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Sr. No. 68 | Year 7 | Issue 4 | April 1, 2015 | Pg. 8 | ` 35 | Editor: Dr. Dilip Rajgor

ISSN 0975-8062

Your Complete Monthly Newspaper for Coins, Antiques, Collectibles, Paintings & Visual Arts
Reesha Books International, Rajgor’s, 6th Floor, Majestic Shopping Center, Near Church, 144 J.S.S. Road, Opera House, Mumbai 400004
Tel 022-3394 9331 • 022-23820 647 • Cell +91- 773838 4585 • info@rajgors.com • www.NGSofIndia.com • www.Rajgors.com

2nd
COINFestival
29-30-31 May AHMEDABAD 2015
Sardar Patel Seva Samaj, Off C.G. Road, Navarangpura, Ahmedabad
Highlights of the Coin Festival:
? Exhibition of Coins and Paper Money of Gujarat;
? Release of the Book by Dilip Rajgor - Standard Catalogue of Coins of Kutch State
including Dies, Paper Currency, Tokens, Medals, Badges and Fiscal Stamps;
? Lectures on Numismatics;
? Felicitation of Scholars and Senior Collectors;
? Release of Special Cover on Coins by Department of Posts, Gujarat Circle;
? Auctions of Coins;
? Trade Stalls to purchase and sell coins & numismatic items; and
Many more ...

Stall Charges:

For Stall Bookings Contact:

Shikha - 09594 647 647 / 098692 82585
Sr. No. 68 | Year 7 | Issue 4 | April 1, 2015 | Pg. 2 of 8
Sr. No. 68 | Year 7 | Issue 4 | April 1, 2015 | Pg. 3 of 8
 Numismatics as a Source of Investments (VII)
By Sandeep Shah
Dear Friends,

In the last News Letter we had managed to understand " Selling your Collections ".

As Appraisal of Collectibles is an integral part of planning, there are many factors that
are significant in the appraisal of coins and other Collectibles. To name a few are Authenticity,
Physical Condition/Grade, Value and any Restoration Performed. Through this News letter I
want to focus on the assessment , evaluation, estimation, rating and judgement of the coins
collected/to be collected. In all, how we can have our collection appraised.

Evaluation : When a appraiser/dealer arrives, show them your updated written

inventory document, with all the supporting documentation & allow him to add his valued
opinions to it. A physical inspection will also help in creating a notoriety appraisal document.
This preparation also will save your time and money

Judgement : An appropriate appraiser/dealer is most important in the selection. As

certain dealers are specialist in their respective fields and subjects of coinages. As their
opinions on the authenticity and desirability are given more weight then the opinion of more
generalised appraiser. As they can help in report more recent comparable sales to support their
opinion. For eg, A Master in British India Coinages may fail to acknowledge Mughal or
Sultanate coins.

Estimation : Catalogs, specialised books of dealers price list & hobby periodicals will
help you determine value of the coin collection. One should use the current editions do such
price guides. The price that an item may have sold for in an auction may have been a result of a
rigged sale or a mere bidding duel. The appraiser must analyse the reference material &
recognise and make adjustments for misleading entries.

Assessment : Like anything else, the value of a coin depends on demand, age & rarity.
Another important fact is the coin condition/grade. For eg, there is a great difference in the
value of a coin that is in the Mint condition & a similar coin that is only in a Good grade
condition.

Rating : Catalogs usually establish a category of coins based on their physical

condition - Mint, Uncirculated, Extremely Fine, Very Fine, Fine, Very good or Poor. With
different valuation for each category.

I will further elaborate on the topics in my future news letter under the name " Having
your Collection Appraised "

Sr. No. 68 | Year 7 | Issue 4 | April 1, 2015 | Pg. 4 of 8

 Rajgor’s Auction 35
Highlights of Rajgor’s
Academy | Auctions | Books | Certification
1 Rupee i-Auction

Lot 5 Lot 13
Estimate: ` 1-100 Estimate: ` 1-100
Sold: ` 13,300 Sold: ` 8,200
Punch-marked Coins, Imperail Magadha under the Satavahanas, Gotamiputra Satakarni (2nd century AD),
Mauryas (3rd century BC), Silver, Karshapana, 5 symbol Silver, 2.30 g, Portrait type, portrait of the ruler to right
type and Brahmi legend around on obv

Lot 42 Lot 87
Estimate: ` 1-100 Estimate: ` 1-100
Sold: ` 56,500 Sold: ` 3,800
Akbar, Gold, 10.73 g, Mohur, Agra mint, Kalima type, Sayaji Rao III, Silver, 1 Rupee, Small Flan type, VS 1952,
mint at bottom on rev, AH 980. Very Fine+ Baroda mint, portrait type. Very Fine+.

Lot 125 Lot 200

Estimate: ` 1-100 Estimate: ` 1-100
Sold: ` 3,800 Sold: ` 3,900
Mahabat Khan II, Silver, Kori, Shri Diwan type, AH 1293, William IV, Silver, Rupee, Bombay mint, 1835, no
VS 1932, Junagadh mint. About Extremely Fine. initials, B / II / 20 berries, bud leaves, Very Fine
(cleaned).

