A beautiful specimen with brilliant details, struck in high relief with glowing lustrous surfaces, and of the highest rarity.
Mint state, virtually as struck, Exceptionally rare.

A gold issue of exceptional rarity, only two or three of these enigmatic gold mohurs are known to exist in collectors' hands. The VS date suggests the mohur was struck towards the end of the reign of Tukoji Rao II Holkar XI.
Believed to have been struck for a special event for the ruling family.

Throughout his reign, and particularly after 1862, the state of Indore was pressured by British authorities to stop hand struck coinage with an ultimate aim of depriving Indore of its independent currency totally. The state responded by conducting several experiments - the series of 'Mudra' coinage being one of them.

This rare gold mohur is a part of the last attempt during Tukoji Rao's reign to introduce an acceptable and stable coinage. Very rare examples of copper and silver coins proposed around this time are also known.