1 Larin - Muhammad Shamsuddeen III

Obverse

Script: arabski

Lettering:
سلطان
شمس الدين
محمد
اسكندر

Reverse

Script: arabski

Lettering:
١
لاري
ضرب في مالي
محلديب
١٣٣١ هـ

Edge

Zwykły

Mint

Comments

Waluta została zdemonetyzowana w 1379 r. (1960 r.), aby wprowadzić nowy zestaw monet dziesiętnych o nominałach:
1 laari
2 laari
5 laari
10 laari
25 laari
50 laari

Według ówczesnego brytyjskiego dowódcy na Malediwach, w jego dzienniku odnotowano, że 44 348 monet zostało wycofanych z obiegu i zniszczonych, w tym 12 980 monet zostało wycofanych i zniszczonych z biur rządowych. W związku z tym szacuje się, że w całym kraju uszkodzono lub utracono 3 000 monet. Szacuje się, że 2 652 monety zostały zatrzymane przez osoby prywatne, które gromadziły je i ukrywały ze względu na ich wartość sentymentalną i pamięć.

Istnieją rzadkie wybicia mennicze w srebrze i złocie.
1 Laari został wymieniony na 12 muszli krowich
Obecna wartość rynkowa 1 monety Lariat - Muhammadu Shamsuddeen III na Malediwach szacowana jest na 1500-2000 MVR w zależności od jej jakości. Istnieją również wersje z drobnymi błędami, które są wyceniane na 4000-6000 MVR.

Waga monety waha się od 0,87 do 0,91 grama.

This is an automatic translation. The original text is:

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As per then British in-charge for maldives recorded on his diary that 44,348 coins were withdrawn from circulation and demolished in which 12,980 coins were withdrawn and demolished from government offices. Hence with an estimate of 3,000 coins damaged or lost across the nation. Along with an estimate of 2,652 coins were kept by individuals as individuals hoarded and hid them for its sentimental value and memory.

Rare mint proof strikes in silver and gold exist.
1 Laari was traded for 12 cowry shells
Current market value for 1 Lariat - Muhammadu Shamsuddeen III coin in Maldives is estimated at MVR 1500 - 2000 depending on its quality. An minor error version exist with a slight border these are valued at MVR 4000 - 6000

Weight of the coin vary 0.87-0.91 grams

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Date			Mintage		VG	F	VF	XF	AU	UNC
Undetermined
1331 (1913)			50 000				$ 4.50	$ 5.30	$ 5.30	$ 6.00		(en) ١٣٣١

Values in the table above are expressed in USD. They are based on evaluations by Numista users and sales realized on Internet platforms. They serve as an indication only; they are not intended to be relied upon for buying, selling or exchanging. Numista does not buy or sell coins or banknotes.

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Numista Rarity index: 22

This index is based on the data of Numista members collections. It ranges from 0 to 100, 0 meaning a very common coin or banknote and 100 meaning a rare coin or banknote among Numista members.

Past sales

Pictures	Sale	Date	Grade	Sold price
	Katz Auction 96 Lot 1954	23 Sep 2023	UNC	USD 9.21 (EUR 8.00) (+ buyer's premium)
© Katz Coins Notes & Supplies Corp.

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