This silver rupee coin minted in 'Nashik' is know as ‘Jaripataka’/‘जरीपटका’ rupee due to the symbol of ‘Jaripataka’ i.e. a Saffron flag, the flag of Maratha Empire on it.
Nashik came under Maratha rule sometime in 1751-52 from Mughals. Mughals had changed the city name to Gulshanabad which Marathas reverted back to Nashik as Nashik is old Hindu pilgrimage city. However due this names changes the coin bears the mint name as ‘Gulshanabad Na’. Here Na is for Nashik.
This coin was started by Shrimant Madhavrao Peshwe in 1774.
Obverse: Bears the name of Emperor 'Shah Alam' - 'Sikka Mubarak Shah Alam Badshah Gazi. It also has a Devanagari letter ‘Ra’ ‘रा’ along with Hijri year 1207 which is AD 1793.
Reverse: Bears reverse 'Jaripataka' and the mint name 'Gulshanabad Na'.
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