Category Archives: India

PCGS Certifies Indian Capricorn Zodiac Mohur Gold Coin

By Jay Turner for PCGS …… India Mughal Empire Zodiac Mohur AH1033//18 (1624) KM-180.19 Capricorn PCGS AU53. Images courtesy PCGS Of the many great coins and rarities from India, the Zodiac series of the Mughal Empire is one that is beloved and cherished by numismatists and collectors today. The coins were issued to incorporate the […]

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The Last Coinage of Portuguese India

By Jay Turner for PCGS …… Throughout the long and complicated history of Colonial India, Portugal had the longest span of all the European colonizers. Beginning as early as 1498, colonial rule by Portugal continued in India until 1961 — a full 13 years past 1948, when British colonial control famously ended and India became […]

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Problems with China and India Gold Statistics

By Patrick Heller
In last week’s column, I detailed various ways that official and unofficial reports of precious metals data (supply, demand, inventories, trading volume, etc.) are either kept secret, is misreported or is skewed so as to be misleading. This column was so popular that it was more widely linked at other websites than most of my articles

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Extremely Rare Gold Coins of the Mughal Emperor to be Offered at Spink USA

Two rare gold coins of the Mughal emperor Jahangir are on offer at the Spink USA sale at the New York International Numismatic Convention (NYINC), at the Grand Hyatt Hotel on January 19. Lot 264 is a Mohur depicting an image of taurus the bull, struck at Agra mint (estimate $80,000-100,000). This is an extremely […]

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NGC-Certified 400-Year-Old India Gold Coin Realizes $383,000

A 400-year-old Mughal Empire India gold coin certified by Numismatic Guaranty Corporation® (NGC®) realized $504,000 CAN (about $383,000 USD) on December 11, 2019. The extraordinary sum was more than double the pre-sale estimate of $150,000 to $250,000 CAN (about $114,000 to $190,000 USD). The price realized includes a 20% buyer’s premium. The 1605 Mughal Empire […]

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CoinWeek Ancient Coin Series: Coinage of the Guptas

By Mike Markowitz for CoinWeek ….. IN INDIA’S LONG HISTORY, the Gupta Empire (c. 319 – 550 CE) is remembered as a golden age of art, literature, science, and culture. Economically it was truly a golden era; Gupta kings issued a flood of beautiful gold dinaras – coins that reflected the prosperity created by the […]

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Between Text and Objects: Ancient Coins and the “Periplus of the Erythraean Sea”

The American Numismatic Society Presents a Lecture with Dr. Shailen Bhandare on Tuesday, December 10, 2019: Between Text and Objects: Coinage and the “Periplus of the Erythraean Sea”   The Periplus is a Hellenistic Greek text that provides fascinating details and insights into the trans–Indian Ocean trade in the first century CE. Among its many […]

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NGC, PMG Grading On-Site in India for the First Time in April 2020

Numismatic Guaranty Corporation®  is pleased to announce that it will conduct on-site grading in Mumbai, India, in April 2020. This is the first time that NGC, a leading third-party grading service for coins, tokens, and medals, has offered on-site grading in India. The Numismatic Guaranty Corporation India on-site grading event will be held in April […]

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NGC, NCS and PMG Appoint Marudhar Arts an Official Submission Center in India

The Certified Collectibles Group® (CCG®) has appointed Marudhar Arts an Official Submission Center in India. CCG’s independent member companies include Numismatic Guaranty Corporation® (NGC®), Numismatic Conservation Services™ (NCS®), and Paper Money Guaranty® (PMG®). Marudhar Arts is one of India’s leading numismatic dealers and auctioneers. It was founded in 1966 by Mr. Prem Ratan Maru and […]

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NGC, NCS and PMG Appoint Marudhar Arts an Official Submission Center in India

The Certified Collectibles Group® (CCG®) has appointed Marudhar Arts an Official Submission Center in India. CCG’s independent member companies include Numismatic Guaranty Corporation® (NGC®), Numismatic Conservation Services™ (NCS®), and Paper Money Guaranty® (PMG®). Marudhar Arts is one of India’s leading numismatic dealers and auctioneers. It was founded in 1966 by Mr. Prem Ratan Maru and […]

