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1 Pagoda - Muhammad Shah

Issuer Mughal Empire
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Shape Round (irregular)
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Reverse script Arabic
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Edge Plain
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Additional information

The attribution here is unusual. Pagodas were not a Mughal issue — they were struck by the South Indian kingdoms, notably the Vijayanagara empire and its successors, and later by European trading companies operating from Madras and other coastal factories. A gold pagoda bearing association with Muhammad Shah almost certainly reflects the currency of the Arcot Nawabs or a regional successor state operating in the Deccan during his reign, circa 1719–1748, when Mughal central authority had effectively collapsed south of the Vindhyas.

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