1 Rupee - Victoria [Ram Singhji]

Bundi's coinage under Ram Singhji occupied a peculiar administrative space: the state acknowledged British paramountcy through the use of Victoria's name, yet retained enough autonomy to strike its own silver on local standards rather than conform to the Imperial rupee weight. The result is a coin that sits fractionally underweight against the British Indian rupee, a discrepancy tolerated by the Political Agent but never formally resolved during Ram Singhji's tenure, which ran from 1889 until his death in 1927.

Bundi was among the smaller Rajput states in the Hadoti region, perennially overshadowed by its neighbor Kota. Local mint output was modest throughout this period.