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CCG Announces Major Coin, Paper Money Certification Initiatives in India

The Certified Collectibles Group® (CCG®) has announced major initiatives in India, the world’s second-most populous country with more than 1.3 billion people. CCG’s independent member companies include Numismatic Guaranty Corporation® (NGC®), Numismatic Conservation Services (NCS®), and Paper Money Guaranty® (PMG®). CCG has appointed Peacock Bloom Numismatic, LLP (Peacock Bloom), an Official Submission Center to NGC, […]

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Precious Metals & Bullion News: Press, Public Criticize India Gold Scheme

By Everett Millman – Gainesville Coins …… About five years ago in India, the newly-elected government of Prime Minister Narendra Modi continued with the previous administration’s new legal measures designed to ease the imbalance of gold flows into the country. Demand from Indian households (many of them rural farmers) brings hundreds of tons of gold across […]

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Gold & Precious Metals News – India May Loosen Rules On Bullion Banking

By Everett Millman – Gainesville Coins …… India is routinely the world’s leading country in terms of annual gold demand. Collectively, the Indian public holds an astounding amount of physical gold—over 20,000 metric tons, by most estimates! For context, that’s more than double the gold reserves of the United States, which is itself more than double […]

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Gold in Waters Around Indian Peninsula?

Researchers speculate that Ocean Mud contains Gold surrounding the Indian Peninsula By Everett Millman – Gainesvillecoins.com …… In India, a country already so hungry for gold, there may be a new source of precious metals to meet the public’s seemingly insatiable desire for the yellow metal. The catch? It’s effectively at the bottom of the […]

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2017 India Gold Imports Already Exceed 2016

By Everett Millman – Gainesvillecoins.com …… For generations, India has been known as one of the world’s primary sources of gold demand. However, last year its gold imports fell off considerably due to a variety of new policies by the Indian government regarding gold ownership, taxation, and even the supply of paper money in the […]

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2017 India Gold Imports Already Exceed 2016

By Everett Millman – Gainesvillecoins.com ……   For generations, India has been known as one of the world’s primary sources of gold demand. However, last year its gold imports fell off considerably due to a variety of new policies by the Indian government regarding gold ownership, taxation, and even the supply of paper money in […]

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Gold, Rain, and Weddings: India’s Monsoons and World Gold Prices

Even as precious-metals prices continue their downward trend, market watchers continue to affirm their faith in gold as an economic safe-house in an uncertain financial world. The factors at play are numerous; ranking high among them are a tense U

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Precious Metals Market – India Gold Deposits Climb

By Everett Millman – Gainesville Coins ……. The Indian government’s plan to monetize the country’s vast amount of privately-held gold may finally be taking root, little by little. Known collectively as Gold Monetization Schemes (GMS), these various offers for Indian citizens to put their gold to financial use by depositing into an account were not […]

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World Precious Metals – Indian Temple Deposits Gold

By Everett Millman – Gainesville Coins ………. The government of India may have finally gotten a break regarding its attempts to monetize the country’s vast quantities of “idle” gold. While it is estimated that the public in India holds a staggering 20,000 metric tonnes of gold (or more), a considerable portion of these savings are […]

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1944 Palestine Currency Board 5-Pound Banknote Sells for $12,980

By Archives international Auctions….   A Palestine Currency Board £5 note dated 1944 and with rare “F” prefix sold for $12,980 at a sale of U.S. and worldwide banknotes, federal bonds and documents and security printing ephemera held March 10 by Archives International Auctions, in the firm’s offices at 1580 Lemoine Avenue in Fort Lee, […]

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NGC Grades Rare 1897B Gold British Trade Dollar

Numismatic Guaranty Corporation® (NGC) has certified an extremely rare Great Britain 1897B Gold Trade Dollar. Graded NGC PF 61, it is one of only a handful of examples believed to exist and is the only specimen certified by NGC. The prominent United Kingdom auction house Baldwin’s will offer this extraordinary coin as lot 1068 in […]

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