4 Lariat - Muhammadu Shamsuddeen III 1331 (1913)

Weight

3.3 g

Diameter

19 mm

Thickness

NA

Material

Bronze

Shape

Round

Edge Type

Plain

Technique

Milled

Front design

NA

Back design

NA

Year of Minting

1331 (1913)

Sultan

Muhammad Shamsuddeen III (1902-1934)

Mint location

Heaton and Sons / The Mint Birmingham (Heaton and Sons / The Mint Birmingham Limited), United Kingdom (1850-2003)

Mint mark

NA

Orientation

NA

Inscriptions

Obverse: السلطان محمد شمس الدين إسكندر Reverse: ۴ لاريات ضرب في مالي محلديب ١٣٣١ ه

Context

The currency was Demonetization in 1379 (1960) to introduce a new decimalized currency coin set of: 1 laari 2 laari 5 laari 10 laari 25 laari 50 laari As per then British in-charge for maldives recorded on his diary that 17,711 coins were withdrawn from circulation and demolished in which 4734 coins were withdrawn and demolished from government offices. Hence with an estimate of 1,500 coins damaged or lost across the nation. Along with an estimate of 789 coins vanished as individuals hoarded and hid them for its sentimental value and memory. Rare mint proof strikes in silver and gold exist. 4 laari was traded for 48 cowry shells Current market value for 4 Lariat - Muhammadu Shamsuddeen III coin in Maldives is estimated at MVR 2,000 - 4,000 depending on its quality.

Rarity

Common

Coin type

Standard circulation

In circulation

No

Demonetized

Yes

Marketplace listings

0