Note: This remarkable and previously unrecorded denomination was issued during the turbulent conflict between the Patwardhans of Miraj and the Kolhapur Chhatrapatis. The fort of Miraj, granted as a jagir to Govind Hari Patwardhan by Madhavrao Peshwa, served as the issuing site.

Commonly known among numismatists as the “Ganapati–Pantapradhan Rupee,” this coin was struck by the Patwardhans to express their allegiance to the Peshwas. The inscription “Pantapradhan” — meaning Prime Minister — proudly honors the Peshwa’s exalted title and symbolizes the administrative and political hierarchy of late Maratha governance.

This example represents the first known appearance of a 1/8 Rupee (Two Annas) of this type in any public auction. Unpublished and unlisted in standard reference catalogs including the Wiggins, and Krause-Mishler.

A coin of immense rarity and historical importance — a true highlight for advanced collectors of Maratha or Mughal–feudatory coinage.

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