1 Paisa - Kande Rao

Baroda's copper paisa coinage under Khanderao Gaekwad (r. 1856–1870) was produced at a moment when the Gaekwad rulers were navigating an increasingly intrusive British Residency following the annexation crises that had consumed neighboring princely states. Khanderao himself was considered a cooperative ruler, which allowed Baroda unusual latitude in maintaining its own currency infrastructure well into the latter half of the 19th century.

Y#7.3 denotes a specific die variety within a series that saw multiple overlapping issues — attribution between the sub-varieties depends primarily on minor differences in the arrangement of the Persian script rather than anything detectable at a glance.