Maratha Confederacy, Silver ½ Rupee, 5.52g, Pseudo (Arkat) Mint, INO Shah Alam II, AH (1)197/17 RY (71 retrograde), copying the style of the Rupees struck by French India (EIC) at Pondicherry. Nagari 'Shri' on obverse and additional 'Cobra', crescent on reverse seen. A similar Rupee coin is known in a private collection with clear mint name due to larger rupee flan. The Mint name on the coin is just a copy of the remnants of 'Arkat' with illegible bits following it, coin like this turn up in Central Maharashtra and their attribution is uncertain, they could have been struck by Maratha or struck at Jagir in Marathawada under Nizams. Arkat rupee was the most popular coin circulating in Deccan so it was imitated at number of places. Above coin is the first known till date. Unlisted. Very Fine+, Extremely Rare. View Lot Details