½ Falus - Muhammad Quli

Muhammad Quli Qutb Shah, who reigned from 1580 to 1612, founded Hyderabad in 1591 and shifted the Golkonda sultanate's administrative weight toward the new city during precisely the years this coin was struck. The Qutb Shahi dynasty maintained a distinct copper coinage tradition largely independent of Mughal monetary conventions, even as Akbar's empire pressed against their northern borders throughout this period.

GG#37 is a scarce attribution in the series — copper fractions from Golkonda circulated hard and survive poorly.