/topic,10796.msg72523.html#msg72523 if you search on this board there could be other posts where this was discussed.

The weight I have seen quite a lot of variations from 11.2 gm to 11.66gm. Depends on the wear on the coin.
For diameter use a vernier callipers. There are digital ones also in the market and are handy for collectors.

anand

[Figleaf]

Nothing is ever simple.

The "ping" test will tell you whether the coin is cast or struck. If it is cast it is a fake, if it is struck, you need to establish weight and metal content (ask a friendly jeweller if it is silver and don't let him clean the coins) to know more.

If it is fake, it could be a very interesting contemporary fake. Indian rupees were widely imitated in Birma and used as money there. I find these worthy of inclusion in a collection (my taste). These fakes normally do not contain silver or they are lightly silvered.

From the pictures, I would say your coins are good silver, but at least some are cleaned. If I am correct, they are unlikely to be fakes, as Dheer mentioned, though there are no guarantees. Apart from the 1944 coin, none of these would rise above EF in my book.

Peter

[ravibhatica]

i want some more add coin  to my collection but where i get these type coins.... and how much get cost to me?? i search on quicker ebay and many other website but not found these type genuine coin they have offer  1904 year one rupee coin at 1000 rupees and 1940,1941,1942,1943,1944 one rupee coin at 700-800 rupees.... members tells me how its can possible??

[Harry]

British India Rupee from 1835 to 1939 are 97.1% silver. From 1940 to 1945 are 50% silver and 1946 to 1947 are not silver but copper nickel.

There are many factors that determine the price of a coin, one of them is the grade. I would say your coins would grade from EF to AU with one exception the 1904 Rupee. That I would grade as VF.  Most British India coins (except certain rare dates) at a grade of VF or below will sell close to the silver price.

If you plan to keep these coins as part of your collection then grading is not so important. If however you want to sell it you need to do some market research - see how other similar coins sell on the market (graded and raw) and calculate all the cost to see if it makes financial sense to grade it or to sell it raw. When I say "raw" I am referring to a coin that is not graded and slabbed.

By the way since its from your grand father's collection you might want to consider keeping some of them with you and pass them down to the next generation.

Hope this helps.

[Figleaf]

Others will tell you more about the price level for these coins in India.

My advice would be to complete a type series first, without worrying about mint, year or variety. Types are:

William IV: 1835
Victoria young head - continuous legend: 1840
Victoria young head - split legend: 1840, 1849
Victoria queen: 1862-1876
Victoria empress: 1877-1901
Edward VII: 1903-1910
George V: 1911-1936
George VI reeded edge: 1938
George VI security edge: 1940-1945
George VI nickel: 1947

There is a rupee 1939. Forget it for the time being. You have completed much of the second half of the series, so you are well on your way already. While you are hunting coins, you will find half and quarter rupees and 2 annas. If you have the money to buy them, fine. If not, they can always come later. The types are more or less similar, except that you may find halves and quarters with a slightly different head and a different metal content dated 1938-1940. Don't worry too much about them. There are also 4 anna (quarter rupee) and 8 anna (half rupee) pieces dated 1919-1921. They are good fun for being totally different.

One big job is to construct a want list. You can find all types here, but some types are so close to the others you can easily bunch them up. Don't worry about paper and gold either. While the rupee series is a short term goal, the want list is a long term goal. Just take your time, find out about collecting here and maybe find some trading partners or someone you can meet at a coin expo. This will save you a very large amount of money in the long run.

Also, keep asking questions here. We'll help where we can.

Peter

[silverdollar]

Super "LIKE"  Figleaf

[africancoins]

Someone selling a fake Edward VII Rupee 1903 here....

http://www.ebay.co.uk/itm/ws/eBayISAPI.dll?ViewItem&item=190717047828

(I have never been a registered user so cannot report it.)

The piece at the start of this topic seems all ok.

Thanks Mr Paul Baker

[The Oracle]

Will leave the others to those who know more about Indian graders.

Peter

whats that?  i never heard of such a thing must be a new development