This is a pattern piece, not a currency issue — struck to evaluate a proposed lightweight 5-rupee gold denomination that was never adopted for circulation. The East India Company commissioned pattern coinage sporadically through the 1830s as it rationalized the subcontinental currency system, culminating in the Coinage Act of 1835, which standardized rupee denominations across the presidencies. A uniface strike indicates this was almost certainly a trial of the obverse die only, with no corresponding reverse prepared or approved.
This is a pattern piece, not a currency issue — struck to evaluate a proposed lightweight 5-rupee gold denomination that was never adopted for circulation. The East India Company commissioned pattern coinage sporadically through the 1830s as it rationalized the subcontinental currency system, culminating in the Coinage Act of 1835, which standardized rupee denominations across the presidencies. A uniface strike indicates this was almost certainly a trial of the obverse die only, with no corresponding reverse prepared or approved.