Puvitta Ananthavarahan - Ayillyam Thirunal Rani Gouri Laxmi Bayi

Ayillyam Thirunal Gouri Laxmi Bayi ruled Travancore as regent from 1811 following the death of her husband, the previous raja, acting on behalf of her minor son. Her administration coincided with the consolidation of British subsidiary alliance arrangements that had bound Travancore to the East India Company since 1795, meaning the kingdom's fiscal and monetary decisions operated under sustained external pressure throughout the entire period this coin was struck.

Gold fanam-weight issues of this type circulated within a monetary system that ran parallel to Company coinage — accepted locally but increasingly marginal as British Indian currency expanded its reach into the princely states during the 1830s.