DOCSLIB.ORG

Auctions Oswal-02 Inside

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Auctions Oswal-02 Inside Oswal Antiques’ AUCTIONS Auctioneer of Coins, Bank Notes and Medals Auction No. 2 20th March 2009 - Chennai 55 114 Oswal Antiques’ AUCTIONS Auctioneer of Coins, Bank Notes and Medals Antiques License No. 15 Auction No. 2 20th March 2009 6.00 pm onwards In Conjunction with COINEX 2009 Chennai Organized by the Madras Coin Society at Maharashtra Buiding Trust New No. 64, E.V.K. Sampath Road, Near Jain Temple & Daily Thanthi, Vepery Chennai 600007 Shop No. 2, Chandra Mahal, St. Paul Street, Dadar, Hindmata, Mumbai 400014.India Organized by: Oswal Antiques Buyer's Premium is 10% on the hammer price Girish J. Veera Service Tax does not apply as we do not come under its slab. Shop No. 2, Chandra Mahal, St. Paul Street, Dadar, Hindmata, Mumbai 400014. India By Appointment (11 am to 5 pm) VAT TIN: 27280578593V • CST TIN: 27280578593C Phone: 022-2412 6213, 2412 5204 VAT 1% on Silver and Gold items Fax: 022-2414 9917 4% on Copper items Mobile No: 093200 10483 No VAT on Paper Money E-mail: [email protected] [email protected] Our Bankers: ICICI Bank, Dadar Branch, Mumbai Website: www.indiacoingallery.com Oswal Antiques: A/c No. 003205004383 Design & Layout: Reesha Books International, 022-2561 4360 Rs. 100 ANCIENT COINS HINDU COINS OF MEDIEVAL INDIA 6 Vijayanagara Empire, Copper (18), assorted lot 1 Ancient, Pandyan, Malayaman and Eran, of numerous coins of Garuda, lion and bull types Copper (9), various types, varieties and of a number of rulers. Fine to About Very Fine, denominations of the three dynasties. Fine to Very unwashed, Scarce as a lot. 18 coins Fine. 9 coins Estimate: Rs. 1,500-2,000 Estimate: Rs. 4,500-5,000 7 Vijayanagara Empire, Hari Hara, Gold, Pagoda, 2 Pallavas, Copper, Bull to right on obv and radiate a warrior running to right on obv, Kannada legend sun on rev. Very Fine for the type, Scarce. on rev. About Very Fine, Scarce. Estimate: Rs. 1,000-1,500 Estimate: Rs. 8,500-9,000 3 Pallavas, Copper, Bull to right on obv with 8 Kalachuris of Tripuri, Gangeya Deva, base Brahmi characters above the back of the bull; a Gold, Lakshmi seated on obv; Nagari legend on motif on rev. Very Fine for the type, Scarce. rev. Fine. Estimate: Rs. 2,500-3,000 Estimate: Rs. 4,500-5,000 SULTANATE COINS Delhi Sultanate 4 Satavahana-Feudatory, Lead, 1.75 g, a bull walking to left on obv; crescented six-arched hill on rev. Anonymous, Very Fine, Scarce. Estimate: Rs. 1,500-2,000 9 Muhammad Shah II Khilji, Gold, Tanka, probably Delhi Mint. About Very Fine. Estimate: Rs. 18,500-19,000 5 Vishnukundin, Copper (10), Conch-shell on obv and Lion on rev type. Numerous varieties in Fine to Very Fine, Scarce. 