What is the value of such a gold coin as this?

AUandAG · August 1, 2010 11:31AM

This appears to be Indian, from the era of the mugol Aurangzeb (1658-1707). I'm not at all
familiar with Foreign gold from this region or era. Weight appears to be about 11.5 grams
and size between 19 and 19.5mm (slightly out of round).
As an interesting side note my research led me to many Mugols that were direct decendents
of Ghengis Khan. The Mugol dynasties lasted from 1526 to 1707. Fading after that. This
is where we get the English word mogul as in "Hollywood mogul", "Wall Street mogul", etc.
The mugols were not only warriors but excellent learned scholars. The wealth of India allowed
for investments in the arts (a first for any rulers) This coin I think is minted in the Surat mint.
During this reign of Aurangzeb there were from 30-40 mints operating in India. The produced
a lot of copper, silver and gold coinage. I assume that this is probably not a rare example but
that I truly cannot find the answer to. Perhaps a bit of help here?
thanks, Sorry for the large pics, please scroll to the right!
bob

Silvereagle82 · August 1, 2010 12:39PM

Because is is considered damaged due to its use as jewelry (ie wear/tear/surface damage due to mounting)

Bullion value .... currently +- $1182/oz

AUandAG · August 1, 2010 1:16PM

It appears not to be damaged due to any mounting. It's never been worn and was a
gift to the present owners deceased husband.
I think that it really was nicely preserved for the past 300 years but that does not mean
it's worth any more than bullion value.
I'd like any references that anyone can come up with that could provide rarity. Copper
from that region/era is extremely common, silver less so and gold even less.

thanks,
bob

DCH · August 1, 2010 2:32PM

I believe that is Shah Alam II, Shahjahanabad mint.

SaorAlba · August 1, 2010 9:54PM

The reason your searches didn't turn out well is that they were the Mugal rulers, not Mogul.

AUandAG · August 2, 2010 12:36AM

<< <i>The reason your searches didn't turn out well is that they were the Mugal rulers, not Mogul. >>

Thanks, spelled it three different ways as it depends where you are in the world as to how it is spelled.
Mogol, mugol and mugal. So, did you have a reference that I missed? Or are you just trying to be
helpful?

thanks,
bob

CIVITAS · August 2, 2010 2:08AM

Should weigh just under 11 grams. These are easily found in near mint state and trade for about $500-$600 in that grade.

The coin photographed is basically bullion value.

CIVITAS · August 2, 2010 3:00AM

FWIW the spelling is Mughal.

The attribution on the coin may not be correct, though I suspect the value answer is still the same. I'll see if I can find anything to the contrary.

CIVITAS · August 2, 2010 3:27AM

I believe this is the correct attribution:

India
Mughal Empire

Gold Mohur of Shah Alam II AH1174-1221/1759-1806 A.D.

Struck in Regnal Year 21 (AH 1193/4).

Shajahanabad Mint (The little umbrella looking thing is a mintmark).

These mintmarked examples tend to bring a little more in high grades, but in this low of a grade, I don't know if it equates to much of a premium over melt.

SaorAlba · August 2, 2010 3:31AM

<< <i>FWIW the spelling is Mughal.

The attribution on the coin may not be correct, though I suspect the value answer is still the same. I'll see if I can find anything to the contrary. >>

Mugal, Moghal, Mogul, Mogol, Mongolian...

AUandAG · August 2, 2010 3:42AM

Just found this in the same container as the coin. Perhaps they go together?

AUandAG · August 2, 2010 3:44AM

Thanks all, It appears I was mislead by the certificate and
the owner's information. Now only to find the coin that goes
with the cert too!
bob

SYRACUSIAN · August 2, 2010 6:57AM

It's an interesting piece, but not as uncommon as most collectors would think it is. Certainly a great piece of history, but I'd take Civitas' word for its value.

What is the value of such a gold coin as this?

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