India › Ratlam, Princely state of Paisa - Ranjit Singh Rare Coin

Description

Issuer	Princely state of Ratlam (Indian local and princely states)
Type	Standard circulation coins
Year	1928 (1871)
Calendar	Vikram Samvat
Value	1 Paisa (1⁄64)
Currency	Rupee (1759-1819)
Composition	Copper
Weight	9.2 g
Diameter	20 mm
Thickness	5.4 mm
Shape	Round
Demonetized	Yes

This exceptional 1 Paisa coin from the Princely State of Ratlam represents a fascinating piece of Indian numismatic history. Issued during the reign of Ranjit Singh in 1928 (1871 Vikram Samvat calendar), this copper coin weighs 9.2 grams with a diameter of 20mm, making it a substantial piece despite its modest denomination of 1/64 Rupee. Cast in pure copper, the coin showcases the craftsmanship typical of princely state minting during the late 19th century. The Ratlam Paisa holds significant historical value as it documents the monetary autonomy exercised by Indian princely states prior to independence. As a demonetized currency, it no longer holds legal tender status, transforming it into a purely collectible artifact. Collectors particularly seek this coin for its rarity within the Indian numismatic market and its representation of a unique period when princely states maintained independent coin production. This piece appeals to serious collectors interested in Indian history, regional coinage, and pre-independence monetary systems. Its condition, composition, and documented provenance make it an attractive addition to any collection focused on South Asian historical artifacts or numismatic heritage.