Hunnic Obol - HAKA

The Hephthalite and associated Hunnic successor issues circulating through Sindh in the sixth century emerged from a period when the subcontinent's northwest was fragmented among competing steppe-descended polities following the collapse of Gupta imperial authority. These tiny silver fractions — struck for local exchange rather than imperial projection — often borrowed degraded fire-altar and bust iconography from Sasanian prototypes, a monetary shorthand inherited across multiple dynastic handoffs. The HAKA designation in dealer and auction literature is a conventional identifier, not an ancient inscription.