HomeAuctionsWorld Paper Money - The Charminar: Proof of Architectural Beauty

World Paper Money – The Charminar: Proof of Architectural Beauty

By Aris MaragoudakisCurrency Specialist, Stack’s Bowers ……
India, Charminar 1,000 Rupee essay note

Our August Official Auction of the ANA World’s Fair of Money features an exceptional and rare hand-drawn artist proposal. This marvelous Artist Essay exudes everything collectible about Indian paper money, from guilloché borders, and calligraphic writing, to striking lifelike vignettes. This piece is hand drawn and painted on thick Waterlow & Sons card stock. At the bottom right, on the matted card stock, a desirable embossed, circular Waterlow & Sons Specimen seal is stamped.

This rarity features the five languages of Kannada, Marathi, Urdu, Telugu and English signifying the denomination. This initial design is likely unique as it is not the same as the issued version, P-S267, which features the Hyderabad seals at the top corners of the note instead of on each side of the vignette of The Charminar under the star and crescent moon at center.

The most striking difference between this artist’s proposed design and the issued note is the absence of The Charminar. This monument and mosque in Hyderabad, Teleganda was constructed on the bank of the Musi River in 1591. The name “Charminar” translates to “Four Towers”, a fitting name considering the structure’s extravagant minarets. The architectural marvel also features four giant archways.

As one of the most visited and recognizable structures in India, it’s widely accepted that the monument was to be at the city’s center and commemorate the eradication of the plague. There are many other theories, and explanations as to why it was built, ranging from celebrating the Second Islamic Millennium to a tale where Qutb Shah constructed the Charminar because it was where he first saw his Queen. Many established historians have stated that this is false, even though in some circles the story is still shared today.

When all is said and done, it can be argued that this version of the 1,000 Rupees design is more desirable visually than the actual issued note. Even though the issued notes are extremely rare, they lack the beauty and cultural significance presented by this unique piece.

The note will be offered in the live session of our World Paper Money auction in August at the Anaheim Convention Center. We are currently accepting consignments for the rest of our 2016 auction season. If you are interested in consigning or if you have a currency related question please call 1-800-458-4646 or email Currency Specialist Aris Maragoudakis at [email protected] or Director of Currency Peter Treglia at [email protected].

Stack's Bowers
Stack's Bowershttps://stacksbowers.com/
Stack's Bowers Galleries conducts live, internet, and specialized auctions of rare U.S. and world coins and currency and ancient coins, as well as direct sales through retail and wholesale channels. The company's 90-year legacy includes the cataloging and sale of many of the most valuable United States coin and currency collections to ever cross an auction block — The D. Brent Pogue Collection, The John J. Ford, Jr. Collection, The Louis E. Eliasberg, Sr. Collection, The Harry W. Bass, Jr. Collection, The Joel R. Anderson Collection, The Norweb Collection, The Cardinal Collection, The Sydney F. Martin Collection, and The Battle Born Collection — to name just a few. World coin and currency collections include The Pinnacle Collection, The Louis E. Eliasberg, Sr. Collection of World Gold Coins, The Kroisos Collection, The Alicia and Sidney Belzberg Collection, The Salton Collection, The Wa She Wong Collection, and The Thos. H. Law Collection. The company is headquartered in Costa Mesa, California with galleries in New York, Boston, and Philadelphia. Offices are also located in New Hampshire, Oklahoma, South Carolina, Virginia, Hong Kong, Paris, and Vancouver.

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