8 Anna - Mir Usman Ali Khan 1366 (1947) front 8 Anna - Mir Usman Ali Khan 1366 (1947) back
8 Anna - Mir Usman Ali Khan 1366 (1947) photo
© Joseph Kunnappally

8 Anna - Mir Usman Ali Khan

1366 (1947) year
Nickel 5.5 g 23.8 mm
Description
Issuer
Princely state of Hyderabad
Ruling authority
Mir Osman Ali Khan (1911-1948)
Type
Standard circulation coin
Year
1366 (1947)
Calendar
Islamic (Hijri)
Value
8 Annas (½)
Currency
Rupee (1762-1950)
Composition
Nickel
Weight
5.5 g
Diameter
23.8 mm
Thickness
2.0 mm
Shape
Round
Technique
Milled
Orientation
Medal alignment ↑↑
Demonetized
Yes
Updated
2024-10-05
References
Numista
N#42300
Rarity index
57%

Reverse

Inside circle, value in Urdu
Outside circle, legend in Urdu:"37 Julus Maimanat Manus Zarb Farkhanda Bunyad - Hyderabad"

Lettering: ٣٧

Translation:
Eight annas
Struck at Farkhanda bunyad, Hyderabad, in the (RY) 37th year of tranquil prosperity

Edge

Security

Comment

- His Exalted Highness Nizam Sir Mir Osman Ali Khan Siddiqi Asaf Jah VII , born Mir Osman Ali Khan Bahadur , was the last Nizam (or ruler) of the Princely State of Hyderabad and of Berar. He ruled Hyderabad between 1911 and 1948, until it was annexed by India.
 Later he was made the Rajpramukh of Hyderabad State on 26 January 1950 and continued until 31 October 1956, after which the state was partitioned on a linguistic basis and became part of Andhra Pradesh, Karnataka and Maharashtra.
During his days as Nizam, he was reputed to be the richest man in the world, having a fortune estimated at US $2 billion in the early 1940s ($33.8 billion today) or 2 per cent of the US economy then. At that time the treasury of the newly independent Union government of India reported annual revenue of US $1 billion only. He was portrayed on the cover of TIME magazine on 22 February 1937, described as the world's richest man. The Nizam is widely believed to have remained as the richest man in South Asia until his death in 1967, though his fortunes fell to US$1 billion by then and became a subject of multiple legal disputes between bitterly fighting rival descendants.

- For location of date and RY (see image below)

Interesting fact

The interesting fact about this coin is that it was minted in 1947, which was the year that India gained independence from British colonial rule. This coin, bearing the image of Mir Usman Ali Khan, the last Nizam of Hyderabad, serves as a symbol of the transition from colonial rule to independent nationhood.

Price

Date Mintage VG F VF XF AU UNC
1366 (1947)  - - - - - -

Values in the table are based on evaluations by sales realized on Internet platforms. They serve as an indication only for 8 Anna - Mir Usman Ali Khan 1366 (1947) coin.