© Museum Victoria
© Museum Victoria
5 Fanams ND
| Silver | 4.65 g | 16 mm |
| Issuer | Madras Presidency (British India) |
|---|---|
| Type | Standard circulation coin |
| Years | 1807-1808 |
| Value | 5 Fanams (5⁄42) |
| Currency | Pagoda (1639-1817) |
| Composition | Silver |
| Weight | 4.65 g |
| Diameter | 16 mm |
| Shape | Round |
| Demonetized | Yes |
| Updated | 2024-10-05 |
| Numista | N#74114 |
|---|---|
| Rarity index | 97% |
Reverse
At centre within line circle, the denomination in Telugu (Aedu rukalu); around, the denomination in Tamil (aintu panam)
Translation: Five Fanams
Edge
Grained right ////
Comment
- 5 fanams, 1st series- Weight varies 4.42 - 4.70 grams
- Diameter varies 16.3-17.8
- Silver coins struck on the pagoda standard were authorised in July 1807. The coins were struck from silver obtained from Spanish dollars. In 1808 the dumpy style gold star pagoda was replaced by flat European style gold coins and this initial series of silver pagodas was re-designed to closer match the new gold pieces.
Interesting fact
One interesting fact about the 5 Fanams coin from Madras Presidency (British India) is that it was minted during a time of great economic change in India. The coin was introduced in 1807-1808, a period when the British East India Company was facing financial difficulties and the Indian economy was experiencing rapid inflation. Despite these challenges, the 5 Fanams coin remained a widely used denomination and helped to facilitate trade and commerce in the region.
Price
| Date | Mintage | VG | F | VF | XF | AU | UNC |
|---|---|---|---|---|---|---|---|
| ND (1807-1808) | 988423 | - | - | - | - | - | - |
Values in the table are based on evaluations by sales realized on Internet platforms. They serve as an indication only for 5 Fanams ND (1807-1808) coin.
