Copper 1/2 Anna of Mulhar Rao II(AD1811-33) of Indore State KM 27 Rare

Indore State, Mulhar Rao II, (AH1226-1248/1811-1833AD), Copper 1/2 Anna, Obv: Persian Inscription, Battle-Axe Mint Mark, Date in Nagari 1241, Rev: Julus, Dagger Mint Mark, 15.66 Gms, 24.96 mm, (KM 27), About Very Fine, Rare. 

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This is an exceptional copper 1/2 Anna coin minted during the reign of Mulhar Rao II of Indore State, one of the prominent princely states of central India. Issued between AH1226-1248 (AD1811-1833), this numismatic piece represents a fascinating chapter in Indian colonial-era coinage. The obverse features elegant Persian inscriptions with a distinctive battle-axe mint mark and the date rendered in Nagari script (1241), while the reverse displays the royal julus (parasol symbol) with a dagger mint mark—both indicative of the ruler’s sovereignty. Weighing 15.66 grams with a diameter of 24.96mm, this KM 27 catalogued specimen exhibits a Very Fine condition, showcasing remarkable preservation for its age. The rarity of this coin stems from limited mintage during Indore State’s independent coinage period, before broader currency standardization. Collectors and numismatists highly value such regional Indian coins for their historical significance, artistic merit, and scarcity. This piece exemplifies the rich heritage of pre-modern Indian minting practices and serves as an excellent investment for serious collectors interested in Indian princely state coinage.