Junagadh's gold kori coinage under Bahadur Khan III reflects the state's unusual monetary autonomy within the British Raj — the nawabs retained the right to strike gold long after most princely states had ceded that privilege. KM#41 corresponds to a relatively short window of Bahadur Khan III's reign, which ran from 1882 until his death in 1892, giving this issue a naturally constrained production span.
The Kathiawar region sustained an active indigenous bullion economy well into the colonial period, and locally struck gold remained preferred over British sovereigns in many interior transactions.
Junagadh's gold kori coinage under Bahadur Khan III reflects the state's unusual monetary autonomy within the British Raj — the nawabs retained the right to strike gold long after most princely states had ceded that privilege. KM#41 corresponds to a relatively short window of Bahadur Khan III's reign, which ran from 1882 until his death in 1892, giving this issue a naturally constrained production span.
The Kathiawar region sustained an active indigenous bullion economy well into the colonial period, and locally struck gold remained preferred over British sovereigns in many interior transactions.