1 Dokdo - Shah Jahan III [Bhavsinhji I Ratanji]

Bhavnagar was founded in 1724 by Bhavsinhji I, who established it as an independent Gohil Rajput principality carved from the fragmented Mughal periphery in Saurashtra. The coin nominally acknowledges Shah Jahan III, who held the Mughal throne for a matter of months in 1759 before being deposed — making his name on any issued coinage a marker of an unusually narrow political window. Provincial rulers across the subcontinent continued issuing copper in the emperor's name largely as a formality; actual authority had long since dispersed to regional powers like Bhavnagar itself.