Bahawalpur, situated along the Sutlej River in what is now southern Punjab, Pakistan, was among the few princely states that maintained its own currency infrastructure well into the British Raj period. The Falus was the lowest denomination in local use, a coin that passed through bazaar transactions rather than treasury accounts. Most survivors show heavy wear precisely because they circulated without relief.
Bahawalpur, situated along the Sutlej River in what is now southern Punjab, Pakistan, was among the few princely states that maintained its own currency infrastructure well into the British Raj period. The Falus was the lowest denomination in local use, a coin that passed through bazaar transactions rather than treasury accounts. Most survivors show heavy wear precisely because they circulated without relief.