🧭 🔸 Rare ½ Pice | 1901 Gwalior State | EF40 | Madhao Rao | Lowest Mintage Year | Princely India
₹1,500
Denomination: ½ Pice
📆 Year: 1901 AD
🏛️ State: Gwalior Princely State
👑 Issuer: H.H. Madhao Rao Scindia
⚖️ Grade: EF40 – Extremely Fine, showing light circulation with full details
📉 Mintage Note: Lowest known mintage year – only 26% of total series output struck in 1901
This rare ½ Pice coin from Gwalior State, dated 1901, is one of the most difficult dates to acquire in the series due to its extremely low mintage. Under the rule of Maharaja Madhao Rao, Gwalior was a powerful Maratha-ruled princely state that issued its own distinctive coinage even during the British Raj.
The coin, struck in copper, often bears Nagari and Persian legends, with clear regional iconography reflecting the semi-autonomous authority of the state.
Its EF40 condition ensures crisp legends, minimal wear, and outstanding eye appeal—especially rare for a coin from this politically transitional and low-output year.