450 Réis - Luis I Countermark "Crowned PM" over 1 Rupee /Victoria, Índia

Features

Issuer Mozambique
King Luís I the Popular (1861-1889)
Charles I the Diplomat (1889-1908)
Type Standard circulation coin
Year 1889
Value 1 Rupee (450)
Currency Luiz I (Countermark "PM under Crown", 1889)
Composition Silver (.917)
Weight 11.66 g
Diameter 30.78 mm
Shape Round
Technique Countermarked
Orientation Medal alignment ↑↑
Demonetized Yes
Number
N#
28658
References KM# 41.1,
Tracy L. Schmidt (editor); 2019. Standard Catalog of World Coins / 2001-Date (14th edition). Krause Publications, Stevens Point, Wisconsin, United States.
And 5 more volumes.
Gomes# Lu 09.xx
Alberto Gomes; 2021. Moedas Portuguesas. Associação Numismatica de Portugal, Lisbon, Portugal.

Obverse

Countermarked on India KM#873

Script: Latin

Lettering:
VICTORIA QUEEN
P.M

Engraver: Frederico Augusto de Campos

Reverse

Vegetal patternAutomatically translated

Script: Latin

Lettering:
ONE
RUPEE
INDIA
1874

Comments

According to reports from the colony's government, the value varied from place to place (380 to 450 Réis) and this caused disruption in trade. Even the Banco Nacional Ultramarino notes were subject to a premium.

The countermark "Crowned PM" was instituted by the "NOTICE FROM THE BOARD OF FAZENDA of 05JAN1889".
A box with 40 punches, small anvils and hammers was sent from the Lisbon Mint.
Due to heavy use they quickly became inoperable.
Given the urgency, they were replaced by the stamp "PM" as there were no engravers in the colony that could do a better job (NOTICE FROM THE BOARD OF FAZENDA of 19JAN1889).
The last stamp continued to be used under King Carlos and, traditionally, Portuguese catalogs "arrange" coins with this stamp during the reign of this last king.
Due to its crude manufacture, it was largely counterfeited at the time, and its counterfeiting continues today.

See also

Manage my collection

Please sign in or create an account to manage your collection.

Date VG F VF XF AU UNC
ND (1889)  Lu 09.01 (Rupee/East India Cº/William IIII/1835)
ND (1889)  Lu 09.02 (Rupee/India-Bt/Victoria/1840)
ND (1889)  Lu 09.03 (Rupee/India-Bt/Victoria/1862)
ND (1889)  Lu 09.04 (Rupee/India-Bt/Victoria/1865)
ND (1889)  Lu 09.05 (Rupee/India-Bt/Victoria/1880)
ND (1889)  Lu 09.06 (Rupee/India-Bt/Victoria/1882)
ND (1889)  Lu 09.07 (Rupee/India-Bt/Victoria/1885)
ND (1889)  Lu 09.08 (Rupee/India-Bt/Victoria/1887)
ND (1889)  Lu 09.09 (Rupee/India-Bt/Victoria/1888)
ND (1889)  Lu 09.10 (Rupee/India-Bt/Victoria/1889)

Get this coin

No member from this site currently wants to exchange it.

Numista Rarity index: 93 Search tips
This index is based on the data of Numista members collections. It ranges from 0 to 100, 0 meaning a very common coin or banknote and 100 meaning a rare coin or banknote among Numista members.

Bullion value: USD 8.58 Search tips
This value is given for information purpose only. It is based on a price of silver at 803 USD/kg. Numista does not buy or sell coins or metal.

Contribute to the catalogue

Modify or add data on this page
Register a past auction sale
Register an example of this type
Duplicate this page
Share: Facebook X (Twitter)