KM Numismatics
Auction 4 19 Jun 2022
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AH963-1014 MUGHAL AKBAR MAHMUDI MS65
Mughal, Akbar (AH 963-1014, 1556-1605 AD), Silver Mahmudi, 5.63 gms, 14.64 mm, Mulher Mint (off flan), Mahmudi coinage, struck at Mulher by the Rajah of Baglana in the name of Jalal al-Din Muhammad Akbar the Great, Obv : Akbar's name & title (Laqab), and hijri date, Rev : kalima shahada in square, These were circulated widely in the area of Surat & its borders, Baglana was a small Mahratta kingdom of India that was situated on the main trade route between Surat and Daulatabad and Golkonda, with Burhanpur nearby. This Mahmudi coin was made to trade with Persian merchants at sea port of Surat (Bandar -I- Mubarak Surat) and was continuously produced even after Akbar's death. The weight of the Mahmudi is almost equal to a half imperial rupee (c.5.5-5.6 g.), but its fineness was considerable less (0.865) and therefore the official exchange rate in 1619 was 1:2.3 à 2.4 and from 1630 onwards 1:2,25. different coins have been reported with different mint marks below the word Akbar such as – fish, heart, crescent, Swastika, branch, spear, flag (dhwaj) and the last without any markings, Some of the Mahmudis bear posthumous dates, KM # 72.1, extremely rare denomination and grade.
Mughal, Akbar (AH 963-1014, 1556-1605 AD), Silver Mahmudi, 5.63 gms, 14.64 mm, Mulher Mint (off flan), Mahmudi coinage, struck at Mulher by the Rajah of Baglana in the name of Jalal al-Din Muhammad Akbar the Great, Obv : Akbar's name & title (Laqab), and hijri date, Rev : kalima shahada in square, These were circulated widely in the area of Surat & its borders, Baglana was a small Mahratta kingdom of India that was situated on the main trade route between Surat and Daulatabad and Golkonda, with Burhanpur nearby. This Mahmudi coin was made to trade with Persian merchants at sea port of Surat (Bandar -I- Mubarak Surat) and was continuously produced even after Akbar's death. The weight of the Mahmudi is almost equal to a half imperial rupee (c.5.5-5.6 g.), but its fineness was considerable less (0.865) and therefore the official exchange rate in 1619 was 1:2.3 à 2.4 and from 1630 onwards 1:2,25. different coins have been reported with different mint marks below the word Akbar such as – fish, heart, crescent, Swastika, branch, spear, flag (dhwaj) and the last without any markings, Some of the Mahmudis bear posthumous dates, KM # 72.1, extremely rare denomination and grade.