Indian princely state > Hyderabad 1 Rupee (1895-1901) – Mir Mahbub Ali Khan Rare Silver Coin #V-402

Issuer	Princely state of Hyderabad
Ruling authority	Mahbub Ali Khan (1869-1911)
Type	Standard circulation coins
Years	1312-1318 (1895-1901)
Calendar	Islamic (Hijri)
Value	1 Rupee
Currency	Rupee (1762-1950)
Composition	Silver (.818)
Weight	11.178 g
Diameter	30 mm
Thickness	2 mm
Shape	Round
Technique	Milled
Orientation	Medal alignment ↑↑
Demonetized	Yes

This exceptional 1 Rupee silver coin represents a remarkable piece of Indian numismatic history from the princely state of Hyderabad during the reign of Mir Mahbub Ali Khan (1869-1911). Minted between 1895-1901 (Islamic calendar 1312-1318), this rare silver coin showcases the independent monetary authority that Hyderabad maintained as one of India’s most significant princely states.

Crafted from 81.8% pure silver, the coin weighs 11.178 grams with a substantial 30mm diameter, displaying the high standards of milled coinage typical of the era. Its medal alignment and round shape reflect the sophisticated minting techniques of the period. Though officially demonetized, this historical piece remains highly coveted by collectors of Indian coins, British colonial-era numismatics, and those interested in princely state currencies.

The coin’s rarity stems from its limited production and the historical significance of Hyderabad’s autonomous governance. For serious collectors, this represents not just a monetary artifact but a tangible connection to pre-independence India’s complex political landscape. Its silver content and age make it both a numismatic treasure and a sound investment piece, appealing to history enthusiasts and coin aficionados alike.

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