India Gold Sovereign Review
The main Indian Government Mint, i is one of the five mints in India situated in the city of Mumbai (formerly Bombay). The Mint was established in 1829 by the then governor of the Bombay Presidency.
The mint is situated just opposite the Reserve Bank of India in the Fort area of South Mumbai.
Lieutenant General John Archibald Ballard was appointed mint-master at Bombay in 1861 and he presided over the Board of Trustees of the Bombay port from 3 July 1873 until May 1876.
Between 1862 and 1947 in Bombay , the Mint produced what were called Regal Issues.
These had a portrait of Queen Victoria and were mainly of small denominations plus 6 and 10 rupee coins and a 1 mohu gold coin.
In 1918 the Bombay Mint struck Gold Sovereigns and 15 rupee coins identical in size as an emergency measure due to the First World War.
Sovereigns were only produced in Bombay for one year - in 1918
They had the mint Mark b
Initially governed by the Governor of the Bombay Presidency, it was transferred to the Government of India on 18 May 1876 through a Finance Department Resolution 247. In 1918, a branch of the Royal Mint of London was set up to issue British sovereigns. In April 1919, after manufacturing 12.95 lakh (1.295 million) coins, it was shut down.
Gold is very valuable inside India and visitors are searched by customs officers at the airport or harbour of entry to the country.
US $10.00
