Indore Princely State, Shivaji Rao Holkar Copper ¼ Anna Copper Historical Coin

Indore Princely State, Ruler: Shivaji Rao Holkar, r. 1886-1903 CE, Denomination: ¼ Anna (Pav Anna), Composition: Copper, Weight: 5.85 grams, Diameter: 25.5 mm, Reference: KM#32, Grade: As per Images.

Obverse: Continuous legend with a bull reclining to the left, surrounded by a Devanagari inscription reading “Shrimant Maharaj Holkar Sarkar Indore.” 

Reverse: Vikram Samvat date below the denomination in Devanagari, surrounded by a decorative wreath. The coin bears the denomination “पाव आना” (Quarter Anna) and the Vikram Samvat date.

The princely state of Indore, ruled by the Holkar dynasty, was an important Maratha state in central India. Its rulers maintained a distinct coinage system that reflected their royal authority and regional identity. Copper coins such as the quarter anna were used for everyday commercial transactions, supporting local markets and trade. The inscriptions in Devanagari script and traditional motifs connected the coinage with the administrative and cultural heritage of the Holkar state.

Coinage Note: This copper ¼ Anna of Shivaji Rao Holkar belongs to the coinage of the Indore Princely State, The obverse features a reclining bull surrounded by the continuous Devanagari legend identifying the Holkar government of Indore. Catalogued as KM#32, this coin represents a notable example of the late Holkar coinage tradition. Variations exist in the inscriptions and date placement, making careful identification important for collectors of Indian princely-state coins.