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Bombay Presidency representative gold set

Started by cmerc, November 02, 2012, 07:51:20 AM

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repindia

Quote from: cmerc on November 06, 2012, 10:04:43 PM
When was this?  $1600 for a panchia is a good value.  Prices now have really gone up for these. 
And post your "bullion" panchia, I am really curious to see it.

The picture you posted with the three plumes crown panchia is the very same coin which was sold for $1600 (my memory is still good!) in May 2012. I think this later sold in India too for a higher price in Mumbai.

I will post the picture of my coin latest by the weekend.

cmerc

Quote
The picture you posted with the three plumes crown panchia is the very same coin which was sold for $1600 (my memory is still good!) in May 2012. I think this later sold in India too for a higher price in Mumbai.
So it went from Stephen Album to Todywalla Auctions?  I did see this type of panchia in both the auctions.  I didn't realize that it was the same coin.  Stephen Album was honest enough to list it as a crude local Princely state issue.  Todywalla lists it as "unpublished", and sold it for almost twice the Stephen Album realization (INR 150,000 ~ $2750 + BP).  Either Todywalla was dishonest, or they are not informative enough to sell high end coins.  I suspect the former.   
Defending this hobby against a disapproving family since 1998.

repindia

Quote from: cmerc on November 08, 2012, 05:41:17 PM
So it went from Stephen Album to Todywalla Auctions?  I did see this type of panchia in both the auctions.  I didn't realize that it was the same coin.  Stephen Album was honest enough to list it as a crude local Princely state issue.  Todywalla lists it as "unpublished", and sold it for almost twice the Stephen Album realization (INR 150,000 ~ $2750 + BP).  Either Todywalla was dishonest, or they are not informative enough to sell high end coins.  I suspect the former.

The exact same coin and I share your suspicions.  ;)

PeaceBD

Quote from: cmerc on November 08, 2012, 05:41:17 PM
So it went from Stephen Album to Todywalla Auctions?  I did see this type of panchia in both the auctions.  I didn't realize that it was the same coin.  Stephen Album was honest enough to list it as a crude local Princely state issue.  Todywalla lists it as "unpublished", and sold it for almost twice the Stephen Album realization (INR 150,000 ~ $2750 + BP).  Either Todywalla was dishonest, or they are not informative enough to sell high end coins.  I suspect the former.

I was tracking this coin In SA's Auction. As far as I recall this was the only nice one without any conditions issues. But the crudeness of the crown kept me from bidding on it.

cmerc

Quote from: repindia on November 08, 2012, 05:59:48 PM
The exact same coin and I share your suspicions.  ;)

It IS the same exact coin.  Notice the shape of the small rough patch right side of the crown?  It resembles the shape of Great Britain on BOTH coins.
Defending this hobby against a disapproving family since 1998.

repindia

I finally got to picturing my example. Please excuse the quality of the specimen.

repindia

Now this is why the value of this is just melt value and it was treated like bullion by the bidders.

I hope to take it to a jeweler who would remove the mount. Does anyone have recommendations on someone who expertly removes mounts?

Thankfully they did this on this side and not the other!  ;)

repindia

Now while searching for the above coin I found something which I did not know I had-- a nice gold Rupee. I knew I had one MS example which was slabbed, but did not remember about this piece at all! I remember whom or where I bought my coins from and also generally the prices even for the most common of coins but surprisingly this one slipped my mind. I am probably losing it at a relatively young age!  :o


repindia

Nice surprise to have nevertheless!  ;D

cmerc

Thanks for posting the pictures.  The panchia is much nicer than what you made it sound. 
I recommend that you keep the mount.  The harm has already been done, and a jeweller may damage the details while attempting to remove the mount.  Even if you do manage to remove the mount, it will look uglier and will not increase the value in any way.  Moreover, according to Pridmore, this is not a EIC issue panchia, but a local / princely state / Maratha copy.  Your efforts are better directed trying to obtain a better specimen (while not competing with me directly). 

And a very nice gold rupee.  Thanks for sharing!  If it isn't too much trouble, maybe you can share your slabbed gold rupee too?  (I know I am starting to get annoying!)

