Jammu and Kashmir has no independent monetary authority and issues no coinage — it is an Indian union territory, and was a princely state absorbed into India in 1947. This piece has no governmental sanction, no issuing authority, and no circulation history. "Fantasy" issues of this type are produced by private mints for the collectibles market, exploiting regional or historical names to suggest legitimacy that does not exist.
Jammu and Kashmir has no independent monetary authority and issues no coinage — it is an Indian union territory, and was a princely state absorbed into India in 1947. This piece has no governmental sanction, no issuing authority, and no circulation history. "Fantasy" issues of this type are produced by private mints for the collectibles market, exploiting regional or historical names to suggest legitimacy that does not exist.