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1/4 Anna - Madho Rao

Issuer Gwalior, Princely state of
Year 1913-1917
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Weight 5.1 g
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Obverse lettering श्री.माधवराव शिंदे आलीजाबहादुर गवालियार
(Translation: Shri Madhavarao Shinde Alijabahadur Gwalior)
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Reverse lettering पाव आना समत १९७४
(Translation: Quarter Anna VS year 1974)
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Additional information

Gwalior's coinage under Madho Rao Scindia occupied an awkward administrative middle ground — the state retained the right to strike its own coins well into the twentieth century, but British India's currency reforms were steadily rendering local issues redundant. This piece dates to precisely the window when that pressure was sharpest, between the Currency Act reforms and the First World War's disruption of metal supplies across the subcontinent.

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