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1 Rupee - Shah Alam II - Miraj Mint

Issuer Maratha Confederacy
Year 1759-1806
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Shape Round
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Obverse description Hammered silver flan bearing bold Arabic calligraphic legend in the field, reading the royal titulature of the Mughal emperor Shah Alam II. The inscription is arranged in multiple registers across the coin face, with characteristic Naskh-style script. A horizontal line divides the field, with dotted ornamental pellets visible in the lower register. The irregular, hand-struck flan displays typical characteristics of late Mughal-era hammered coinage produced at provincial mints under Maratha authority.
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Obverse lettering سکه مبارک بادشاه غازی شاه عالم
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Additional information

Shah Alam II's name appeared on Maratha-controlled mint output for decades after the emperor himself had lost any meaningful authority — a deliberate fiction that gave the Confederacy's coinage a veneer of Mughal legitimacy while the Delhi throne was effectively a political prop. Miraj, a small princely state in the Deccan under Maratha suzerainty, operated its mint under this arrangement throughout a period that included the catastrophic Maratha defeat at Panipat in 1761.

The nearly half-century date range of KM#307 reflects continuous restruck or re-dated production long after the nominal imperial authority had collapsed entirely.

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