10 coins 10 Tughlaq Shah, Gold, Tanka, mint off flan. About Estimate: Rs. 5,000-6,000 Extremely Fine. Estimate: Rs. 19,000-20,000 3 MUGHAL COINS 11 Tughluq Shah, Gold, Tanka, probably Delhi mint (Rajgor 1091; G&G D301). About Very Fine. Estimate: Rs. 20,000-21,000 16 Akbar, Gold, Mohur, Agra Mint, Kalima type, AH 966. Ex-mount, Fine. Estimate: Rs. 18,000-19,000 12 Muhammad III bin Tughlaq, Gold, Tanka, in the name of Caliph al-Hakim II, NM, ND (Rajgor# 1220; G&G# D440). About Very Fine. 17 Shah Jahan, Gold, Mohur, mint off flan, square- Estimate: Rs. 17,500-18,000 area type, AH 1045. Very Fine. Estimate: Rs. 18,500-19,000 13 Muhammad III bin Tughlaq, Gold, Tanka, in the name of Caliph al-Hakim II, NM, ND, fi-zaman type with double cinquefoil type (G&G# D442). 18 Farrukhsiyar, Gold, Mohur, Farkhanda Fine+. Bunyad Mint, AH Ahad (KM 390.15). Fine+. Estimate: Rs. 17,500-18,000 Estimate: Rs. 18,500-19,000 Malwa Sultanate 14 Nasir Shah, Gold, Tanka, al-wathiq legend, AH 19 Muhammad Shah , G o l d , M o h u r, 914 (Rajgor 3154; G&G M105). Very Fine, Shahjahanabad Mint, Sahib qiran type, AH Scarce. 114x/19. Very Fine+. Estimate: Rs. 20,000-22,000 Estimate: Rs. 18,500-19,000 Sind Sultans 20 Alamgir II, Gold, Mohur, Shahjahanabad Mint, 15 Amirs of Sind, Silver (81), Dirham of 0.5 g each. with title type, RY 2 (465.1). About Extremely Various sultans and numerous varieties of the Sind Fine. Sultans. Fine+ to Very Fine. 81 coins Estimate: Rs. 18,500-19,000 Estimate: Rs. 2,500-3,000 4 COINS OF INDEPENDENT KINGDOMS COINS OF PRINCELY STATES OF INDIA Alwar Mysore 25 Silver (4), Rupee, Mangal Singh, with the name of Victoria Empress, 1880, 1881 and 1882, Bombay Mint; Bikaner, Rupee, Ganga Singh, 21 Tipu Sultan, Copper, Double Paisa, Patan Mint, with the name of Victoria Empress, Bombay Mint, Elephant to right with Persian ba above on rev. A 1892. About Extremely Fine. 4 coins chisel mark on rev, uncleaned, Double struck on Estimate: Rs. 5,000-5,500 rev, Fine+, rare. Estimate: Rs. 6,000-6,500 Baroda 26 Sayaji Rao III, Gold, 1/3 Mohur, VS 1959. Ex- mount, Very Fine+, Scarce. Estimate: Rs. 16,000-17,000 22 Tipu Sultan, Copper (16), Paisa, Patan Mint (4), Nagar Mint (8), Farukhi Mint (2), Faiz Hisar Hyderabad Mint (1) and Fakhyab Hisar Mint (1). Various types and varieties with dates. Fine+ to Very Fine, 16 coins Estimate: Rs. 5,500-6,000 27 Silver (10), Machine Struck Rupees (4); crude ½ Rupees (4); and ¼ Rupees (2). Numerous rulers and dates. All ex-mount. 10 coins 23 Tipu Sultan, Copper (19), ½ Paisa, Patan Mint Estimate: Rs. 4,000-5,000 (13 coins); Bangaluru Mint (2 coins); Nagar Mint (2 coins); and Farrukhyab Hisar and Faiz Junagadh Hisar Mints. Very Fine, Scarce as a lot. 19 coins Estimate: Rs. 4,000-4,500 24 Tipu Sultan, Copper (18), ¼ Paisa, Patan Mint 28 Copper (100), Dokda, Shri Sorath Sarkar and VS (13), Bangaluru Mint (2), Khaliqabad (2) and Date in Nagari on obv and Persian legend, riyasat Faiz Hisar Mint (1). Various types and varieties junagadh yek paisa on rev. Uncleaned with Fine+ with dates. Fine+ to Very Fine. 18 coins to Very Fine+ conditions. 