1 Anna WWII Cash Coupon

Sailana was among the smallest of the princely states — roughly 300 square miles in what is now Madhya Pradesh — and its wartime cash coupons are among the more obscure fiscal instruments to emerge from the Indian subcontinent during the 1940s. The broader context is a familiar one: disrupted supply lines, coinage shortages, and a colonial administration stretched thin enough that local rulers were left to devise their own small-denomination substitutes.

P#S431 is catalogued without a precise date, which is typical of these coupons — Sailana issued several denominations across the war years with minimal documentation surviving.