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Independent Kingdoms: Maratha Confederacy, domains of the Peshwas - silver rupee of Phulgaon mint, '

Currency:INR Category:Coins & Paper Money Start Price:NA Estimated At:40,000.00 - 50,000.00 INR
Independent Kingdoms: Maratha Confederacy, domains of the Peshwas - silver rupee of Phulgaon mint, '
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Maratha Confederacy, domains of the Peshwas - silver rupee of Phulgaon mint, 'Ankushi' type in the name of Shah Ali Gauhar, with additional mintmark of a Hibiscus flower on reverse, M&W T1, 11.14g.

Very fine, Rare.

The small village of Phulgaon on the River Bheema to the East of Pune was made into a pleasure destination by Peshwa Baji Rao II during 1812-1815. He constructed several mansions and embankments and encouraged Brahmin families from Pune to settle at 'Phulshahar' as he called it. A mint was operated here to serve this population. Coins bear the mark of a Hibiscus flower which serves as a testimony to the Peshwa's leanings towards Ganesha and also as a pun on the name of the place (flower= 'Phul' in Marathi) where the coins were struck. This coin bears a curious shroff mark of an incused letter 'Ja' on reverse, which is not to be confused with countermarks applied in Janjira State.