100 coins Estimate: Rs. 2,000-2,500 Estimate: Rs. 700-800 5 Kutch MODERN COINS Indo-French 29 Silver (20), Koris (19) and ½ Kori (1). Various rulers, types and dates. Fine+ to Very Fine+, Scarce as a lot of 20 coins Estimate: Rs. 3,000-3,500 34 Arkat Rupees, Silver (20), in the name of Shah Alam II, Arkat Mint with Crescent Mint mark on Mysore rev. Various dates and RYs. Very Fine to About Extremely Fine, Scarce as a lot. 20 coins Estimate: Rs. 8,000-9,000 Indo-Portuguese 30 Silver (12), Rupee, Mahisoor Mint, in the name of Shah Alam II, crescent mint mark on rev, various dates. Very Fine, Scarce. 12 coins 35 Diu, Copper (17), Atia, various dates in different Estimate: Rs. 6,000-6,500 states of preservation. Uncleaened with original soil. 17 coins Estimate: Rs. 3,000-3,500 31 Gold (23), Fanam, Narasimha Fanams with the figure of Hindu God Narasimha on obv, crude legend on rev. All About UNC, Scarce. 23 coins Estimate: Rs. 9,500-10,000 36 Diu, Lead, 20 Bazarucos, 1777 and 1800. Fine+, Scarce. 2 coins Estimate: Rs. 4,000-4,500 32 Krishna Raja Wodeyar, Copper (17), XX Cash, Elephant to left type (KM 177a, 177b). Fine to Very Fine+. 17 coins Estimate: Rs. 1,500-2,000 37 Diu, Silver, Xerafim, ND. Fine+, Scarce. Estimate: Rs. 2,500-3,000 33 Krishna Raja Wodeyar, Copper (51), Lion type, 20 Cash (20), 10 Cash (6), and 5 Cash (25). 38 Basin, Lead, 10 Bazarucos, initial B on rev. Numerous dates. Very Fine. 51 coins Fine+, Scarce. 2 coins Estimate: Rs. 2,500-3,000 Estimate: Rs. 3,000-3,500 6 43 Mints of Murshidabad: Silver (4), Rupee, in the 39 Carlos, Copper (20), ½ Tanga, various dates. name of Shah Alam II, RY 19, oblique milling, Fine+ to Very Fine. 20 coins Azimabad Patna Mint (Prid 169); Estimate: Rs. 2,000-2,200 Jahangirnagar Dhaka Mint (Prid 163); Calcutta Mint (Prid 157); and Murshidabad East India Company Bengal Presidency Mint (Prid 166). Very Fine+ to About Extremely Fine, Extremely Rare as a set. 4 coins Estimate: Rs. 55,000-57,000 40 Farrukhabad Mint, Silver (2), Rupee, in the name of Shah Alam II, RY 45, Oblique milling, 44 Mints of Murshidabad: Silver (4), ¼ Rupee, in the Minute Dot Mint Mark and Inverted V Mint Mark, name of Shah Alam II, RY 19, oblique milling, Issues of 1806-1819 (Prid 314, 317). Very Fine+, Azimabad Patna Mint (Prid 171); Scarce. 2 coins Jahangirnagar Dhaka Mint (Prid 165); Estimate: Rs. 3,500-3,700 Calcutta Mint (Prid 159); and Murshidabad Mint (Prid 168). Very Fine, Extremely Rare as a set. 4 coins Estimate: Rs. 45,000-47,000 41 Farrukhabad Mint, Silver (4), Rupee, in the name of Shah Alam II, RY 45, Straight Milling, Four types of Mint Marks: Farrukhabad Mint, Dot; Calcutta Mint; Inverted V; Banaras Mint, 45 Calcutta Mint, Silver (2), Rupee, Murshidabad Inverted V with a dot on rev; and Sagar Mint, Mint name, in the name of Shah Alam II, RY 19, without Mint Mark (Prid 318, 320, 323 and 325). straight milling, with and without five-pointed Very Fine+, Scarce. 4 coins Estimate: Rs. 5,500-6,000 star on obv with a broader flan (the first is Prid 172, the second not in Pridmore).
