Dhar was a small Maratha-ruled state in the Malwa region under British paramountcy, and its coinage authority was among the more limited exercised by any princely issuer of the period. Jaswant Rao ruled Dhar through the turbulent years surrounding 1857, when the state's loyalties during the Mutiny briefly brought it under direct British scrutiny. KM#1 designation suggests this is the foundational type for the state's copper series — likely the only paisa variety officially sanctioned before British suzerainty tightened control over subsidiary coinage rights.
Dhar was a small Maratha-ruled state in the Malwa region under British paramountcy, and its coinage authority was among the more limited exercised by any princely issuer of the period. Jaswant Rao ruled Dhar through the turbulent years surrounding 1857, when the state's loyalties during the Mutiny briefly brought it under direct British scrutiny. KM#1 designation suggests this is the foundational type for the state's copper series — likely the only paisa variety officially sanctioned before British suzerainty tightened control over subsidiary coinage rights.