Lot 202 Lot 230

Estimate: ` 1-100 Estimate: ` 1-100
Sold: ` 1,800 Sold: ` 2,700
Victoria Queen, Continuous Legend, Silver, Rupee, Edward VII, Silver, ½ Rupee, Calcutta mint, 1906, no
Calcutta mint, 1840, English head completely modified mm, About Very Fine.
features, 35 berries, Crescent, Very Fine (cleaned).

Sr. No. 68 | Year 7 | Issue 4 | April 1, 2015 | Pg. 5 of 8

 Lot 237 Lot 242
Estimate: ` 1-100 Estimate: ` 1-100
Sold: ` 3,800 Sold: ` 3,300
Edward VII, Silver, 2 Annas, Calcutta mint, 1910, no mm, George V, Silver, ½ Rupee, Bombay mint, 1917, dot,
UNC. UNC.

Lot 251 Lot 370

Estimate: ` 1-100 Estimate: ` 1-100
Sold: ` 3,600 Sold: ` 2,600
George V, Cupro-nickel, 2 Annas, Bombay mint, 1918, 10 Rupees, Silver, 1970, Food For All Series, Bombay
dot, UNC. mint, Diamond Dot mint mark. Extremely Fine+

Lot 371 Lot 378

Estimate: ` 1-100 Estimate: ` 1-100
Sold: ` 2,500 Sold: ` 2,900
1 Pice, Bronze, 1954, Hyderabad mint, Vertically Split France, Napolean III, Silver, 5 Francs, portrait on obv,
Diamond Mint mark, Horse type. Very Fine+ Arms on rev, 1868. Very Fine.

Lot 390 Lot 391

Estimate: ` 1-100 Estimate: ` 1-100
Sold: ` 10,100 Sold: ` 4,300

50 Rupees Fancy Number Set of 50 Rupees Fancy Number Set of

10 Notes, Signed by Y V Reddy, 9 Notes, Signed by Y V Reddy,
Serial Numbers: 100000, 00000, S e r i a l N u m b e r s : 111111 ,
200000, 300000, 400000, 222222, 333333, 444444,
500000, 600000, 700000, 555555, 666666, 777777,
800000, 900000, and 1000000. 888888, and 999999. All
The last note is the Last in the Brilliant UNC. 9 notes
series with 10 Lakh Serial
Number. All Brilliant UNC. 10
Notes.
Sr. No. 68 | Year 7 | Issue 4 | April 1, 2015 | Pg. 6 of 8
 Calendar of Events 2015-16
Month Date Place Event Venue
April 4 Internet Rajgor’s i-Auction 35 1 Rupee Auction, 3:00 pm onwards over the Internet
April 17-19 Mumbai Shukla Day Coin Fair World Trade Centre, Mumbai
May 1-3 Hyderabad Hyderabad Stamps, Heera Hall, Near Taj Mahal Hotel, Abids Road,
Coins & Notes Fair 2015 Hyderabad - 500 001
May 29 Ahmedabad Rajgor’s Auction 36 7:00 pm, Sardar Patel Seva Samaj, Off C.G. Road, Navarangpura
May 30 Ahmedabad Rajgor’s Auction 37 7:00 pm, Sardar Patel Seva Samaj, Off C.G. Road, Navarangpura
May 29-30-31 Ahmedabad 2nd Coin Festival Ahmedabad 2015 By Rajgor’s at Sushilaben Ratilal Hall, CG Road, Navarangpura
August 7-9 Ahmedabad Ahmedabad Coin & Currency Fair The Comfort Inn President, CG Road, Navarangpura, Ahmedabad
September 4-6 Coimbatore Coimbatore Coin Stampex 2015 Kamalam Duraiswamy Hall, Coimbatore, Tamil Nadu
September 18-20 Ernakulam Kerala Coin Expo 2015 Town Hall, Near North Railway Station, Ernakulam, Kerala-682018.
October 16-18 Mumbai Mumbai Coin & Philately Fair 2015 World Trade Centre (Mumbai Coin Society)
December 3-4-5-6 Goa 3rd Coin Festival Goa 2015 By Rajgor’s at Goa Kala Academy, Panji, Goa
January 8-10 Nashik Nashik Rare Fare 2016 Indraprashtha AC Hall, Old Gangapur Road, Nashik 2

Anti Forgery Bureau of NGS

The NGS is receiving daily, hundreds of coins and bank notes for grading and certification. This includes not only genuine items but
also modern forgeries meant to fool collectors. These are sent to us for authentification. But as you very well know, such forgeries are
Never Certified and Graded by the NGS. Here are some more of them. (Rajgor)

NGS No. 2140000-028422 NGS No. 2150000-028479

Authority: British India Ruler: George V Authority: British India Ruler: Victoria Empres
Specs: CN ?, 7.70 g, 26.26 mm Edge: Plain Specs: Silver ?, 11.64 g, 30.70 mm Edge:Milled
Denomination: 8 Annas Year: 1920 Denomination: Rupee Year: 1897

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Sr. No. 68 | Year 7 | Issue 4 | April 1, 2015 | Pg. 7 of 8

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Gullak • ISSN 0975-8062 • Edited by Dr. Dilip Rajgor. Published, Printed & Owned by Parul Rajgor and published from
Reesha Books International, Rajgor’s, 6th Floor, Majestic Shopping Center, Near Church, 144 J.S.S. Road, Opera House, Mumbai 400004
Tel 022-3394 9331 • 022-23820 647 • Cell +91- 773838 4585 • info@rajgors.com • www.NGSofIndia.com • www.Rajgors.com