Nice AE kesarah of Mohamed Shah (1484-1537), Kashmir Sultanate

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Arabic inscriptions on both sides. Pleasant brown patina, scarce. 20mm, 5.5 grams. "The coins of the Indian Sultanates" K46.

The coins of the muslim Kashmir were unlike any other coins of the Indian Sultanates. Silver sasnus and bronze kaserahs were overvalued in Kashmir - it is said that 1.5 sasnu's (about 9.3 grams silver content) went to a rupee (about 11.5 grams of silver content). Bronze coinage was similarly overvalued. The coins did not see wide circulation and were not often hoarded. This is the reason why the coins of Kashmir are almost never found outside of its' boundries and are all scarce.


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