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FM20281

15-Rupees, 1918.

India, British India, uniform series, George V (1911-1936), gold 15-Rupees, 1918, 7.98g (Pr. 25; SW 8.1). Extremely fine.

In 1917 permission was granted for a gold Sovereign to be struck in India, dated 1918 with mint mark I, at the rate of 15-Rupees. It was produced by a branch of the Royal Mint established in Bombay.

In 1918 the gold 15-Rupees was authorized for production, with the same weight, size and fineness as the sovereign, and was struck by the Bombay Mint itself although the vast majority of British Indian gold coinage was struck at the Calcutta Mint. The gold 15-Rupees ceased to be legal tender in 1927 and although the mintage figures are higher for the 15-Rupees than for the 1918I Sovereign, the survival rate means that the gold 15-Rupees remains the scarcer coin by far for collectors today.

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