George 4th king quarter rupee old coin from the year of 1939

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Location

  • Irattayal BPL Koottupatha
  • Palakkad (Kerala)
  • India
April 13, 2019 Kerala (India) Share

Description

After the death of King Edward five his son,King Edward eight became the king,but abdicated before the coronation.No coins were minted using his portrait.His younger brother the Duke of York was crowned as King George seven in May 1937 and the first coin of India with his effigy was minted in 1938.After the outbreak of World war 2 in 1939,the price of silver started going up, in practice the silver coins became valuable then the value written on them.This led to reducing the use of silver coins.The 1940 1/4 -Rupee,1/2 Rupee and one Rupee coins were reduced from 0.917 silver to 0.500 silver(there were a limited numbet of 1939 Rupees minted in 0.500 silver)
Now I have Quarter Anna It's a rare antique piece..
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Categories
Rare Coins (Fee ₹ 25)
Id
#8886
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44
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150000.00 ₹

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