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2 Pai - Mir Usman Ali Khan

2 Pai - Mir Usman Ali Khan -  obverse2 Pai - Mir Usman Ali Khan -  reverse

© Joseph Kunnappally

Features

Country Princely state of Hyderabad
(Indian states and kingdoms)
Type Standard circulation coin
Years 1362-1368 (1943-1949)
Calendar Islamic (Hijri)
Value 2 pai (1/96)
Currency Rupee (1762-1950)
Composition Bronze
Weight 1.1 g
Diameter 16 mm
Thickness 0.87 mm
Shape Round with a hole
Demonetized 1959
References Y# 58
Modern World Coins & Current Coins of the World
by Richard S. Yeoman
(Whitman Publishing)

Obverse

Divided legend in Urdu '92, Asaf Jah Nizam Al-Mulk Bahadur', AH date, value 'Do Pai' below

Lettering:
٩٢
١٣٦٨
حیدرآباد

Translation:
92
1368
Two Pie

Reverse

Legend in Urdu, '(RY) Julus Maimanat Manus Zarb Farkhanda Bunyad - Hyderabad '

Lettering:
٣٩
بهادر
دو پای

Translation: Struck at Farkhanda bunyad, Hyderabad, in the (RY) 39th year of tranquil prosperity

Edge

Plain

Comments

Location of date and Regnal year (click on image below)
                                                                                                       

Hyderabad State was the richest and the senior most (21-gun) salute state among Indian Princely States during the period of Nizam. Hyderabad was spread over 223,000 km (86,000 sq mi) region in the Deccan, ruled by the Asaf Jahi dynasty, who had the title of Nizam and was conferred the title of His Exalted Highness and "Faithful Ally of the British Government" by the United Kingdom, the only Indian prince to be given these both statuses. The rule of the Nizams brought cultural and economic growth for Hyderabad city. One example of the wealth of Nizam rule is the Jewels of the Nizams, which is an international tourist attraction displayed in Salar Jung Museum. The land area of the state was 223,000 km (86,000 sq mi). In 1948 it had an estimated population 1.7 crore and an estimated annual revenue of £90,029,000.Hyderabad State printed its own currency, the Hyderabadi rupee, until the introduction of the Indian rupee in 1951. The pace at which the last Nizam Mir Osman Ali Khan amassed wealth made him one of the world's richest man in 1937. As per the Forbes All-Time Wealthiest List of 2008, Nizam Mir Osman Ali Khan is the fifth richest man ever, with an estimated worth of US$210.8 billion.

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Year Mintage G VG F VF XF AU UNC
1362 (1943)  //33
1363 (1944)  //34
1363 (1944)  //35
1364 (1945)  //35
1365 (1946)  //36
1366 (1947)  //37
1368 (1949)  1.11 //39

Values in the table above are expressed in USD. They are based on evaluations by Numista users and sales realized on Internet platforms. They serve as a measure, but they are not intended to be relied upon for buying, selling or exchanging coins. Numista does not buy or sell coins.

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2 Pai - Mir Usman Ali Khan