Load more

Recommended publications
  • RESTRICTED WT/TPR/S/403 25 November 2020
    RESTRICTED WT/TPR/S/403 25 November 2020 (20-8526) Page: 1/175 Trade Policy Review Body TRADE POLICY REVIEW REPORT BY THE SECRETARIAT INDIA This report, prepared for the seventh Trade Policy Review of India, has been drawn up by the WTO Secretariat on its own responsibility. The Secretariat has, as required by the Agreement establishing the Trade Policy Review Mechanism (Annex 3 of the Marrakesh Agreement Establishing the World Trade Organization), sought clarification from India on its trade policies and practices. Any technical questions arising from this report may be addressed to Ms Eugenia Lizano (tel.: 022 739 6578), Ms Rohini Acharya (tel.: 022 739 5874), Ms Stéphanie Dorange-Patoret (tel.: 022 739 5497). Document WT/TPR/G/403 contains the policy statement submitted by India. Note: This report is subject to restricted circulation and press embargo until the end of the first session of the meeting of the Trade Policy Review Body on India. This report was drafted in English. WT/TPR/S/403 • India - 2 - CONTENTS SUMMARY ........................................................................................................................ 8 1 ECONOMIC ENVIRONMENT ........................................................................................ 14 1.1 Main Features of the Economy .................................................................................... 14 1.2 Recent Economic Developments.................................................................................. 14 1.3 Fiscal Policy ............................................................................................................
    [Show full text]
  • Elixir Journal
    50958 Garima saxena and Rajeshwari kakkar / Elixir Inter. Law 119 (2018) 50958-50966 Available online at www.elixirpublishers.com (Elixir International Journal) International Law Elixir Inter. Law 119 (2018) 50958-50966 Performance of Stock Markets in the Last Three Decades and its Analysis Garima saxena and Rajeshwari kakkar Amity University, Noida. ARTICLE INFO ABSTRACT Article history: Stock market refers to the market where companies stocks are traded with both listed Received: 6 April 2018; and unlisted securities. Indian stock market is also called Indian equity market. Indian Received in revised form: equity market was not organized before independence due to the agricultural conditions, 25 May 2018; undeveloped industries and hampering by foreign business enterprises. It is one of the Accepted: 5 June 2018; oldest markets in India and started in 18th century when east India Company started trading in loan securities. During post-independence the capital market became more Keywords organized and RBI was nationalized. As we analyze the performance of stock markets Regulatory framework, in the last three decades, it comes near enough to a perfectly aggressive marketplace Reforms undertaken, permitting the forces of demand and delivers an inexpensive degree of freedom to Commodity, perform in comparison to other markets in particular the commodity markets. list of Deposit structure, reforms undertaken seeing the early nineteen nineties include control over problem of Net worth, investors. capital, status quo of regulator, screen primarily based buying and selling and threat management. Latest projects include the t+2 rolling settlement and the NSDL was given the obligation to assemble and preserve an important registry of securities marketplace participants and experts.
    [Show full text]
  • PRACTICE PAPER, 2020-21 (5) Class: XII SUBJECT: ECONOMICS
    PRACTICE PAPER, 2020-21 (5) Class: XII SUBJECT: ECONOMICS (030) Time Allowed: 3 Hrs. Maximum Marks: 80 General Instructions: 1 This question paper contains two parts: Part A – Macro Economics (40 marks) Part B – Indian Economics Development (40 marks) 2 Marks for questions are indicated against each question. 3 Question No. 1-10 and Question No. 18-27 (including two Case Based Questions) are 1-mark questions and are to be answered in one word/sentence. 4 Case Based Questions (CBQ’s) are Question No. 7-10 and Question No. 25-27. 5 Question No. 11-12 and Question No. 28-29 are 3 marks questions and are to be answered 60-80 words each. 6 Question No. 13-15 and Question No. 30-32 are 4 marks questions and are to be answered 80-100 words each. 7 Question No. 16-17 and Question No. 33-34 are 6 marks questions and are to be answered 100-150 words each. 8 Answer should be in brief and to the point and the above word limit be adhered to as far as possible. Q. QUESTIONS Marks No. PART A – INTRODUCTORY MACRO ECONOMICS 1. Which one is not included in the estimation of national income? 1 a) Imputed rent of owner-occupied houses. b) Pension on retirement c) Change in stock d) Remittances by NRIs 2. Money which is accepted as a medium of exchange because of the trust between 1 the payer and the payee. a) Fiat money b) Credit money c) Full bodied money d) Fiduciary money 3. In India, Coins are issued by: 1 a) State Bank of India b) Reserve Bank of India c) Ministry of Urban Development d) Ministry of Finance 4.
