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<span style="-webkit-text-stroke-width:0px;display:inline !important;float:none;font-style:normal;font-variant-caps:normal;font-variant-ligatures:normal;font-weight:400;letter-spacing:normal;orphans:2;text-align:justify;text-decoration-color:initial;text-decoration-style:initial;text-decoration-thickness:initial;text-indent:0px;text-transform:none;white-space:normal;widows:2;word-spacing:0px;">Ancient Central Malwa, City-State of Mahismati (200 BC), Narmada Valley,&nbsp;Copper Alloy Unit, Counterstrucked by Madasmati, Obv: a&nbsp;three-arched hill (chaitya)&nbsp;with crescent, hollow cross beside of it, traces of Brahmi legend&nbsp;“Mahismati”&nbsp;above, square countermark consisting a female deity standing facing in the left field, three-arched hill with crescent, an Indradhvaja and a nandipada symbol above, traces of Brahmi legend “Madasmati” below, Rev:&nbsp;uniface,&nbsp;9.7g, 22.91mm,&nbsp;(PAIC # 811-813),&nbsp;lovely patina, choice quality, about extremely fine, Extremely Rare.

Note: Mahismati&nbsp;is commonly identified with modern&nbsp;Maheshwar, located south of Indore on the northern bank of the Narmada River. These coins, often found&nbsp;overstruck by issues of Madasmati, suggest that the differing legends are more than mere engraving errors—they likely reflect distinct phases of local governance or political transition. In 2005,&nbsp;Kulkarni&nbsp;proposed identifying ancient&nbsp;Madasmati&nbsp;with&nbsp;Mandhata, approximately 50 km from Mahismati, reinforcing the close geographical and cultural connection between these sites.<o:p></o:p>This particular coin type originates from the&nbsp;city-state of Mahismati&nbsp;and appears to have been&nbsp;overstruck by its own later issues, indicating continued local minting activity.&nbsp;Unlisted in Pieper’s catalog, it combines punch marks similar to those numbered&nbsp;811 and 813, representing a&nbsp;new and significant variety&nbsp;that warrants&nbsp;further scholarly study.An important and historically significant coin from&nbsp;<span style="mso-bidi-font-family:&quot;Times New Roman&quot;;mso-bidi-language:HI;mso-fareast-font-family:&quot;Times New Roman&quot;;mso-hansi-font-family:&quot;Times New Roman&quot;;" lang="EN-US" dir="ltr">ancient India,&nbsp;<span style="mso-bidi-font-family:&quot;Times New Roman&quot;;mso-bidi-language:HI;mso-fareast-font-family:&quot;Times New Roman&quot;;mso-hansi-font-family:&quot;Times New Roman&quot;;" lang="EN-US" dir="ltr">being offered for the first time in any auction.<o:p></o:p><o:p></o:p>

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