George VI, Half Silver, 1/4 Rupee, 1940, Bombay Mint, Head Type I, Rev I, Dot, Milled edge. GK 1326. NGC Slabbed MS 64. Very Rare.

George VI Silver ¼ Rupee 1940, Bombay Mint (Head Type I, Rev I, Dot, milled edge) (GK 1326) is a British India circulation coin struck in silver during the early George VI era, when the colonial monetary system continued its standardized fractional rupee denominations for everyday use across the Indian subcontinent. The obverse features the early “Head Type I” portrait of King George VI with imperial inscriptions, while the reverse (Rev I) displays the denomination “Quarter Rupee” along with the date and Bombay mint mark, with the noted Dot variety and milled edge adding specific diagnostic and security characteristics used for identification and classification. This issue reflects wartime-era minting practices of the early 1940s, when coin production was carefully regulated and widely circulated across India. The example graded NGC MS64 is a high-grade Mint State specimen with strong original luster, sharp strike, and minimal contact marks, making it an attractive premium-quality coin within the series. Its “Very Rare” designation reflects significant scarcity in certified higher Mint State grades, particularly for identified varieties of the 1940 Bombay Mint fractional silver issues.