    [Show full text]
  • Chapter On« the PR^,SFNT and ANCIF-NT BOUNUARIF.S OF
    ■n',- ‘ ♦ Chapter On« THE PR^,SFNT AND ANCIF-NT BOUNUARIF.S OF KADHYAPRADKSH The word ^^.adhyapr&desh Itself connotes that the region is in the midst of India. It is bounded by iJihar and Orissa on the east, Khandesh and a part of Central India on the west. Central India, on the north and the GodSvari and the PaingangS on the south. Originally the region was not called Madhyapradesh. It is a cluster of different states and was never ruled by one king. Kodern Madhyapradesh was shaped after the advent of the British regime. Today a considerable portion of the country, lying between the laardhff, T5pi and the PaingaAgS is called Vidarbha. ”The Madhyapradesh excluding the districts of Sagar and Jabalpur that is below the NarmadS was included in * Dakshinfipatha^. * Dakshii^Spatha* covered the coun> tries between the NariRadS and the K^fnS. This term was thus applied in the centuries preceding and infflediately following the Christian era." The Aitareya Brfifunaijia describes Bhima, the king of Vidarbha. The region is mentioned in the Jalminlya 3 4 Upanisad BrShmana. The Brhadlranvaka Upanlsad mentions. ^ Kane, P .V ., JASB XXIV, 621. 2 V II.34. 5 11.440. ^ Vedic Index. 11.297. a sage named Vldarbhl Kaundinya. This name is appa­ rently derived from the city of Kundina, the capital of Vidarbha. The Praanopanli^d ^ refers to a sage of Vidarbha named fihSrgava as a contemporary of A^valSyana. The Nasik cave inscription of VSsi^^hiputra Pulumfivi mentions Vidarbha. This is perhaps the earliest epi- graphical reference to Vidarbha. 6 The KahlbhSrata describes it, as an ancient and renowned kingdom in the Deccan with Kun^ina on the banks of the Varadfi as its capital.
    [Show full text]
  • Role of the Fiis in the Development of the Indian Stock Market: an Econometric Analysis
    Journal of Economics, Management and Trade 20(1): 1-14, 2017; Article no.JEMT.38090 ISSN: 2456-9216 (Past name: British Journal of Economics, Management & Trade, Past ISSN: 2278-098X) Role of the FIIs in the Development of the Indian Stock Market: An Econometric Analysis Harshit Agarwal1* and Rashi Agarwal2 1Department of Economics and Finance, Portsmouth Business School, University of Portsmouth, University House, Winston Churchill Ave, Portsmouth PO1 2UP, United Kingdom. 2Department of Finance and Economics, Southampton Business School, University of Southampton, University Rd, Southampton SO17 1BJ, United Kingdom. Authors’ contributions This work was carried out in collaboration between both authors. Author HA designed the study, performed the statistical analysis, wrote the protocol and wrote the first draft of the manuscript. Author RA managed the analyses of the study and the literature searches. Both authors read and approved the final manuscript. Article Information DOI: 10.9734/JEMT/2017/38090 Editor(s): (1) Chiang-Ming Chen, Department of Economics, National Chi Nan University, Taiwan. Reviewers: (1) Jones Osasuyi Orumwense, University of Namibia, Namibia. (2) Sylvester Ohiomu, Edo University, Nigeria. Complete Peer review History: http://www.sciencedomain.org/review-history/22197 Received 10th November 2017 th Original Research Article Accepted 30 November 2017 Published 7th December 2017 ABSTRACT The stock market of a country operates in the economy of that country and the economic conditions of the country affect the stock prices of the stocks listed in the stock exchanges of the country. And it is believed that macroeconomic variables of a country and the stock prices of the stocks listed in the stock exchanges of the country are co-integrated.
