Lot 848

Indo Danish, Tranquebar Rupee INO Shah Alam II (AH 1174-1221, 1759-1806 AD), Silver Rupee, 11.36 gms, 22.34 mm,  Arkat (Arcot) Mint (mostly visible at bottom on rev), This type of Arcot rupee, with the flower bud between 'julus' and the regnal year, has provisionally been regarded as issues of the Danish at Tranquebar., similar to Zeno # 224676, KM # 53, very fine, scarce.

Recently in an auction similar coin was sold with the description as below, we have mentioned it as a note & leave it open to the buyer's judgement. 

Note: "Silver Trishuli Rupee, Pseudo Mint name Arkat but may struck some were in South Maharashtra / North Karnataka region, in the name of Shah Alam II, Trident as a mint mark (Not listed in Wiggins). Counter punch on obverse, very fine+. Rupees of this type were attributed to Danish India"- Tranquebar on the basis of the AH/RY combination by Uno Jensen. However, their find-spots are invariably located in the South Maharashtra / North Karnataka region, where the 'Arcot' rupees had been popular as standard currency and even inspired issues of Maratha mints such as Dharwad. There is a good chance that these coins were struck at one of the local mints in the region, most likely controlled by the Patwardhan Sardars."