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Numismatic Testimony to the First War of Independence- 1857

Currency:INR Category:Coins & Paper Money Start Price:2,000,000.00 INR Estimated At:2,000,000.00 - 2,500,000.00 INR
Numismatic Testimony to the First War of Independence- 1857
Bareilly, Silver Rupee, 11.07g, struck by Nawab Khan Bahadur Khan during the Revolt at Bareilly, in the name of Shah Alam II, AH 1274/ RY 73 (Plate specimen of KM# 48). Extremely fine, great historical important coin of supreme rarity.
Bareilly erupted in revolt on 31st May 1857, when Indian soldiers mutinied under the command of Bakht Khan and Muhammad Shafi. They choose 80 year old Khan Bahadur Khan, the grandson of the Rohilla chieftain Hafiz Rahmat Khan, as their leader. Khan Bahadur Khan declared his allegiance to the Mughal Emperor at Delhi and assumed the role of the Subahdar and Nawab of Bareilly. He set up a sound civil and military administration, which survived until the British troops quenched the rebellion in March 1858, forcing Khan Bahadur Khan to flee to Nepal. He was captured in December 1759, brought to trial at Bareilly. He was hanged at Bareilly on 24 March 1860.
As part of his civil administration, Khan Bahadur Khan had set up a ‘revenue department’. He decided to strike new coins by setting up a mint, to convert the precious metals he had obtained by way of tribute and plunder into money. The coins were struck by two Goldsmiths namely Ramprasad and Durga Sunar. The coins had legends of Shah Alam II but a curious regnal year ‘73’, which was actually counted from the year in which the Rohillas, under Ghulam Qadir, had controlled Delhi for the last time. The font of legitimacy for Khan Bahadur Khan was thus the reassertion of Rohilla supremacy.
An estimated 5000/ 6000 rupees were said to have been struck at Bareilly in this short period. The coins remain exceedingly rare with only a few pieces extant in private hands. This coin offers a great opportunity to possess an historical object directly related to a seminal event of great magnitude, which came to bear on the entire course Indian History in the century that followed it.
Present coin is a numismatic testimony to the First War of Independence- 1857.