What is the market value of a 1862 HALF RUPEE coin (MADRAS Mint)?

The estimated collector value of a 1862 HALF RUPEE coin from MADRAS Mint ranges from approximately ₹2,500 to ₹3,000 in circulated condition, and ₹5,000 to ₹15,000 in Uncirculated (UNC) or GEM UNC condition, depending on strike quality and surface preservation.

What are the metal composition, weight, and size of this 1862 HALF RUPEE coin?

This coin is minted in Silver with an official weight of 5.83 grams and a diameter of 24.30 mm. Its shape is Circular with a Reeded edge.

How do I identify the MADRAS Mint mark on this 1862 HALF RUPEE coin?

The mint mark for MADRAS Mint is typically struck directly below the year (1862) on the reverse or obverse. Look closely under magnification for the MADRAS mint symbol.

1862 VICTORIA QUEEN HALF RUPEE (MADRAS Mint) - British India Value

1862 India HALF RUPEE Coin MADRAS Mint - Obverse and Reverse High Resolution

1862 India HALF RUPEE Coin MADRAS Mint - Obverse and Reverse High Resolution - Photo 1

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Obverse Crowned & ornamental robed bust of the Queen facing Left, surrounded by the lettering of the legend VICTORIA QUEEN.

Reverse HALF RUPEE INDIA 1862 within ornamental wreath of flora, All within a toothed border.

Issuer : British India
Category : British India
Company / King / Queen : VICTORIA QUEEN
Issue Value : HALF RUPEE
Year : 1862
Date of Issue : 1865
Type : Circulation
Mint & Mint Mark : MADRAS / Elongated pearls on both the arches of the crown
Metal & Metal Composition : Silver | 91.67% Silver, 8.33% Copper
Weight : 5.83 gms
Diameter : 24.30-24.60 mm
Thickness : 1.20 mm
Shape : Circular
Edge : Reeded
Demonetized : Yes - 01 May 1943

Mintage and Market Value

ID	Mintage	Circulation	UNC to GEM UNC	Frq	Report
BI383M	880120	₹2,500–₹3,000	₹5,000–₹15,000	Scarce	Report

ID: BI383M Report

Mintage 880120
Circulation ₹2,500–₹3,000
UNC to GEM UNC ₹5,000–₹15,000
Frequency Scarce

VICTORIA QUEEN Half Rupee Coin – 1862 Madras Mint

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Mintage and Market Value

💬 Collector Discussion 6 Comments

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Frequently Asked Questions about VICTORIA QUEEN Half Rupee Coin – 1862 Madras Mint

VICTORIA QUEEN Half Rupee Coin – 1862 Madras Mint

Details

Mintage and Market Value

💬 Collector Discussion 6 Comments

Collectors Have Extra Coins 4

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Frequently Asked Questions about VICTORIA QUEEN Half Rupee Coin – 1862 Madras Mint

What is the market value of a 1862 HALF RUPEE coin (MADRAS Mint)?

What are the metal composition, weight, and size of this 1862 HALF RUPEE coin?

How do I identify the MADRAS Mint mark on this 1862 HALF RUPEE coin?