George V, Silver, 1/4 Rupee, 1934, Calcutta Mint, No dot. GK 1098. NGS Slabbed AMS 58+. Very Scarce.

George V Silver ¼ Rupee 1934, Calcutta Mint (No dot variety) (GK 1098) is a British India fractional coin struck in .917 fine silver as part of the standard pre-decimal currency system that continued to circulate widely across the Indian subcontinent during the later years of British rule. The obverse features the crowned and draped bust of King George V with imperial inscriptions, while the reverse carries the denomination “Quarter Rupee” within a floral wreath along with the date and Calcutta Mint attribution, here identified by the absence of a dot variety.

This later-date issue belongs to the final phase of George V silver fractional coinage, produced toward the end of his reign, when standardized designs were still actively used for daily transactions despite evolving monetary conditions. The 1934 Calcutta Mint ¼ rupee is part of a relatively later and less frequently encountered date within the series, especially in higher preservation states.

The example graded NGC AU58+ (often noted as AMS 58+) is a high-end About Uncirculated specimen with strong remaining mint luster and only light friction on the highest points, placing it just below full Mint State. Its “Very Scarce” designation reflects limited availability in such elevated preservation, particularly for no-dot Calcutta Mint issues from the final George V fractional rupee series.