1 Tanka - Sikandar Shah Delhi Sultan

Sikandar Shah Lodi ruled at a moment when the Delhi Sultanate was already contracting under pressure from Afghan tribal factionalism and the rising power of regional sultanates. His tanka issues in billon reflect a debased monetary standard that had been declining since the late Tughlaq period — the silver content in circulation coinage had eroded steadily across successive reigns, and Lodi-era pieces represent the practical floor of that debasement. Sikandar died in 1517, leaving Ibrahim Lodi to face Babur at Panipat nine years later, effectively ending the sultanate entirely.