The Madras Presidency continued striking rupees in the name of Alamgir II well after his murder in 1759 — a practice that was entirely deliberate. The East India Company calculated that circulating coins bearing a Mughal emperor's name carried greater acceptance across regional markets than anything openly British-issued. By the time this series ended in 1799, Alamgir II had been dead for four decades.
The Madras Presidency continued striking rupees in the name of Alamgir II well after his murder in 1759 — a practice that was entirely deliberate. The East India Company calculated that circulating coins bearing a Mughal emperor's name carried greater acceptance across regional markets than anything openly British-issued. By the time this series ended in 1799, Alamgir II had been dead for four decades.