Ghiyath al-Din Tughluq founded the Tughluq dynasty after overthrowing the last Khilji ruler, Khusrau Khan, in 1320 — a reign that lasted only five years before he died when a pavilion collapsed on him at Afghanpur, an event many contemporaries suspected was arranged by his own son, the future Muhammad bin Tughluq. This small billon fractional issue belongs to that compressed, politically volatile window.
The debased silver content reflects pressures inherited from late Khilji monetary chaos rather than any policy of Ghiyath al-Din himself, who was by most accounts a fiscally conservative ruler.
Ghiyath al-Din Tughluq founded the Tughluq dynasty after overthrowing the last Khilji ruler, Khusrau Khan, in 1320 — a reign that lasted only five years before he died when a pavilion collapsed on him at Afghanpur, an event many contemporaries suspected was arranged by his own son, the future Muhammad bin Tughluq. This small billon fractional issue belongs to that compressed, politically volatile window.
The debased silver content reflects pressures inherited from late Khilji monetary chaos rather than any policy of Ghiyath al-Din himself, who was by most accounts a fiscally conservative ruler.