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1 Paika - Muhammad bin Tughluq ND
Copper | 3.61 g | 15.20 mm |
Issuer | Sultanate of Delhi (Indian Sultanates) |
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Sultan | Muhammad bin Tughluq (1325-1351) |
Type | Standard circulation coin |
Years | 1325-1351 |
Value | 1 Paika (1⁄48) |
Currency | Tanka (1206-1526) |
Composition | Copper |
Weight | 3.61 g |
Diameter | 15.20 mm |
Shape | Round (irregular) |
Demonetized | Yes |
Updated | 2024-10-05 |
Numista | N#88856 |
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Rarity index | 90% |
Reverse
Muhammad bin tughluq shah
No date. South Indian type.
Interesting fact
The 1 Paika coin minted during the reign of Muhammad bin Tughluq (1325-1351) is an interesting piece of history because it was issued during a time of significant economic and monetary reforms in the Sultanate of Delhi. One of the notable changes made by Muhammad bin Tughluq was the introduction of a new currency system, which included the use of copper coins like the 1 Paika, alongside silver and gold coins. This coinage system was designed to promote trade and commerce, and it helped to establish the Sultanate of Delhi as a major economic power in the region. The fact that the 1 Paika coin was made of copper, a relatively inexpensive metal, also speaks to the efforts of the Sultanate to make currency more accessible to a wider range of people, including those in lower socio-economic brackets. Overall, the 1 Paika coin serves as a reminder of the innovative economic policies and monetary reforms implemented during Muhammad bin Tughluq's reign.