AH 1176 Monghyr coin to sell for $9,376?

An AH 1176, Year 4 Monghyr coin is among the highlights of the conclusion of the David Fore Collection sale of Indian and British Indian coins at Baldwin's. The auction takes place on September 25-26 with the sale of the final 1,400 lots.

Having achieved $2m in sales so far, expectations are high for the remainder of the collection to perform well.

The AH 1176 Year 4, Monghyr coin is one of the most important gold mohurs in the series, with a presale estimate of £4,000-£6,000 ($6,249-$9,376). The year on the coin, AH 1176, ended on July 11, 1776. 

David Fore Mohur
The AH 1176 Year 4, Monghyr coin

The Nawab of Bengal, Mir Kasim Ali Khan, issued the coin in the period between 1761 and 1763.   

At this time, Bengal's capital moved to Monghyr, leading to a dispute with British forces that resulted in the capture of the Nawab's fort in 1763.

This is a rare example and one of the earliest documented coins of the Bengal presidency. The condition is extremely fine, with some slight toning and a couple of test marks on the edge.

The auction also includes several attractive pieces from the princely states, with fine examples of Awadh gold mohurs and ashrafi available. An 1840 silver rupee will auction with an estimate of £5,000-£8,000 ($7,815-$12,505).

Other coins in the previous instalments of the auction have achieved strong sales figures, with an 1839 silver rupee selling for £132,000 ($204,000) - a new world record for a British Indian coin. An 1878 proof restrike mohur made £25,000 ($38,763), up 212% on its high estimate.

The Paul Fraser Collection has a number of rare coins available, including this extremely rare example of a William IV proof Crown coin from 1831.

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