Catalog
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| Issuer | Gujarat Sultanate |
|---|---|
| Year | 1526-1537 |
| Type | Standard circulation coin |
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|---|---|
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| Reverse lettering | سلطان گجرات |
| Edge | Rough |
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| Additional information |
Qutb-ud-Din Bahadur Shah ruled Gujarat at the precise moment the subcontinent's political order was fracturing — Babur's victory at Panipat in 1526 ended the Lodi Sultanate and announced the Mughal arrival, yet Gujarat remained independent and commercially vital, controlling the western seaboard trade routes to the Persian Gulf and Red Sea. Bahadur Shah would later die in 1537 under circumstances still debated: drowned during a meeting with the Portuguese off Diu, possibly pushed, possibly fled and capsized.
The fractional falus denomination served the dense, low-value transaction economy of Gujarat's port markets.