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1 Paise WW II Cash Coupon

Issuer Wankaner State
Year
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Shape Rectangular
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Obverse description Green letterpress print on salmon-pink paper stock, with a rectangular border of fine rule lines enclosing the central vignette. A portrait bust of the ruling chief occupies the centre within an arched guilloche-style frame with scrollwork at the corners; the denomination numeral '1' appears in corner cartouches at all four angles. The legend 'ONE PAISE' is printed across the top panel in bold Roman capitals, 'WANKANER STATE' appears in a curved tablet at the foot of the portrait frame, and Gujarati script inscriptions run vertically along both lateral margins as well as horizontally across the bottom panel.
Obverse lettering ONE PAISE
WANKANER STATE
વાંકાનેર રાજ્ય
એક પૈસો
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Comments

Wankaner was one of the smaller Kathiawar princely states in present-day Gujarat, and its wartime cash coupons were a direct response to the acute small-denomination coin shortage that gripped British India from around 1942 onward. The colonial government's metal requirements for the war effort stripped circulation of low-value coins, and many princely states — Wankaner among them — stepped in with emergency paper substitutes for fractions of a rupee.

The 1 Paise denomination is about as low as emergency scrip gets. These coupons circulated locally and were theoretically redeemable, though the redemption mechanism in smaller states was often informal at best.

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