LOT Oswal Antiques  /  Auction No. 110- Pune  / 

218

Independent Kingdoms : Marathas

Currency:INR Category:Coins & Paper Money / Indian Coins - Princely States, Maratha & Sikh Start Price:0.00 INR Estimated At:700,000.00 - 800,000.00 INR
Independent Kingdoms : Marathas
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Domains of the Angre Chiefs of Colaba, Anonymous Silver Rupee, 11.15g, with letter “Shri” in both sides, struck at Alibaug (M&W# T2). Very fine, exceedingly rare.
One of the rarest varieties of Maratha coins, the 'Shri' rupee of Alibaug circulated in the territory of the Angrey family, on the Konkan coast south of Mumbai. The Angreys were the hereditary admirals of the Maratha navy, until it was scuttled owing to a feud with the Peshwas. The coin is referred to in the Bombay Gazetteer as the 'Janjira-Colaba' or 'New Alibaug' rupee. The person responsible for its issue was Vinayak Parshuram Biwalkar, the Chief Officer (Diwan or Karbhari) of the Angres, who introduced it in around 1829. It was not at all popular, because of its lower silver contents and ceased to be circulated within a decade. In 1844, the Angre Estates lapsed to the British when permission to succession by adoption was denied.
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