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Rupee - Shah Alam II Maratha Confederacy
| Issuer | Maratha Empire |
|---|---|
| Year | 1755-1772 |
| Type | Log in to see details |
| Value | 1 Rupee |
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| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Log in to see details |
| Obverse lettering | سایه فضل الله |
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| Mint | Log in to see details |
| Mintage | ND (1755-1772) |
| Additional information |
Shah Alam II's name appeared on Maratha-struck rupees not out of loyalty but political calculation. After Panipat in 1761 shattered Maratha power in the north, the Confederacy rebuilt its influence by minting in the Mughal emperor's name — a fiction of imperial sanction that legitimized revenue collection without requiring actual Mughal authority. Shah Alam himself spent much of this period effectively a fugitive, sheltering under British protection at Allahabad after 1765.
The practice of striking in a nominal overlord's name while retaining real fiscal control was well established across the subcontinent by this date.