Copper 1/4 Falus of Mahmud Shah I(AD 1436-69) of Malwa Sultanate M45 Rare Denomination

Malwa Sultanate, Mahmud Shah I(AH839-873/1436-1469AD), Copper 1/4 Falus, Obv: abu ‘l muzaffar mahmud shah khalji, Rev: dar-al-mulk Shadiabad, 1.18 Gms, 9.89 mm, (G&G M45), About Extremely Fine, Very Rare Fractional Denomination.

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This exceptional copper 1/4 Falus represents a significant piece of medieval Indian numismatic history from the Malwa Sultanate. Minted during the reign of Mahmud Shah I (1436-1469 AD), this fractional denomination coin weighs 1.18 grams and measures 9.89 mm in diameter. The obverse features the Arabic inscription “Abu ‘l Muzaffar Mahmud Shah Khalji,” while the reverse bears “Dar-al-Mulk Shadiabad,” identifying the mint city.

Graded as Extremely Fine, this coin displays remarkable preservation for its age, with crisp details and minimal wear. What makes this piece particularly compelling is its status as a rare fractional denomination—smaller denominations like the 1/4 Falus were struck in limited quantities and rarely survived centuries of circulation, making them highly sought after by serious collectors.

Documented in the G&G (Goron & Goenka) catalog as M45, this attribution enhances its authentication and desirability. The Malwa Sultanate period (1401-1531) represents a fascinating era of regional Islamic rule in central India, and coins from this era provide valuable insights into medieval trade, administration, and artistic expression. For numismatists and history enthusiasts, this piece offers both historical significance and investment potential.