¼ Rupee - Victoria (Off Metal Strike) 1862 front ¼ Rupee - Victoria (Off Metal Strike) 1862 back
¼ Rupee - Victoria (Off Metal Strike) 1862 photo
© Heritage Auctions

¼ Rupee - Victoria Off Metal Strike

1862 year
Gold 2.92 g 19.3 mm
Description
Issuer
India - British (British India)
Queen
Victoria (1837-1901)
Type
Non-circulating coin
Year
1862
Value
¼ Rupee
Currency
Rupee (1770-1947)
Composition
Gold
Weight
2.92 g
Diameter
19.3 mm
Shape
Round
Technique
Milled
Orientation
Medal alignment ↑↑
Demonetized
Yes
Updated
2024-10-05
References
Numista
N#88124
Rarity index
94%

Reverse

Value and date within wreath

Script: Latin

Lettering:
1/4
RUPEE
INDIA
1862

Edge

Reeded

Comment

- Struck during the first year of production for the crowned head Victoria type and the first instance of gold off-metal strikes in British India. The reason for the existence of this type is not entirely known, but several reasons can be hypothesized. Whatever the actual reason, we know today that 1862-dated gold strikings are incredibly rare.
- Calcutta mint

Interesting fact

One interesting fact about the 1862 ¼ Rupee - Victoria (Off Metal Strike) from India - British (British India) is that it was minted in gold, which was a unusual choice for a coin of its denomination at the time. Most coins of this era and value were made of silver or copper, but the use of gold for this particular coin reflects the wealth and power of the British Empire at the time.