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Muhammad Shah (AH 1131-1161 /1719-1748 AD), Gwaliar Mint, Silver ½ Rupee, Obv: Persian legend “(Sikka Mubarak) Badshah Ghazi Muhammad Shah”, Rev: Persian legend "sana julus" &amp; "zarb Gwaliar" almost mint visible at the bottom, 5.76g, 18.36mm, (KM # 433.5), no test mark, choice quality, AU, Very Rare.

Note: During the reign of Muhammad Shah, Gwalior remained one of the most important Mughal strongholds in central India. Dominated by its famous hill fort, the city occupied a strategic position between the Mughal heartlands of northern India and the contested regions of Malwa and the Deccan. As Maratha influence expanded across central India during the eighteenth century, Gwalior assumed increasing military importance, serving as a key centre for the projection of Mughal authority in the region. Coinage struck at the mint belongs to this period of growing political and military competition in central India.

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