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1/4 Paisa - Tipu Sultan Nagar mint

Issuer Kingdom of Mysore
Year 1787-1792
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Shape Round
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Obverse lettering AM ١٢١٦
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Edge Plain
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Additional information

Tipu Sultan overhauled the Mysorean monetary system comprehensively after consolidating power following Hyder Ali's death in 1782, introducing a new reckoning of time based on the Iranian solar calendar and renaming mints after cities in an idealized Islamic geography. The mint name "Nagar" on this issue refers to Bidnur, renamed Hyder Nagar by his father and subsequently reorganized under Tipu's mint reforms — one of roughly twenty operating mints he attempted to rationalize into a coherent imperial coinage system.

The quarter paisa was the smallest practical copper denomination in this scheme, produced for bazaar-level transactions in a regional economy that ran heavily on small change.

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