1 Mithqal - Muhammad Khodabanda Safavi (type A; Kashan) 985 (1578) front 1 Mithqal - Muhammad Khodabanda Safavi (type A; Kashan) 985 (1578) back
1 Mithqal - Muhammad Khodabanda Safavi (type A; Kashan) 985 (1578) photo
© سامعی (CC BY)

1 Mithqal - Muhammad Khodabanda Safavi type A; Kashan

985 (1578) year
Gold 4.67 g -
Description
Issuer
Iran
Shah
Mohammad I Khodabanda (1578-1587)
Type
Standard circulation coin
Year
985 (1578)
Calendar
Islamic (Hijri)
Value
1 Mithqal (48)
Currency
Shahi (1501-1798)
Composition
Gold
Weight
4.67 g
Shape
Round (irregular)
Orientation
Coin alignment ↑↓
Demonetized
Yes
Updated
2024-10-05
References
Numista
N#291273
Rarity index
97%

Reverse

Lettering:
لا اله الا الله
محمد رسول الله
علی ولی الله

Edge

Plain

Interesting fact

One interesting fact about the 1 Mithqal - Muhammad Khodabanda Safavi (type A; Kashan) 985 (1578) gold coin from Iran is that it was issued during the reign of Shah Muhammad Khodabanda, who was the second Safavid king and ruled from 1578 to 1587. This coin was part of a new currency system introduced by the Safavid dynasty, which aimed to replace the traditional currency of the time, the "shahi," with a new coin called the "mithqal." The mithqal was equivalent to 1/20 of a shahi and was made of gold, while the shahi was made of silver. This change in currency was an attempt to stabilize the economy and increase trade within the region.