NGC-certified Coins and PMG-certified Notes Offered in Marudhar Arts Auction

A superb selection of coins certified by Numismatic Guaranty Company® (NGC®) and notes certified by Paper Money Guaranty® (PMG®) is being offered in a Marudhar Arts sale. Online bidding for the auction, which is focused on rarities from India, is already underway for Marudhar's Floor & Real-Time Live Auction #43, which will be held February 24, 2024.

The top NGC-certified lot in the sale is an India 1878(C) Half Rupee graded NGC MS 63 (lot 476), which has an estimate of INR 500,000 to INR 700,000 (about $6,000 to $8,400). This Indian rarity dates to the late 1800s, when the country was still colonized by Great Britain. The obverse features a bust of Queen Victoria, with the words "Victoria Empress" alongside her depiction. The reverse shows an intricate filigreed design around simple, bold lettering that reads, "Half Rupee, India, 1878." There are only 33 examples of this coin in the NGC Census, with a mere three graded higher.

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Meanwhile, a top PMG-certified lot in the sale is a Portuguese India, Banco Nacional Ultramarino 1959 60 Escudos graded PMG 66 Gem Uncirculated EPQ (lot 651), which has an estimate of INR 65,000 to INR 75,000 (about $800 to $900). The front of this note shows a portrait of Afonso de Albuquerque, who served as the second viceroy of Portuguese India from 1509 to 1515. The reverse shows another image of Albuquerque in the foreground looking at a fleet of his ships at sea in the background. There are only six examples of this particular note listed in this grade in the PMG Population Report, with only one graded higher.

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Other NGC-certified highlights in the auction include:

• an India 1849-dated Half Rupee Silver Restrike Pattern graded NGC PF 64 (lot 474), which has an estimate of INR 400,000 to INR 500,000 (about $4,800 to $6,000)
• an India 1880C Half Rupee graded NGC VF 30 (lot 479), which has an estimate of INR 250,000 to INR 300,000 (about $3,000 to $3,600)
• an India AH1325/41 Hyderabad Ashrafi graded NGC MS 64 (lot 347), which has an estimate of INR 250,000 to INR 300,000 (about $3,000 to $3,600)
• an India AH1348/19 Hyderabad Ashrafi graded NGC MS 64 (lot 353), which has an estimate of INR 170,000 to INR 200,000 (about $2,000 to $2,400)
• an India (1923) Cooch Behar Half Rupee graded NGC MS 62 (lot 271), which has an estimate of INR 150,000 to INR 200,000 (about $1,800 to $2,400)

Other PMG-certified highlights in the auction include:

• a pair of India, Reserve Bank 2013-16 10 Rupees (one with a Solid-9 Serial Number and the other with a Serial Number Error) graded PMG 55 About Uncirculated EPQ and PMG 58 Choice About Uncirculated EPQ (lot 678), which has an estimate of INR 125,000 to INR 150,000 (about $1,500 to $1,800)
• an India / British Administration ND(1917-30) 10 Rupees graded PMG 40 Extremely Fine (lot 627), which has an estimate of INR 90,000 to INR 110,000 (about $1,100 to $1,300)
• an India - Princely States / Hyderabad ND (1938-47) 5 Rupees graded PMG 55 About Uncirculated EPQ (lot 653), which has an estimate of INR 75,000 to INR 85,000 (about $900 to $1,025)
• an India, Reserve Bank ND (1943) 100 Rupees graded PMG 25 Very Fine (lot 642), which has an estimate of INR 75,000 to INR 80,000 (about $900 to $965)
• an India / British Administration 1935 1 Rupee graded PMG 66 Gem Uncirculated EPQ (lot 622), which has an estimate of INR 65,000 to INR 75,000 (about $785 to $900)

Estimates are provided by the auction house. The $ symbol indicates US Dollars.