4 Gani - Qutb al-din Mubarak Khilji

Qutb al-Din Mubarak Shah's reign lasted just four years before he was murdered by his own favorite, Khusraw Khan, in 1320 — the last Khalji ruler, killed by a man he had elevated from slave to de facto co-regent. The billon issues of this period reflect a treasury already strained by the extravagances of Alauddin's later reign and the administrative chaos that followed his death in 1316.

The 4 gani denomination sits in a fractional series that saw inconsistent alloy quality across the Khalji sultans, and Mubarak's issues are no exception to that pattern of declining silver content.