    [Show full text]
  • The Cultural Significance of Personal Names in India Has Been Stressed by Previous Writers.^ Elaborate Rules Are Laid Dovm by Different Grhyasutras
    134 The cultural significance of personal names in India has been stressed by previous writers.^ Elaborate rules are laid dovm by different Grhyasutras. There is a great diver­ gence of view as to the time when the child was named. Several times are suggested in the ancient literature and in the sutras and smrtis. It appears from Kane’ s study that the literary data about naming falls into three or four distinct periods such as, (1) Vedic, (2) Sutra, (3) Smrti and (4) Nibandha. Vedic Period In the vedic period a man had at least two names. One of these was supposed to be secret (guhya) known to the parents only. Thus, in the literature of the period he is referred to by two names. One of them was his own name and the other either his gotra name or patronymic or sometimes (rarely) matronymic. When the three names ar& mentioned, the first name was a person’ s ordinary name, the second a derivative from his father’ s name and the last derived from his gotra, e.g. Trasadasyu (his own name), Paurukutsya (son of Purukutsa), 2 Gairiksita (descendant of Giriksita). ^ Kane, P.V ., ’ Naming a Child’ , IHQ XIV, 224-44. Sankalia H.5., 2 Rg V.33.8. 135 SGtra Period Very elaborate rules are given in the Gyhya i>Qtras about naming a child. They may be grouped into three classes : (i) The Aevalayana^ and the Apastamba^ tell us that after or on the 10th day a son should be given a name be­ ginning with (a) Sonant, semi-vowel in the middle and visarga at its end and consisting either of two or four syllables, two for firm position and four, for spiritual glory.
    [Show full text]
  • 70 POLICIES THAT SHAPED INDIA 1947 to 2017, Independence to $2.5 Trillion
    Gautam Chikermane POLICIES THAT SHAPED INDIA 70 POLICIES THAT SHAPED INDIA 1947 to 2017, Independence to $2.5 Trillion Gautam Chikermane Foreword by Rakesh Mohan © 2018 by Observer Research Foundation All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means without permission in writing from ORF. ISBN: 978-81-937564-8-5 Printed by: Mohit Enterprises CONTENTS Foreword by Rakesh Mohan vii Introduction x The First Decade Chapter 1: Controller of Capital Issues, 1947 1 Chapter 2: Minimum Wages Act, 1948 3 Chapter 3: Factories Act, 1948 5 Chapter 4: Development Finance Institutions, 1948 7 Chapter 5: Banking Regulation Act, 1949 9 Chapter 6: Planning Commission, 1950 11 Chapter 7: Finance Commissions, 1951 13 Chapter 8: Industries (Development and Regulation) Act, 1951 15 Chapter 9: Indian Standards Institution (Certification Marks) Act, 1952 17 Chapter 10: Nationalisation of Air India, 1953 19 Chapter 11: State Bank of India Act, 1955 21 Chapter 12: Oil and Natural Gas Corporation, 1955 23 Chapter 13: Essential Commodities Act, 1955 25 Chapter 14: Industrial Policy Resolution, 1956 27 Chapter 15: Nationalisation of Life Insurance, 1956 29 The Second Decade Chapter 16: Institutes of Technology Act, 1961 33 Chapter 17: Food Corporation of India, 1965 35 Chapter 18: Agricultural Prices Commission, 1965 37 Chapter 19: Special Economic Zones, 1965 39 iv | 70 Policies that Shaped India The Third Decade Chapter 20: Public Provident Fund, 1968 43 Chapter 21: Nationalisation of Banks, 1969 45 Chapter
    [Show full text]
  • Appnirbhar Bharat Report
