1 Rupee - Bombay Presidency (INO James II) 1686-1687 front 1 Rupee - Bombay Presidency (INO James II) 1686-1687 back
1 Rupee - Bombay Presidency (INO James II) 1686-1687 photo
© shamikb

1 Rupee - Bombay Presidency INO James II

 
Silver 11.45 g -
Description
Issuer
Bombay Presidency (British India)
Type
Standard circulation coin
Years
1686-1687
Value
1 Rupee
Currency
Rupee (1672-1835)
Composition
Silver
Weight
11.45 g
Shape
Round
Demonetized
Yes
Updated
2024-10-05
References
Numista
N#292220
Rarity index
97%

Reverse

Farsi legend.

Script: Persian (nastaliq)

Unabridged legend: Zarb Mumbai Fi Sanah Julus 4 Angrez Shadi

Translation: Struck at Bombay in the 4 year of English wedding.

Edge

Plain

Comment

The legends on these extremely rare rupees were tentatively deciphered by John Deyell in an article published in the Journal of Academy of Indian Numismatics & Sigillography, Vol.III 1980, pp.57-60. On 12th April 1686, King James II renewed the East India Company's charter after the establishment at Bombay suffered a rebellion by Captain Richard Keigwin who took over the control from the Company in the name of the King. Along with addressing causes of discontent, and with a view to streamline the trade, the charter permitted the Company with “full power license and authority to coin in their forts, any species of money usually coined by the Princes of these countries”, provided they matched the standards of such coins in terms of weight and fineness. It is probable that coins in Mughal style bearing the name of James II were struck at this time, to alleviate the frustrations caused by English-style 'Pax Deo' rupees, which traders on the Konkan mainland and beyond were very reluctant to accept. About six pieces are known of these coins.

Interesting fact

The 1 Rupee coin from Bombay Presidency (British India) made of Silver weighing 11.45g, minted between 1686-1687, is a rare and valuable coin among collectors. It's one of the earliest coins minted by the British East India Company in India and features an image of King James II on one side and a lion on the other. The coin's rarity and historical significance make it a highly sought-after collector's item, with some specimens selling for thousands of dollars at auction.