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India 15 Rupees  1918
India 15 Rupees 1918

Oh, wow. What a gorgeous coin! The British minted this coin for India only in 1918 out of 0.235 troy ounces of gold, the same weight as the British sovereign gold coins. That's where to start the value calculations, with the gold content. Once you have the value due to gold, add more value due to collector appeal.

The value due to gold is 0.235 times the current value of one troy ounce of gold. According to kitco.com, the value of gold today is $1241.53 US dollars per troy ounce. Tomorrow the value will be different; it changes every day, so be sure to look it up. Multiplying 0.2355 x 1241.53 gives $292.38 US dollars gold value.

To the gold value now add a collector premium due to demand from numismatists (coin collectors). Here are some typical premiums:

worn or damaged: add $400 US dollars
average circulated: add $1000
well preserved: add $1800
fully uncirculated: add $2200


It is very important to protect a coin like this from wear and the effects of external elements like humidity, chemicals, and fingerprints. A good way to do this is to have the coin slabbed, that is, mounted in plastic, by a third party grading service. Use only PCGS, NGC, ICG, or ANACS services. Do not use others. Look them up on the Internet.

Coin: 11799 , Genre: Colonizers and Colonies
Requested by: MANOJ JAIN, Tue, 10-Jul-2012 15:59:26 GMT
Answered by: Paul, Sat, 02-Nov-2013 02:04:25 GMT
Reviewed by CoinQuest. Appraisal ok., Wed, 28-Oct-2015 02:42:12 GMT
Requester description: 1918 IT IS 15 RUPEES GOLD COIN WEIGHT 8 GRAMS WITH PHOTO OF KING GEORGE 5 EMPEROR ON ONE SIDE AND 15 RUPEES INDIA ON OTHER SIDE
Tags: india 15 rupees rupee ruppee rupiye gold weight 8 grams gram king george 5 emperor one goldish golden goldenen weighs weights weighed weigh gramm gramos kings rois konigreich konigin geroge stgeorge glorgivs georgius georgvs georgeivs georgious giorgi geroges geogius georg geogivs georgian geor gearge georgivis georgium georger georgia georgvis goerg georgevs georgivs empereur imperaior emperer emperuer emporer emperur emperio emperado emperador empreradur eporor emperator ones circle beads dot circled encircle crrcle cirle circlet ring circles circlr circal citcle encircled ringed circumscibed cirlce circel encircles encircling rings circling cirlces circular cicurling circumscribed beaded period beading pionts point periods dots points bead pearl pearls

  

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Tue, 06-Dec-2016 12:11:31 GMT, unknown: 11017806