1/2 Anna - Jivaji Rao

Gwalior's coinage in the early 1940s occupied an awkward political position: the princely states retained nominal minting rights under British paramountcy, but wartime metal controls and the broader push toward post-independence monetary consolidation were already making such issues feel anachronistic. Jivaji Rao Scindia, the last ruling Maharaja of Gwalior, acceded to India in 1948, and state coinage effectively ceased with that transfer. Brass was the practical wartime choice — copper-nickel allocations were tightly controlled by the colonial administration for war production needs.