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1/3 Mohur Ashrafi - Azad Hotaki Isfahan mint

Issuer Hotak dynasty
Year 1754-1757
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Currency Shahi (1501-1798)
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Reverse description Hammered gold flan with the mint and regnal inscription arranged within a scalloped or cloud-collar cartouche that dominates the central field. The legend is struck in bold Nasta'liq script and records the mint name Dar al-Saltana Isfahan together with the erroneous AH date 1107 (intended as AH 1170). The cartouche outline is formed by a continuous lobed border, and the surrounding field is essentially plain, consistent with the hammered coinage tradition of the period.
Reverse script Arabic
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Additional information

The Hotak dynasty's grip on Persia was already collapsing by the time these coins were struck at Isfahan. Mahmud Shah's forces had taken the Safavid capital in 1722, but the occupation was administratively chaotic and militarily unsustainable. By the mid-1750s, the dynasty was reduced to a rump authority under Azad Khan Afghan, whose coinage at Isfahan represents one of the final gasps of Hotak monetary control before Karim Khan Zand consolidated power across Iran.

The Isfahan mint had been one of the Safavid empire's most productive. That it continued striking under successive conquerors speaks to how deeply the infrastructure outlasted its original patrons.

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