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Hyderabad State, Nizam Ali Khan Asaf Jah II&nbsp;(AH 1175-1218/1761-1803 AD), Khujista Bunyad (Aurangabad) Mint (Off flan), Silver Rupee, In the name of&nbsp;Shah Alam II,&nbsp;&nbsp;Obv:&nbsp;Persian legend "Sikka Mubarak Badshah Ghazi Shah Alam",&nbsp;Rev:&nbsp;Persian legend "sana julus" with Devanagari “राम” (Ram) legend Inverted &amp; “zarb Khujista Bunyad” off flan at the bottom,&nbsp;11.18g, 22.72mm,&nbsp;(Unlisted in KM), gash on the edge, test marks, about extremely fine,&nbsp;Exceedingly Rare.<o:p></o:p>

&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Note:&nbsp;This&nbsp;unusual coin&nbsp;issued under the Nizam features the name of the Hindu deity&nbsp;“Ram” (राम)&nbsp;in&nbsp;Devanagari script, likely serving as a&nbsp;mint mark&nbsp;or indicating the issuer. Struck during a period of&nbsp;political instability—after the Nizam’s defeat at the&nbsp;Battle of Rakshasbhuvan (1763)&nbsp;and amidst a power struggle in the Maratha court—the use of&nbsp; “Ram” is significant. It suggests the mint may have been&nbsp;operated by a Hindu official&nbsp;or at a&nbsp;Jagirdar’s Estate&nbsp;under Nizam’s authority, using “Ram” as a symbol of&nbsp;local control or legitimacy.<o:p></o:p><o:p></o:p>&nbsp;

Hyderabad State, Nizam Ali Khan Asaf Jah II, Silver Rupee, Khujista Bunyad Mint, Inverted Devanagari “राम” (Ram) Mint-Mark, Unlisted in KM, Exceedingly Rare.

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