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1/2 Anna - Ahalya Bai Sahiba Holkar

Issuer Princely state of Indore
Year 1767-1795
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Diameter 18 mm
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Reverse description Inscription in Nagari script referencing Shah Alam, the Mughal emperor under whose nominal suzerainty the Holkar rulers operated, occupying the central field. The legend is arranged in multiple lines and surrounded by a border of small pellets or dots. The irregular flan and bold relief of the lettering are consistent with hand-hammered Indore copper issues of the late eighteenth century.
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Edge Plain
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Ahalya Bai Holkar ruled Indore from 1767 until her death in 1795, widely regarded as one of the most capable administrators of 18th-century India. She came to power after the deaths of her husband and father-in-law in quick succession, navigating Maratha court politics to govern in her own name — unusual enough to be remarkable, rarer still that her coinage circulated under her name directly rather than a male regent's.

KM#53 is among the copper issues she authorized during a reign defined by infrastructure investment and temple construction across the subcontinent.

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