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2 Paisa - Khande Rao

Issuer Baroda Mint
Year 1865-1869
Type Standard circulation coin
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Obverse lettering خیل خاص شمشیر بہادر
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Reverse script Devanagari
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Additional information

Khanderao Gaekwad II ruled Baroda for less than a decade before dying in 1870, leaving no heir and triggering a succession crisis that would eventually draw direct British intervention. The coins struck under his name reflect a princely state still exercising meaningful monetary autonomy — Baroda maintained its own mint and currency system well into the late 19th century, a privilege increasingly curtailed across other native states during the same period.

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