    The Made in India App Landscape Report APPNIRBHAR BHARAT 1 2 APPNIRBHAR BHARAT Message from Shri Ravi Shankar Prasad Union Minister for Law & Justice, Communications and Electronics & Information Technology, Government of India APPNIRBHAR BHARAT 3 Foreword Over the past few years, India has undergone a rapid transformation into a digitally empowered society. With a digital population of over 600 million, India is today ranked the world’s second-largest online market. The country’s startup ecosystem has also grown to become the third- largest globally, with its entrepreneurs and tech innovators Shradha Sharma building lasting solutions to solve for not only India, but also Founder & CEO, for the world. YourStory India is also the top country in the world in terms of the number of apps installed and used per month. India’s app ecosystem has, in fact, never been in a greater position of strength, thanks to the renewed enthusiasm and vigour among Indian techies, innovators, and entrepreneurs to build from India, for India and the world. When Prime Minister Narendra Modi recently raised the clarion call for India to become ‘vocal for local’ and Aatmanirbhar, or self-reliant, he also put the spotlight on the need for an ‘Aatmanirbhar App Ecosystem’ when he launched the Government of India’s Aatmanirbhar Bharat App Innovation Challenge. “Today, when the entire nation is working towards creating an Aatmanirbhar Bharat, it is a good opportunity to give direction to their efforts, momentum to their hard work, and mentorship to their talent to evolve Apps which can satisfy our market as well as compete with the world,” PM Modi said.
    [Show full text]
  • Demonetisation- a Historical Perspective
    European Journal of Molecular & Clinical Medicine ISSN 2551-8260 Volume 07 , Issue 11 , 2020 DEMONETISATION- A HISTORICAL PERSPECTIVE SyedSalehaJaved Assistant Professor, H.R. College of Commerce and Economics, HSNC University, Mumbai, Maharashtra Abstract Demonetisation has become a much discussed and debated term post 8thNovember2016. Prime Minister NarendraModi took to national television on 20;00 hours IST, in an unscheduled address to the nation to announce the demonetization of the Rupees 500 and Rupees 1000 currency notes of the Mahatma Gandhi series with almost immediate effect. The ban on the two currencies which together accounted for almost 15.44 lakhcrore or 86 % of the total currency in circulation in India was to be enforced from midnight onwards ie roughly 4 hours from the time of announcement leaving almost no time to the citizens to respond. More than a year after the event and almost 99% of demonetized currency legally converted opinions continue to remain divided and as extreme as on day one. But the concept of demonetisation seemed to have gained traction globally as three countries namely Australia, Pakistan and Venezuela have announced plans for demonetisation of their currency post November,2016 albeit in varying degrees .The current paper is an attempt to study the concept of demonetisation and investigate the history of demonetisation with its resultant impact on the economy with special reference to India.The study is based entirely on secondary data obtained from website publications and reports of reputed institutions. Key Words: Currency, Demonetisation, History, Impact Introduction 8th of November, 2016 resembled any other day in November in India till Prime Minister NarendraModi took to national television on 20;00 hours IST, in an unscheduled address to the nation to announce the demonetisation of the Rupees 500 and Rupees 1000 currency notes of the Mahatma Gandhi series with almost immediate effect.
