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Forum Home > British India > GUESS WHAT THE 1939 RUPEE WILL SELL FOR APRIL 27TH 2012

cranko
Limited Member
Posts: 113

Post a reply/GUESS to what you think this coin will sell for in 17 days from the date of this posting April 9th 2012.


India,     India: George VI Rupee 1939 (B) Reeded Edge,...  India,     India: George VI Rupee 1939 (B) Reeded Edge,...


The following link is to HERITAGE AUCTIONS   


http://coins.ha.com/c/item.zx?saleNo=3019&lotNo=24911&lotIdNo=193004


My guess is $13,225 including the buyer's premium-

So that would mean the price would be $11,500 + a buyer's premium of $1,725


But, you never know with an auction

folks!

--

Sanjay C. Gandhi

April 9, 2012 at 3:30 PM Flag Quote & Reply

kidromeo
Site Owner
Posts: 489

My guess for the final hammer price is $9500+ buyer's premium. BTW its one of the most beautiful 1939 Rupee coin I have seen with red toning making it more desirable.

--
"Coin collecting is the only hobby in the world that you can
spend all the money in the world and still have some left over" 
April 10, 2012 at 1:18 PM Flag Quote & Reply

zwiggy
Limited Member
Posts: 4

Probabily a little over $10K - I am thinking about $12000 after buyers premium. Price on this thing is crazy. But the craziest is the reported 23000 British Pounds (17 lakh Rs) that the VF example of the Security edge type sold for.

I was told that NGC has only 3 coins graded in MS state - have these ever been up for sale?

April 11, 2012 at 10:24 AM Flag Quote & Reply

cranko
Limited Member
Posts: 113

From my experience i've never seen a mint state coin at auction in a slab. But Baldwin's has auctioned 3-4 examples in the past from 2006-2011 that looked like pretty good candidates for UNC examples. I've never seen a mint state coin auctioned by an auction house in India either, and most examples were of lesser quality. 

NGC registry shows the following  8 examples graded:

MS 63 (1) MS 62 (1) MS 61 (1) AU 58 (2) AU 55 (1) AU 50 (1) XF 45 (1)

PCGS shows shows the following 2 examples graded:

MS 64 (1) and XF 45 (1)  

There are only four examples graded in mint state so far, but I am sure that will change over the next months or years. Keep in mind that population reports do not reflect coins that are not assigned a "numerical" grade, nor does it account for any private transactions. If the grade is : AU DETAILS surface hairlines for example. The coin will not show up in the population reports. The coin is a rarity, but nobody can truly discern "how rare". Hope this helps-  




  


 


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Sanjay C. Gandhi

April 11, 2012 at 6:36 PM Flag Quote & Reply

Hannah Fox
Member
Posts: 1

Guys, I need your advice. I have a necklace - well, it looks more like a neck ring or even slave collar - attached to it is a coin. As far as I can tell it's an Indian one rupee from 1939 but it is welded to a silver choker and has an amber/similar stone covering the writing on the flowers side. I can just make out George VI and where it says emperor on the back where it isn't obscured by the band. Should I attempt to remove the neck ring or is this type of jewellery known and has its own value? Any ideas or advice, please?

April 18, 2012 at 2:19 PM Flag Quote & Reply

broken compass
Limited Member
Posts: 230

Please do share a picture of the coin

April 19, 2012 at 5:07 PM Flag Quote & Reply

cranko
Limited Member
Posts: 113

Final hammer price was $12,650 ($11,000 + $1,650 buyers premium) for an AU 55 NGC COIN

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Sanjay C. Gandhi

April 30, 2012 at 12:50 PM Flag Quote & Reply

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