Top 12 Most Expensive Rare Mughal Coins In The World

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Mughal Coins

Find The Auction Prices Of the Most Expensive Mughal Coins

Mughal coins, with their intricate designs and historical significance, have always fascinated collectors and numismatic enthusiasts. Among the vast array of Mughal coins, there exists a select few that are exceptionally rare and highly sought after. In this blog post, we will embark on a journey to explore the rarest Mughal coins. Unveiling their uniqueness and the allure they hold for collectors worldwide.

1. Akbar Mihrabi Gold Mohur

Jalal al-din Muhammad Akbar, introduced innovative changes to Mughal coinage. His AV Mihrabi Mohur, shaped like a lozenge, features inscriptions of “Allah uh Akbar” and “Jal Jallah.” The coin weighs 10.89g and was minted in Agra. Sold for 550,000 CHF (approx. 556,906 USD) in Numismatica Genevensis SA Auction in November 2019. This coin showcases Akbar’s Din-i-Ilahi calendar system, solar-based and divided into twelve months. The mihrabi Mohur’s unique shape represents the niche in a mosque. This specific coin, bearing the invocation “Allahu akbar jalla jalala,” is a rare presentation issue intended for Akbar’s courtiers and holds great significance in Mughal numismatics.

2. Nur al-Din Jahangir Gold Mohur

The Mughal coin, minted during Nur al-Din Muhammad Jahangir’s reign, was sold on January 9, 2018, for a staggering US $390,000 at New York Auction. This gold Mohur, from the Ajmer mint, features a portrait of Jahangir seated left, holding a flower, with the inscription “Upon the gold coin much beauty and ornament the likeness of Shah Nur al-Din Jahangir son of Akbar Padshah.” The reverse showcases a recumbent lion, a radiant sun, and the inscription “Struck in gold this coin at Ajmer the Shah shelter of the Faith. Shah Nur al-Din Jahangir son of Akbar Badshah.”

3. Akbar Rama Sita Gold Mohur

During Akbar the Great’s reign (1542-1605), a unique gold half mohur was struck, blending Hindu and Islamic symbols. It is one of only two known examples. On one side, Hindu deities Prince Rama and Sita were depicted, while the other side featured an Islamic inscription with the Ilahi year 50 (1604-05). This Rama-Sita coin violated Islam’s prohibition on portraying revered figures or objects. In 2019, it was sold for a remarkable sum of CAD 420,000 at Walker’s Auction in Canada.

4. Jahangir Zodiac Series Coin (Ram)

Nur al-Din Muhammad Jahangir, the Mughal Emperor, minted a remarkable AV Mohur coin during his reign. This coin, with a weight of 10.91 grams, features the Zodiac Type, Class A, and was minted in Agra. Dated AH 1030 and RY 16, it showcases the Constellation of Varak/Mesha (Aries the Ram). On the reverse, it bears a Persian verse, stating its origin and AH date above RY date. This exquisite coin, part of the Liddle Type G-73, fetched a staggering price of $200,000 in a New York auction held during the Classical Numismatic Group Triton XXII event on 8 January 2019.

5. Akbar Gold Mohur (Duck)

 Jalal al-Din Muhammad Akbar minted a Gold Mohur, It features a duck design and was struck at the Agra mint. Dated Khurdad Ilahi year 50 (22 May – 21 June AD 1605), this very rare coin depicts a duck standing right on a floral background. The reverse inscription reads “Allahu Akbar khurdad ilahi 50 zarb Agra” in Persian. It was sold at an impressive price of 170,000 USD in January 2016. 

6. Jahangir Gold Mohur (Virgo)

Jahangir, ruler of the Mughal Empire, minted a rare Gold Mohur in Agra. The coin, dated AH 1022/8 RY, depicts Shahrewar (Virgo). It showcases intricate designs and a superb strike. This coin is exceptionally rare and holds historical significance. Jahangir’s experiments with coinage, including weight standards and ornamental borders, added to the beauty of his coins. This particular mohur, with delicate calligraphy in Thuluth style, resembles the ornate panels of the Taj Mahal. It is larger in size and likely minted for a special occasion. It was Sold in February 2019 at the whooping Price of USD $ 155,000

7. Zahir al-Din Muhammad Babur Gold Mohur

Considered one of the rarest Mughal coins, this gold mohur was minted by Emperor Babur, the founder of the Mughal Empire. It recently sold at an online auction in 2019 for a staggering $1.5 million. This coin, predating the battle, reflects the influence of the Timurids and Shaybanids, who rarely struck gold coins. A unique coin, one of the only dated gold coins of Babur, predates the establishment of Mughal coinage.

8. Jahangir Zodiac Series Coin (Pices)

In November 2016, a Mughal gold mohur stole the spotlight at St. James’s Auction in London. The coin, part of a Zodiac series, sold for £120,000 ($148,088 U.S.). The reverse of the mohur displays two carp fish, representing the Pisces sign. Issued around 1619 in Agra, India, by Nur al-din Muhammed Jahangir, this coin is part of a renowned series showcasing Zodiac calendar symbols.

9. Jahangir Zodiac Series Coin (Leo)

Jahangir, the fourth Mughal emperor, introduced a series of zodiac coins depicting the twelve signs of the zodiac. These Mughal coins are highly sought after by collectors due to their intricate designs and limited availability. The latest sold price for a Jahangir zodiac coin was recorded at an auction in Mumbai in 2022, where a Leo coin sold for approximately $50,000.

10. Shah Jahan Gold Mohur

Shah Jahan, renowned for his architectural masterpiece, the Taj Mahal, also minted rare gold mohurs. These Mughal coins, known for their exceptional artistry, command high prices in the market. In a recent auction held in New York in 2021, a Shah Jahan gold mohur fetched an impressive price of $85,000, highlighting the enduring allure of these coins.

11. Shah Alam II Nazrana Gold Mohur

One of the rarest Mughal coins is the 1782 Shah Alam II Mohur. This gold coin, minted in Shahjahanabad (present-day Delhi), is highly sought after by collectors. In 2019, a well-preserved specimen of this coin was sold at a prestigious auction for a staggering price of $60,000, showcasing its immense numismatic value.

12. Kam Baksh Gold Coin

Kam Bakhsh’s rare gold coin was sold at IND 56,000 lakh by an online Auction. These coins hold immense significance for various mints, including Bijapur and Ahsanabad. This auctioned coin’s combination is unique and singularly recorded. 

As we conclude our captivating journey through the world of Mughal coins, we have witnessed the extraordinary value and allure of these rare treasures. From the founding emperor Babur to the last ruler Bahadur Shah II, each Mughal coin tells a unique story of history, artistry, and human ingenuity. The prices fetched at auctions serve as a testament to their desirability and the passion of collectors worldwide. These elusive numismatic gems continue to intrigue and enchant. And preserving the legacy of the magnificent Mughal Empire for generations to come.

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