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Coins from India's past auctioned at World Trade Centre

About 60 coin enthusiasts from all over Mumbai attended auction of historic Indian coins. Devanshi Shah reports.

mumbai Updated: Sep 26, 2010 02:21 IST
Devanshi Shah
Devanshi Shah
Hindustan Times

"She’s my second love!" jokes BK Singh while introducing his wife. Seated at the 47th annual Todywalla coins, stamps and notes auction at the World Trade Centre at Cuffe Parade, it was evident who Singh's first love is.

"I've have passed several Saturdays with BK at innumerable coin auctions but I never get tired of them as my husband’s passion for them always wins me over," smiles Sunita Singh.

Sunita was just one of the many wives seated at the auction held on Saturday at the coins, stamps and notes exhibition. Open to the public, about 60 coin enthusiasts from all over the city attended this auction. Held at the back room of the Expo Centre, the auction went on for two hours.

The auction ranged from ancient to medieval coins made of different metals like gold, silver, mint and copper.

A noteworthy coin was a gold Kumaragupta 1, a Gupta Empire gold dinar, which was estimated between Rs 30,000-40,000 and was sold at a price of Rs 3,20,000. The highlight of the auction and the highest bid was made at Rs 3,30,000 for the Akbar Jalal-ud-din gold ½ heavy mohar.

Other major bids included a Chandragupta II Vikramaditya, (c. AD 380-413), gold dinar, which was sold for Rs 80,000. Gold eastern Chalukyas, Rajyabhushana, (c. 11th century), gold pagoda, was another marked auction which went Rs for 1,40,000.

"My father's passion for collecting coins was passed on to me when I was very young. His vast collection of different coins from various countries has always fascinated me and I attend as many of these auctions with him," said Jayant who attended the auction with his father Manish.

First Published: Sep 26, 2010 01:58 IST