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1/2 Falus - Nasir al-din Mahmud shah I

Issuer Gujarat Sultanate
Year 1411-1422
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Value 1/2 Falus (1⁄128)
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Reverse lettering السلطان گجرات
Edge Plain
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Additional information

Nasir al-Din Mahmud Shah I was the founding sultan of the Gujarat Sultanate, having established Ahmedabad as his capital in 1411 — the city named after his own given name, Ahmad. His copper fractional coinage served the daily markets of a sultanate still consolidating territory wrested from the declining Delhi Sultanate. These small-denomination pieces circulated in an economy where the copper falus was the working currency of bazaar transactions entirely beneath the dignity of silver.

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