COIN PRICE GUIDE — SECTION 2
MEDIEVAL INDIA
Approximate Market Values for Indian Collectors
Compiled by AINCERT
All India Numismatics Council of Educational Research and Training
Website: sites.google.com/view/aincert
Email: ujjwalbup@gmail.com
"Don't talk about money, talk about history."
IMPORTANT NOTICE
All prices listed in this guide are approximate market values based on recent auction results from Marudhar Arts, Classical Numismatic Gallery and Numista data. Actual prices vary significantly depending on grade, rarity, mint, provenance and current market conditions. AINCERT recommends using the ARCHIER Scale to grade any coin before buying or selling. These prices are for reference only and do not constitute a valuation or guarantee of value. Prices are listed in Indian Rupees.
DELHI SULTANATE
Approximately 1206 to 1526 AD
Silver Tanka, Slave Dynasty, Iltutmish issue. Fine condition: Rs. 3,000 to Rs. 8,000. Very Fine condition: Rs. 8,000 to Rs. 20,000. Extremely Fine condition: Rs. 20,000 to Rs. 50,000.
Silver Tanka, Razia Sultana issue, extremely rare. Fine condition: Rs. 40,000 to Rs. 1,00,000. Very Fine condition: Rs. 1,00,000 to Rs. 2,50,000. Extremely Fine condition: Rs. 2,50,000 to Rs. 6,00,000.
Copper Jital, Slave Dynasty. Fine condition: Rs. 500 to Rs. 1,500. Very Fine condition: Rs. 1,500 to Rs. 4,000.
Silver Tanka, Khilji Dynasty, Alauddin Khilji. Fine condition: Rs. 4,000 to Rs. 10,000. Very Fine condition: Rs. 10,000 to Rs. 25,000. Extremely Fine condition: Rs. 25,000 to Rs. 60,000.
Copper Token Currency, Muhammad bin Tughlaq brass issue. Fine condition: Rs. 2,000 to Rs. 5,000. Very Fine condition: Rs. 5,000 to Rs. 12,000. Extremely Fine condition: Rs. 12,000 to Rs. 30,000.
Silver Tanka, Tughlaq Dynasty. Fine condition: Rs. 3,000 to Rs. 8,000. Very Fine condition: Rs. 8,000 to Rs. 20,000.
Silver Tanka, Sayyid Dynasty. Fine condition: Rs. 2,500 to Rs. 6,000. Very Fine condition: Rs. 6,000 to Rs. 15,000.
Silver Tanka, Lodi Dynasty, Ibrahim Lodi. Fine condition: Rs. 2,000 to Rs. 5,000. Very Fine condition: Rs. 5,000 to Rs. 12,000.
Copper Jital, Lodi Dynasty. Fine condition: Rs. 400 to Rs. 1,000. Very Fine condition: Rs. 1,000 to Rs. 2,500.
Gold Tanka, Delhi Sultanate, any dynasty, extremely rare. Fine condition: Rs. 80,000 to Rs. 2,00,000. Very Fine condition: Rs. 2,00,000 to Rs. 5,00,000.
BAHMANI SULTANATE
Approximately 1347 to 1527 AD
Gold Hun, Bahmani issue. Fine condition: Rs. 20,000 to Rs. 50,000. Very Fine condition: Rs. 50,000 to Rs. 1,20,000.
Silver Tanka, Bahmani issue. Fine condition: Rs. 3,000 to Rs. 8,000. Very Fine condition: Rs. 8,000 to Rs. 20,000.
Copper coins, Bahmani issue. Fine condition: Rs. 600 to Rs. 1,500. Very Fine condition: Rs. 1,500 to Rs. 4,000.
DECCAN SULTANATES
Approximately 1490 to 1687 AD
Gold Hun, Golconda Qutb Shahi issue. Fine condition: Rs. 15,000 to Rs. 40,000. Very Fine condition: Rs. 40,000 to Rs. 1,00,000.
Gold Pagoda, Bijapur Adil Shahi issue. Fine condition: Rs. 12,000 to Rs. 30,000. Very Fine condition: Rs. 30,000 to Rs. 80,000.
Silver Larin, Deccan Sultanate issue. Fine condition: Rs. 2,000 to Rs. 5,000. Very Fine condition: Rs. 5,000 to Rs. 12,000.
Copper Paisa, Deccan Sultanate common. Fine condition: Rs. 400 to Rs. 1,000. Very Fine condition: Rs. 1,000 to Rs. 2,500.
VIJAYANAGARA EMPIRE
Approximately 1336 to 1646 AD
Gold Varaha, Krishnadevaraya issue. Fine condition: Rs. 10,000 to Rs. 25,000. Very Fine condition: Rs. 25,000 to Rs. 60,000. Extremely Fine condition: Rs. 60,000 to Rs. 1,50,000.
Silver Tara, Vijayanagara issue. Fine condition: Rs. 3,000 to Rs. 8,000. Very Fine condition: Rs. 8,000 to Rs. 20,000.
Copper Kasu, common Vijayanagara. Fine condition: Rs. 300 to Rs. 800. Very Fine condition: Rs. 800 to Rs. 2,000.
MARATHA EMPIRE
Approximately 1674 to 1818 AD
Gold Hon, Shivaji Maharaj issue, extremely rare. Fine condition: Rs. 1,50,000 to Rs. 4,00,000. Very Fine condition: Rs. 4,00,000 to Rs. 10,00,000.
Copper Shivrai, Shivaji Maharaj issue. Fine condition: Rs. 3,000 to Rs. 8,000. Very Fine condition: Rs. 8,000 to Rs. 20,000. Extremely Fine condition: Rs. 20,000 to Rs. 50,000.
Silver Rupee, Maratha Peshwa issue. Fine condition: Rs. 2,000 to Rs. 5,000. Very Fine condition: Rs. 5,000 to Rs. 12,000.
Copper Paisa, Maratha issue. Fine condition: Rs. 300 to Rs. 800. Very Fine condition: Rs. 800 to Rs. 2,000.
PRICE PREMIUM FACTORS
A coin graded ARCHIER MS or Extremely Fine and above commands a premium of 3 to 10 times the Fine condition price. A coin with documented provenance from Marudhar Arts commands a premium of 20 to 50 percent. An error coin commands a premium of 2 to 20 times standard value. An NGC, PCGS or NGS graded coin commands a premium of 30 to 100 percent above ungraded examples.
AINCERT Copyright 2026
Website: sites.google.com/view/aincert
Email: ujjwalbup@gmail.com
"Don't talk about money, talk about history."