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Paisa-Shah Alam II

Issuer Maratha Empire
Year 1759-1806
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Currency Rupee (1674-1818)
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Obverse script Arabic/Persian
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Edge Plain
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Additional information

Shah Alam II was a Mughal emperor in name only for much of his reign — captured by the Marathas after the disastrous Third Battle of Panipat in 1761, then effectively a British pensioner after 1803 when Lake's forces took Delhi. The Marathas struck coins in his name throughout these decades, a deliberate political act that borrowed the residual legitimacy of Mughal imperial authority while actual power sat elsewhere. Issuing coinage under a captive emperor's name was a well-practiced fiction on the subcontinent.

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