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1 Ashrafi - Mir Usman Ali Khan
| Issuer | Princely state of Hyderabad |
|---|---|
| Year | 1913-1945 |
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| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| In circulation to | Log in to see details |
| Reference(s) | Y#57a |
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|---|---|
| Obverse script | Arabic |
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| Mintage | 1331 (1913) - - 1332 (1914) - - 1333 (1915) - - 1337 (1919) - Year 8 - 1337 (1919) - Year 9 - 1338 (1920) - - 1340 (1922) - - 1342 (1924) - - 1343 (1925) - - 1344 (1926) - - 1348 (1930) - - 1349 (1931) - - 1354 (1935) - - 1358 (1939) - - 1360 (1941) - - 1362 (1943) - - 1364 (1945) - - |
| Additional information |
Hyderabad was the wealthiest and largest of British India's princely states, and its nizams maintained the right to strike gold coinage long after most Indian rulers had been reduced to ceremonial tokens. Mir Usman Ali Khan, the last Nizam, held this privilege under the paramountcy framework — a negotiated exception that reflected both Hyderabad's fiscal power and the Nizam's personal fortune, at one point estimated to be the largest of any individual on earth.
The long date range of this type reflects consistent production across three decades, finally ending when Indian military annexation in 1948 rendered the state's monetary apparatus obsolete.