1 Fanam

The Thanjavur Maratha kingdom by the 1820s was a political fiction — the British East India Company held effective control, and the last raja, Serfoji II, ruled as a pensioner under subsidiary alliance. Coinage continued largely by administrative inertia rather than monetary necessity, which explains why these tiny gold fanams circulated alongside Company issues without any formal demonetization.

Serfoji II died in 1832, and his son Shivaji II was deposed in 1855 when the Company annexed the kingdom under the Doctrine of Lapse, extinguishing the line entirely.