Gadhaiya Paisa - Inscribed Malwa Region

The Gadhaiya Paisa tradition descended from Sassanian silver drachms carried into Gujarat and Rajasthan by Arab traders and mercenaries from the 7th century onward, the original portrait and fire-altar designs degrading over successive generations of copying until they became nearly unrecognizable abstractions. By the 11th century, regional powers including the Chaulukyas of Anhilwara and the Paramaras of Malwa were issuing their own copper derivatives, adding local inscriptions to assert administrative identity within an otherwise fluid attribution. The "Inscribed" designation separates this type from the anonymous mass issues and occasionally allows dynasty-level attribution.