Copper Paisa of Ratlam State ‘Raej’ Issue INO Shah Alam II (AD 1759-1806) Anonymous Battle-Axe Type

Ratlam State, ‘Raej’ Issue, INO Shah Alam II (AD 1759-1806), Copper Paisa, Obv: Shah Alam II inscription & Battle-Axe Type, Rev: Persian Inscription, within decorative dotted circle persian ‘Raej’, 13.30 Gms, (Dr. S.K. Bhatt, Type 154), Very Fine, Rare large flan.

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This exceptional Copper Paisa from Ratlam State represents a fascinating piece of Indian numismatic history from the late Mughal period. Issued during the reign of Shah Alam II (1759-1806), this coin showcases the ‘Raej’ (Royal) issue, featuring the distinctive Battle-Axe Type design on the obverse with Shah Alam II’s inscription. The reverse displays an elegant Persian inscription within a decorative dotted circle, also bearing the ‘Raej’ marking.

Weighing 13.30 grams and catalogued as Type 154 in Dr. S.K. Bhatt’s authoritative reference, this coin is graded in Very Fine condition with a remarkably large flan—a notable characteristic that enhances its appeal. Ratlam State coins from this period are highly sought after by serious collectors due to their limited mintage and historical significance during a transformative era in Indian monetary systems.

The combination of excellent preservation, rare large flan, and authenticated provenance makes this an outstanding acquisition for numismatists and history enthusiasts. Its rarity and the meticulous craftsmanship evident in the striking make it both a prized collectible and a tangible connection to India’s rich colonial-era heritage.

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