COIN PRICE GUIDE — SECTION 3
PRINCELY STATES
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.
HYDERABAD STATE
Approximately 1724 to 1948 AD
Gold Hali Sicca, Nizam issue. Fine condition: Rs. 15,000 to Rs. 40,000. Very Fine condition: Rs. 40,000 to Rs. 1,00,000.
Silver Rupee, Hyderabadi issue, common. Fine condition: Rs. 800 to Rs. 2,000. Very Fine condition: Rs. 2,000 to Rs. 5,000. Extremely Fine condition: Rs. 5,000 to Rs. 12,000.
Silver Rupee, Osmania Sicca, late Nizam issue. Fine condition: Rs. 600 to Rs. 1,500. Very Fine condition: Rs. 1,500 to Rs. 4,000.
Copper Anna, Hyderabad issue. Fine condition: Rs. 200 to Rs. 600. Very Fine condition: Rs. 600 to Rs. 1,500.
One Anna, Nizam issue, Mir Osman Ali Khan. Fine condition: Rs. 300 to Rs. 800. Very Fine condition: Rs. 800 to Rs. 2,000.
GWALIOR STATE
Approximately 1750 to 1949 AD
Gold Mohur, Gwalior Scindia issue. Fine condition: Rs. 20,000 to Rs. 50,000. Very Fine condition: Rs. 50,000 to Rs. 1,20,000.
Silver Rupee, Gwalior mint, hand struck. Fine condition: Rs. 1,500 to Rs. 4,000. Very Fine condition: Rs. 4,000 to Rs. 10,000.
Silver Rupee, Gwalior mint, machine struck from 1885. Fine condition: Rs. 800 to Rs. 2,000. Very Fine condition: Rs. 2,000 to Rs. 5,000.
Copper Paisa, Gwalior issue. Fine condition: Rs. 200 to Rs. 600. Very Fine condition: Rs. 600 to Rs. 1,500.
Error coins, Gwalior mint, any denomination. Premium of 3 to 15 times standard value depending on error type.
MYSORE STATE
Approximately 1399 to 1947 AD
Gold Pagoda, Mysore Wadiyar issue. Fine condition: Rs. 10,000 to Rs. 25,000. Very Fine condition: Rs. 25,000 to Rs. 60,000.
Silver coins, Mysore issue. Fine condition: Rs. 1,000 to Rs. 3,000. Very Fine condition: Rs. 3,000 to Rs. 8,000.
Copper coins, Mysore issue. Fine condition: Rs. 200 to Rs. 600. Very Fine condition: Rs. 600 to Rs. 1,500.
Tipu Sultan coins, Mysore issue, any denomination. 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.
TRAVANCORE STATE
Approximately 1729 to 1949 AD
Gold Fanam, Travancore issue. Fine condition: Rs. 2,000 to Rs. 5,000. Very Fine condition: Rs. 5,000 to Rs. 12,000.
Silver Rupee, Travancore issue. Fine condition: Rs. 1,500 to Rs. 4,000. Very Fine condition: Rs. 4,000 to Rs. 10,000.
Copper Chuckram, Travancore issue. Fine condition: Rs. 200 to Rs. 500. Very Fine condition: Rs. 500 to Rs. 1,200.
BARODA STATE
Approximately 1721 to 1949 AD
Gold Mohur, Baroda Gaekwad issue. Fine condition: Rs. 18,000 to Rs. 45,000. Very Fine condition: Rs. 45,000 to Rs. 1,10,000.
Silver Rupee, Baroda issue. Fine condition: Rs. 1,000 to Rs. 2,500. Very Fine condition: Rs. 2,500 to Rs. 6,000.
Copper Paisa, Baroda issue. Fine condition: Rs. 150 to Rs. 400. Very Fine condition: Rs. 400 to Rs. 1,000.
INDORE STATE
Approximately 1732 to 1948 AD
Gold Mohur, Indore Holkar issue. Fine condition: Rs. 15,000 to Rs. 40,000. Very Fine condition: Rs. 40,000 to Rs. 1,00,000.
Silver Rupee, Indore issue. Fine condition: Rs. 1,000 to Rs. 2,500. Very Fine condition: Rs. 2,500 to Rs. 6,000.
Copper Paisa, Indore issue. Fine condition: Rs. 150 to Rs. 400. Very Fine condition: Rs. 400 to Rs. 1,000.
BIKANER STATE
Approximately 1488 to 1949 AD
Gold Mohur, Bikaner issue. Fine condition: Rs. 15,000 to Rs. 40,000. Very Fine condition: Rs. 40,000 to Rs. 1,00,000.
Silver Rupee, Bikaner issue. Fine condition: Rs. 800 to Rs. 2,000. Very Fine condition: Rs. 2,000 to Rs. 5,000.
Copper Paisa, Bikaner issue. Fine condition: Rs. 150 to Rs. 400. Very Fine condition: Rs. 400 to Rs. 1,000.
JAIPUR STATE
Approximately 1727 to 1949 AD
Gold Mohur, Jaipur issue. Fine condition: Rs. 15,000 to Rs. 40,000. Very Fine condition: Rs. 40,000 to Rs. 1,00,000.
Silver Rupee, Jaipur issue. Fine condition: Rs. 800 to Rs. 2,000. Very Fine condition: Rs. 2,000 to Rs. 5,000.
Copper Paisa, Jaipur issue. Fine condition: Rs. 150 to Rs. 400. Very Fine condition: Rs. 400 to Rs. 1,000.
JODHPUR STATE
Approximately 1459 to 1949 AD
Gold Mohur, Jodhpur issue. Fine condition: Rs. 15,000 to Rs. 40,000. Very Fine condition: Rs. 40,000 to Rs. 1,00,000.
Silver Rupee, Jodhpur issue. Fine condition: Rs. 800 to Rs. 2,000. Very Fine condition: Rs. 2,000 to Rs. 5,000.
Copper Paisa, Jodhpur issue. Fine condition: Rs. 150 to Rs. 400. Very Fine condition: Rs. 400 to Rs. 1,000.
COCHIN STATE
Approximately 1503 to 1949 AD
Gold Fanam, Cochin issue. Fine condition: Rs. 2,000 to Rs. 5,000. Very Fine condition: Rs. 5,000 to Rs. 12,000.
Silver coins, Cochin issue. Fine condition: Rs. 1,000 to Rs. 2,500. Very Fine condition: Rs. 2,500 to Rs. 6,000.
Copper Paisa, Cochin issue. Fine condition: Rs. 200 to Rs. 500. Very Fine condition: Rs. 500 to Rs. 1,200.
AWADH STATE
Approximately 1732 to 1858 AD
Gold Asharfi, Awadh Nawab issue. Fine condition: Rs. 15,000 to Rs. 40,000. Very Fine condition: Rs. 40,000 to Rs. 1,00,000.
Silver Rupee, Awadh issue. Fine condition: Rs. 1,000 to Rs. 2,500. Very Fine condition: Rs. 2,500 to Rs. 6,000.
Copper Paisa, Awadh Fish emblem. Fine condition: Rs. 200 to Rs. 600. Very Fine condition: Rs. 600 to Rs. 1,500.
Wajid Ali Shah last issue coins. Fine condition: Rs. 2,000 to Rs. 5,000. Very Fine condition: Rs. 5,000 to Rs. 12,000.
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."