    [Show full text]
  • Coins | Medals | Tokens | Paper Money
    Front Cover Lot: 122 Back Cover Lot: 553 Inside Front Cover Lot: 122 Inside Last Cover Lot: 232 classical numismatic gallery Coins | Medals | Tokens | Paper Money auction 14 on Saturday, 21st December 2013, 5:30pm onwards. Venue Sonal Hall, Karve Road, Pune - 411004 (MH) in conjunction with Coinex Pune 2013 : conducted by : classical numismatic gallery A Proprietary Concern established by Shatrughan Saravagi 105, 3rd Eye Complex, C. G. Road, Panchvati, Ahmedabad - 380 006. Gujarat. India. Tel: +91 (0) 79 2646 4850 / 51 | Fax: +91 (0) 79 2646 4852 Email: [email protected] | Web: www.classicalnumismaticgallery.com Date of Auction: Saturday, 21st December 2013, 5:30pm onwards Order of Sale Ancient India .................................................................... Lots 1 - 109 Ancient World ................................................................. Lots 110 - 112 Hindu Coins of Medieval India ....................................... Lots 113 - 135 Sultanates ......................................................................... Lots 136 - 172 Mughals ............................................................................ Lots 173 - 316 Independent Kingdoms ..................................................... Lots 317 - 331 Princely States .................................................................. Lots 332 - 407 Indo Danish....................................................................... Lots 408 - 415 Indo French ....................................................................... Lots
    [Show full text]
  • Stock Market Reactions to India's 2016 Demonetization: Implications for Tax Evasion, Corruption, and Financial Constraints
    University of Michigan Law School University of Michigan Law School Scholarship Repository Law & Economics Working Papers 6-29-2017 Stock Market Reactions to India's 2016 Demonetization: Implications for Tax Evasion, Corruption, and Financial Constraints Dhammika Dharmapala University of Chicago Law School, [email protected] Vikramaditya Khanna University of Michigan Law School, [email protected] Follow this and additional works at: https://repository.law.umich.edu/law_econ_current Part of the Law and Economics Commons Working Paper Citation Dharmapala, Dhammika and Khanna, Vikramaditya, "Stock Market Reactions to India's 2016 Demonetization: Implications for Tax Evasion, Corruption, and Financial Constraints" (2017). Law & Economics Working Papers. 136. https://repository.law.umich.edu/law_econ_current/136 This Article is brought to you for free and open access by University of Michigan Law School Scholarship Repository. It has been accepted for inclusion in Law & Economics Working Papers by an authorized administrator of University of Michigan Law School Scholarship Repository. For more information, please contact [email protected]. Dharmapala and Khanna: STOCK MARKET REACTIONS TO INDIA’S 2016 DEMONETIZATION: IMPLICATIONS FOR TAX EVASION, CORRUPTION, AND FINANCIAL CONSTRAINTS Dhammika Dharmapala University of Chicago Law School [email protected] Vikramaditya S. Khanna University of Michigan Law School [email protected] June 2017 Abstract On November 8, 2016, the Indian government made a surprise announcement that certain currency notes (representing 86% of the currency then in circulation) would no longer be legal tender (although they could be deposited in banks over a limited period). The stated reason for this sudden “demonetization” was to combat tax evasion and corruption associated with “unaccounted-for” cash.
    [Show full text]
  • Standard Eleven
    I I I STANDARD ELEVEN Maharashtra State Bureau of Textbook Production and Curriculum Research, Pune 4. � 84.00 I I I Indian Air Force Rescue Mission INS Tabar Wagha Border The Coordination Committee formed by GR No. Abhyas - 2116/(Pra.Kra.43/16) SD - 4 Dated 25.4.2016 has given approval to prescribe this textbook in its meeting held on 20.6.2019 and it has been decided to implement it from academic year 2019-20. DEFENCE STUDIES STANDARD ELEVEN Maharashtra State Bureau of Textbook Production and Curriculum Research, Pune 4. Download DIKSHA App on your smartphone. If you scan the Q.R. Code on this page of your textbook, you will be able to access full text. If you scan the Q.R. Code provided, you will be able to access audio-visual study material relevant to each lesson, provided as teaching and learning aids. First Edition: 2019 © Maharashtra State Bureau of Textbook Production and Curriculum Research, Pune- 411004. Reprint: 2020 The Maharashtra State Bureau of Textbook Production and Curriculum Research reserves all rights relating to the book. No part of this book should be reproduced without the written permission of the Director, Maharashtra State Bureau of Textbook Production and Curriculum Research, ‘Balbharati’, Pune. Defence Studies Subject Committee Defence Studies Study Group Dr. Shrikant Paranjpe, Chairman Shri. Nandkumar Borse Shri. Vivekanand Kadam Brig. S. G. Gokhale (Retd.), Member Dr. Sanjay Dhake Colonel Dr.Pramodan Marathe (Retd.), Prof. Homsing Patil Member Shri. Vaijnath Kale Dr. Vijay Jadhav, Member Dr. Somnath Raut Dr. Shantaram Badgujar, Member Dr. Keshav Patil Dr.
    [Show full text]