Queen Victoria One Rupee Coin 1862 Value

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Queen Victoria One Rupee Coin 1862 Value

A Rare and Valuable Coin from British India:

Note:

The Queen Victoria one rupee coin from 1862 is a rare and valuable coin minted in India during the British Raj. The coin is made of silver and features a portrait of Queen Victoria on the obverse side. The reverse side of the coin depicts the value of the coin and the date of minting.

There are many types of variants in this 1862 one-rupee coin, but the coin which was sold for a higher price follows under this type were Mint is Bombay mint, Obverse type as Half anna die, Reverse type as II/2/0 and has been unlisted in PR.

For detailed information on this coin type please check the below website for more information,

In the above-mentioned site: (jfcampbell.us), you can identify a wide range of variants in this coin.

Coin Specification:

1. Name:                       Queen Victoria One Rupee
2. Domination:              One Rupee
3. Metal:                        Silver
4. Year:                         1862 AD
5. Weight:                     11.52 grams
6. Diameter:                  30.78 millimeters
7. composition:             Silver (.917)
8. Mint mark:                Bombay Presidency mint
9. Available:                  Very Rare

Coin Engraver or Designer: 

The Engraver or designer of this coin was William Wyon RA, he became the assistant engraver to the Mint and later he became the official chief engraver of the Royal Mint from 1828 to 1851 until his death.

Obverse Side:

On the Obverse side of the coin, there's a picture of Queen Victoria facing left, wearing the crown, and her hair is tied up in a bun. The inscription "VICTORIA QUEEN" is around the border of the coin.

Reverse Side:

On the Reverse side of the coin, there's a denomination "ONE RUPEE," in the center. Below that, it shows the year it was made, 1862. And on top of the value, it says "INDIA."

Coin History:

The one rupee coin was minted in Bombay, India. The Bombay Mint was one of the three major mints in British India, along with the Calcutta and Madras mints. The Bombay Mint was responsible for minting coins for Western India, including the presidencies of Bombay, Sindh, and Gujarat.

How Much is it Worth?:

Now, here comes the exciting part! This coin is very rare and can be worth a lot of money! This coin was sold for a price of ₹1,70,000! That's like $2,125 in dollars! But guess what? There are Some of these coins, which have been sold for even more! In 2018, one coin that was in perfect condition sold for ₹4.15 crore, which is about $520,000!

So, this coin isn't just any coin. It's a special piece of history from a time when India was ruled by the British. People who collect coins like having this one. If you have one of these coins, it's a good idea to ask someone who knows a lot about coins to tell you how much it's worth. It could be a hidden treasure!

Additional Resources:

https://en.wikipedia.org/wiki/William_Wyon
http://jfcampbell.us/india/victoria/rupee-obv.htm
http://jfcampbell.us/india/victoria/rupee-rev.htm
http://jfcampbell.us/india/victoria/rupee-mm.htm
http://jfcampbell.us/india/victoria/rupee-dot.htm

Disclaimer:

Please consult a professional numismatist before deciding about buying or selling coins. The article is only educational.

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