Copper Paisa of Muhiabad Poona Mint of Maratha Confederacy(17th-18th Cen. AD) with Nagfani/Cobra

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This is an exceptional Copper Paisa coin from the Maratha Confederacy, minted at the prestigious Muhiabad Poona Mint during the 17th-18th century AD. Issued under the authority of INO Shah Ali Gauhar, this historical numismatic specimen represents a pivotal period in Indian monetary history when the Maratha Empire exerted significant influence across the subcontinent.

The coin features a Persian legend “Shah Ali Gauhar” on the obverse, while the reverse displays “Falus” with the distinctive nagfani (cobra hood) mint mark—a unique identifier of the Poona Mint. Weighing 7.58 grams, this copper coin exemplifies the craftsmanship of medieval Indian minting practices.

Graded in Very Fine condition, this piece shows only minimal wear consistent with age and circulation, making it an attractive addition to any numismatic collection. Its scarcity and historical significance make it particularly valuable for collectors interested in Maratha history, Indian coinage, or medieval currency systems. Referenced in Ganesh Nene’s authoritative catalog (RB # 34), this coin’s provenance is well-documented, enhancing its credibility and investment potential for serious collectors and history enthusiasts alike.

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