Rare billon drachm, late Paramara series in Malwa, issued ca.1150-1300 AD, struck at a Monastery of Omkara Mandhata in Malwa, India

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Very stylized Sassanian-style bust facing right, degraded inscriptions, letter SRI in late style behind bust / Stylized fire altar, SRI OM/KA RA in two lines inside. 14mm, 4.2 grams, very thick and made of decent billon for these. Rare! Mitchener NIS 438-440.These coins were minted in Malwa India by the Rajput rulers of the area. The mintplace is indicated on these coins, a very rare and unusual feature for the times - Omkara is a large monastery locatewd on the northern bank of the river Narbada near Mandhata in Indore.At these times the monasteries were the centers of the culture and played a major role in the economy of India by employing people from the surrounding countryside for various purposed. The coins coined at the monastery were probably used to pay these employees. These rare drachmas are known with various abbreviations of the name "Omkara", usually in form of "OM". This coin carries the full name of the monastery.