Coins of the Princely State of Hyderabad

In the Princely State of Hyderabad, the coins of Nizams were issued in the name of Mughal Emperor till 1858 A.D. when a coin legend was introduced with the name of the founder of the state, Asaf Jah. Afterwards, they were struck independently and termed as ‘Hali Sicca’ i.e. the current coin. In 1903 - 04 A.D. these coins were struck for the first time. These coins had charminar on the obverse with Persian inscription Nizamul Mulk Bahadur Asaf Jah around it, the value at reverse, having denominations and metal as that of British coins.