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Nizam’s gold coin hunt continues 35 years later

Almost four decades after a 12 kg gold coin went missing, the Centre has resumed its search. Mukarram Jah, the titular Nizam VIII of Hyderabad, held the world’s largest gold coin last seen in his hands.

His coin had been auctioned at the Swiss Bank, according to reports. Although Jah’s grandfather and last Nizam of Hyderabad, Mir Osman Ali Khan, passed this gold coin to him, the CBI could not obtain it.

A coin devised by the emperor Jahangir had been inherited by the last Nizam. The world’s biggest gold coin is of invaluable value to Hyderabad’s pride, said renowned historian Prof Salma Ahmed Farooqui of Maulana Azad National Urdu University’s HK Sherwani Centre for Deccan Studies. It has been 35 years since the coin hunt began.

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After Indian officials in Europe alerted the central government about Habsburg Feldman SA auctioning a gold coin worth 11,935.8 grams at Hotel Moga on November 9, the CBI was involved. “A large amount of information was unearthed during investigations,” Prof Salma was quoted by TOI as saying.

According to her, the CBI played the role of historians while searching for the coin but later left the search unfinished as officials failed to return. Former joint director of the CBI Shantonu Sen has written a book in which he reports that officials discovered a pair of similar coins that Jahangir had printed. Yadgir Ali, the ambassador of the Shah of Iran, received one, while the Nizams of Hyderabad gained control of the other.

In 1987, a superintendent rank officer filed an FIR under the Antique and Art Treasures Act 1972.  She added, “Further investigations revealed Mukarram Jah intended to auction two gold mohurs at the Swiss auction in 1987, one of them allegedly representing a 1,000 tola coin.”. The coin was valued at $16 million in 1987.”

Because no one knows anything about Jahangir’s big gold coin, Salma hopes that the Centre’s new efforts will yield positive results.

 

 

 

 

 

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