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Independent Kingdoms: Maratha Confederacy, silver rupee, Murtazabad (Miraj) mint, M&W T2, dated FE?

Currency:INR Category:Coins & Paper Money Start Price:NA Estimated At:500,000.00 - 700,000.00 INR
Independent Kingdoms: Maratha Confederacy, silver rupee, Murtazabad (Miraj) mint, M&W T2, dated FE?
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Maratha Confederacy, silver rupee, Murtazabad (Miraj) mint, M&W T2, dated FE? 122x, RY 27, 11.38g. Obv: Farsi legend shah alam bahadur badshah ghazi, Devanagari legend Shri Ganapati; date 122x below. Rev: Mint name, RY and Julus formula, Devanagari legend Shri Pantapradhan.

Extremely fine with tone, Exceedingly rare.

One of the most glamorous Maratha coin, popularly known as the 'Ganapati-Pantapradhan rupee', was struck by the Patwardhans of Miraj to indicate their loyalty to the Peshwa by explicitly mentioning the Marathi version of his title on it. It is likely to have been struck when the Patwardhans were drawn into a conflict with the Chhatrapatis of Kolhapur during the late 18th century - the date is most probably in the Fasli Era, corresponds to 1792 AD.