03E 1/2 Rupee (1862-1947) Year/Mint
1938(B)
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Coin Details
| Origin/Country: |
INDIA - BRITISH |
| Item Description: |
1/2R 1938(B) |
| Full Grade: |
NGC MS 64 |
| Owner: |
Amit Srivastava |
Owner Comments:
Mintage: 2,200,000
Engraver: Percy Metcalfe (14 January 1895 – 9 October 1970), was an English artist sculptor and designer. He is recognized mostly for his coin designs and his contribution to the Ashtead Pottery Collection.
After the death of King George V his son, King Edward VIII became the King, but abdicated before the coronation. No coins were minted using his portrait. His younger brother the Duke of York was crowned as King George VI in May 1937 and the first coin of India with his effigy was minted in 1938.
After the outbreak of World War II in 1939, the price of silver started going up, in practice the silver coins became valuable then the value written on them. This led to reducing the use of silver in coins from 0.917 to 0.500 silver.