Quote from: repindia on November 09, 2012, 03:32:48 PM
Now while searching for the above coin I found something which I did not know I had-- a nice gold Rupee. I knew I had one MS example which was slabbed, but did not remember about this piece at all!
I did start a thread to get an idea of how others organize their collections.  No consensus emerged. 
http://www.worldofcoins.eu/forum/index.php/topic,18041.0.html

Quote from: repindia on November 09, 2012, 03:32:48 PM
I am probably losing it at a relatively young age!  :o
How old are you?
Defending this hobby against a disapproving family since 1998.

repindia

Quote from: cmerc on November 09, 2012, 11:42:33 PM
Thanks for posting the pictures.  The panchia is much nicer than what you made it sound. 
I recommend that you keep the mount.  The harm has already been done, and a jeweller may damage the details while attempting to remove the mount.  Even if you do manage to remove the mount, it will look uglier and will not increase the value in any way.  Moreover, according to Pridmore, this is not a EIC issue panchia, but a local / princely state / Maratha copy.  Your efforts are better directed trying to obtain a better specimen (while not competing with me directly).

Thanks for your comments. I have seen ex-mount coins removed very expertly and leave very little trace of the mount and am searching for such a person. The intention here is not to increase the value of the coin but improve the eye appeal. In any case removing the mount would not increase the value of it by much. I don't collect gold (though have collected a few in the Presidency series in the past) and might not add anything else to my collection but sometimes get tempted to get one!  ;) I don't think I will be of much competition to you.

On a side note after all these years of collecting I do not own the very common example of a Bengal Presidency mohur!  :o

Quote from: cmerc on November 09, 2012, 11:42:33 PM
And a very nice gold rupee.  Thanks for sharing!  If it isn't too much trouble, maybe you can share your slabbed gold rupee too?  (I know I am starting to get annoying!)
I did start a thread to get an idea of how others organize their collections.  No consensus emerged. 
http://www.worldofcoins.eu/forum/index.php/topic,18041.0.html
How old are you?
Good thread and I will contribute to it too. I will try to take pictures when I get to this coin. I do not like it very much and so must be lying someplace.
I am still not 40 and don't know what will happen to my eyesight and memory when I hit it shortly and how it will affect my collecting habits.  ;D

cmerc

Quote from: repindia on November 10, 2012, 01:44:16 AM
On a side note after all these years of collecting I do not own the very common example of a Bengal Presidency mohur!  :o
Those are pretty inexpensive (relatively).  For a VF, you can get one for ~$900-1100.  I recently got a UNC for less than $1300.  I have one grained left, one grained right.  Looking for straight grained edge.  Also for the fractional mohurs.  Trying to put together a Bengal set like this Bombay one. 

Quote from: repindia on November 10, 2012, 01:44:16 AM
I am still not 40 and don't know what will happen to my eyesight and memory when I hit it shortly and how it will affect my collecting habits.  ;D
My worry is how to get my children to learn Urdu, Hindi, and Bengali, possibly Tamil too.  I live in the US now and don't have any kids yet.  But I need to have at least one kid who carries the hobby forward.  All great collections are ancestral and inherited (except for millionaires' collections).
Defending this hobby against a disapproving family since 1998.

sachin_12342

Hello All.
I am new to this site & I loved watching the Pics of presidency sets . Yes I agree that Panchia is a hard denomination to find when it all cooks up to Presidency gold fractions if I am not wrong there are about 4-5 varieties and every-time when a collector thinks about collecting all the varieties it can bore a huge hole in pocket as these panchias now range from 1600$$(most common type) to 3000$$(Rarest with the inverted crescent) considering their bullion value they have gone much up in value I was some how able to find one for myself ad-mist of a very limited budget but I did it as they say "Where there is a will there is a way" I shall soon load pictures from my collection one I am well acquainted with this websites
Once again congrats to the owner of this beautiful coins  :)

cmerc

#28
Quote from: sachin_12342 on November 29, 2012, 02:28:07 PM
I shall soon load pictures from my collection one I am well acquainted with this websites
Thank you Sachin.  In fact the inverted crescent panchia is probably worth a lot more than $3000, based on recent auction realizations.  You must be truly lucky and dedicated to find one for a good price.  We look forward pictures of your panchia and how/where you got hold of it

Quote from: sachin_12342 on November 29, 2012, 02:28:07 PM
if I am not wrong there are about 4-5 varieties and every-time when a collector thinks about collecting all the varieties it can bore a huge hole in pocket
Very true.  I don't think this collector can even dream of putting together a complete set of all varieties ... :(
Defending this hobby against a disapproving family since 1998.