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1 Rupee - George VI Sterling Proof Issue

Issuer India - British
Year 1940
Type Non-circulating coin
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Obverse lettering GEORGE VI KING EMPEROR
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Mintage 1940 - Possibly Unique
Additional information

The 1940 proof rupee sits at an awkward moment in Indian monetary history: within two years, wartime silver shortages would force the British to abandon sterling silver for the rupee entirely, switching to a debased .500 fineness in 1942. This piece was struck just before that threshold, making it one of the last proof rupees produced to the old colonial silver standard that had defined the coin since the nineteenth century.

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