2645

MADRAS PRESIDENCY: AE cash (1.29g), 1731, PCGS VF30

Currency:USD Category:Coins & Paper Money / Indian Coins - Colonial Start Price:30.00 USD Estimated At:50.00 - 75.00 USD
MADRAS PRESIDENCY: AE cash (1.29g), 1731, PCGS VF30
CURRENT BID
0.00USD+ applicable fees & taxes.
ENTER YOUR MAXIMUM ABSENTEE BID[?]
You must bid at least
30.00USD
USD
30.00 x 1 unit = 30.00USDApplicable fees & taxes are added at checkout.
[?]Live Online Auction Starts In 2026 May 16 @ 10:00 (UTC-07:00 : PDT/MST)
DAY 3 + 4 PHOTOS - We are aware that many of the lots on Day 3 and 4 are still missing photos. We will be adding those in the next few days. Thank you for your patience.

SPENDING LIMITS - If you need a higher spending limit please email us at payments@stevealbum.com

BUYER'S PREMIUM - The Buyer's Premium is $20 per lot or 20% of the hammer price, whichever amount is greater.
MADRAS PRESIDENCY: AE cash (1.29g), 1731, KM-302, East India Company issue, balemark on reverse, PCGS graded VF30. Soon after its creation, the United East India Company began to use a balemark, which identified its products as they arrived in busy ports or were sold on the trading floor. Initially a simple mark, this evolved by the 1700s into a heart shaped figure (denoting good luck) surmounted by a figure 4 (symbolizing Agnus Dei - 'Lamb of God') and containing the initials of the company, VEIC, with the letter U Latinized. This symbol became known as "the chop", a word derived from the Hindi word 'chap', which means stamp. From the late 17th century to the early 19th century the exchange rate was 80 cash equaling 1 fanam, with 36 fanams equaling 1 pagoda.