1 Paika - Muhammad bin Tughluq ND (1325-1351) front 1 Paika - Muhammad bin Tughluq ND (1325-1351) back
1 Paika - Muhammad bin Tughluq ND (1325-1351) photo
© Parimal (CC BY-NC-SA)

1 Paika - Muhammad bin Tughluq ND

 
Copper 3.61 g 15.20 mm
Description
Issuer
Sultanate of Delhi (Indian Sultanates)
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
References
Numista
N#88856
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.