2620

BRITISH INDIA: bronze medal, 1792, choice glossy surfaces, finest graded, PCGS MS65

Currency:USD Category:Coins & Paper Money / Coins: Ancient Start Price:750.00 USD Estimated At:800.00 - 1,000.00 USD
BRITISH INDIA: bronze medal, 1792, choice glossy surfaces, finest graded, PCGS MS65
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BRITISH INDIA: bronze medal, 1792, Pud-792.1.1, Eimer-845, 47mm, Charles, the Marquis Cornwallis (1738-1805), on the Defeat of Sultan Tippoo [Tipu] of Mysore, medal by C H Küchler: uniformed bust of Cornwallis left // Cornwallis receives the sons of Sultan Tippoo as hostages, PCGS graded MS65.

Gem uncirculated, of light reddish color and with choice glossy surfaces. The single finest graded by either PCGS or NGC by two grades and RARE this choice.

The Third Anglo-Mysore War (1789-1792) ended in defeat for Tipu Sultan. After about two weeks of siege at Srirangapatna, Tipu opened negotiations for terms of surrender. In the ensuing treaty, he was forced to cede half his territories to the allies, and deliver two of his sons as hostages until he paid in full three crores and thirty lakhs rupees fixed as war indemnity to the British for the campaign against him. He paid the amount in two installments and got back his sons from Madras.