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1/4 Rupee

Issuer Princely state of Indore
Year 1799-1878
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Technique Milled
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Obverse script Arabic
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Reverse description Central device depicts a radiant sun with sixteen triangular rays emanating from a central face represented by four pellets in a triangular arrangement, a dynastic solar emblem of the Holkar rulers of Indore. A bold crescent moon embraces the lower portion of the solar disc, with its horns pointing upward and to the left. A horizontal line divides the lower field, with additional linear elements below. The overall composition is characteristic of Holkar princely coinage and reflects the Maratha dynasty's identification with solar and lunar symbolism.
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Additional information

Indore's coinage during this period was issued under the Holkar dynasty, a Maratha ruling family whose monetary output reflected the fragmented nature of currency across central India — dozens of princely states each maintaining their own issues, often with overlapping types that circulated interchangeably in local markets. The Holkars had fought both with and against the British across three Anglo-Maratha wars, and the survival of their mint rights into the late nineteenth century was a negotiated concession of the post-1818 subsidiary alliance with the East India Company.

The 79-year span assigned to KM#72 suggests a long-lived, minimally altered type — common in Holkar coinage, where die-cutting traditions changed slowly and regal years were often omitted or rendered symbolically.

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