Rajgor's Auction (Real-time Online Auction) on Sunday 14th April 2024

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AUC#41 - Lot 190 : Silver
Independent Kingdom

Madansinghji (26th Feb. to 1st June 1948) Silver, 13.93 g, 33 mm, Nazarana Jai Hind 5 Koris, VS 2004 (= AD 1948), issued on the accession of the ruler and the ascension of Kutch State to the Dominion of Independent India. Obv: Name and title of the last ruler along with denomination, mint name and VS year 2004, Bhuj mint. The reverse has the famous Fort of Bhujia, after whom the name of the city of Bhuj has appeared, along with salutation in Nagari, Jai Hind (Hail India) for the newly formed country (Rajgor# DR 276.1). UNC with luster, Extremely Rare. This coin is an original royal coin issued in the Independent India in 1948. This is the last issue of the last ruler of Kutch State that was later merged in the Indian Union. On 1st June 1948, the administration was transferred to the Government of India. At the time of integration of this Princely State with India in 1947, the accession was done on the condition that Kutch would retain the status of a separate state. It enjoyed this status till 1960, when a separate state of Gujarat was carved out of the erstwhile Bombay Presidency and Kutch was merged with it. Kutch was a 17 Gun Salute State (19 Guns Local) under the British and post independence, the Maharao was eligible for a Privy Purse of Rs. 8 Lacs per annum.

Estimate : ₹. 100000 - 110000

Realized Value 100000

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