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6 Gani - Muhammad bin Tughluq
| Issuer | Delhi Sultanate |
|---|---|
| Year | 1325-1351 |
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| Value | Log in to see details |
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| Composition | Log in to see details |
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| In circulation to | Log in to see details |
| Reference(s) | GG#D377 |
| Obverse description | Log in to see details |
|---|---|
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| Obverse lettering | الراجي رحمة الله الكريم |
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| Reverse lettering | محمد بن تغلق سنة سبع وعشرين وسبعمائة |
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| Additional information |
Muhammad bin Tughluq's monetary experiments are among the most documented economic disasters of medieval India. His decision in the 1320s–30s to introduce token coinage — brass and copper standing in for silver — collapsed when the sultanate failed to control counterfeiting, which subjects undertook so prolifically that the treasury was overwhelmed with tokens redeemed for gold and silver. The billon issues occupy a different register from that particular catastrophe, but they belong to a reign defined by chronic fiscal improvisation.
The GG#D377 type falls within a coinage system reorganized multiple times under Muhammad's direct orders.