2 Pai - Mir Mahbub Ali Khan

Features

Issuer	Princely state of Hyderabad
Ruling authority	Mahbub Ali Khan (1869-1911)
Type	Standard circulation coins
Years	1322-1329 (1904-1911)
Calendar	Islamic (Hijri)
Value	2 Pai (1⁄96)
Currency	Rupee (1762-1950)
Composition	Copper
Weight	3.9 g
Diameter	20.6 mm
Thickness	1.66 mm
Shape	Round
Technique	Milled
Orientation	Medal alignment ↑↑
Demonetized	Yes
Number	N# 22299
References	Y# 35 Richard Sperry Yeoman. R. S. Yeoman's Modern & Current World Coins (16 volumes).

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Obverse

Tughra: 92, Asaf Jah Nizam Al-Mulk Bahadur, AH date below.
92 is the numerical representation of the word 'Muhammad'

Lettering:
٩٢
١٣٢٣

Translation:
Nizam Asaf Jah
1323

Reverse

Inside circle, legend in Urdu 'Du Pai'
Outside circle, legend in Urdu, (RY) Julus Maimanat Manus Zarb Farkhanda Bunyad - Hyderabad '

Script: Urdu

Lettering: ۴۰

Translation: Two pies, struck at Farkhanda bunyad, Hyderabad, in the (RY) 40th year of tranquil prosperity

Edge

Plain

Mint

Hyderabad, India (1803-date)

Comments

- Asaf Jah VI Mir Mahboob Ali Khan Siddiqi was the 6th Nizam of Hyderabad. He ruled Hyderabad state, between 1869 and 1911.
Born: August 17, 1866, Purani Haveli, Hyderabad State, British India - (now in Telangana State, India)
Died: August 29, 1911 (aged 45), Falaknuma Palace, Hyderabad State, British India, (now in Telangana State)
House: Asaf Jahi dynasty
Father: Afzal ad-Dawlah, Asaf Jah V

For location of date and RY (see image below)

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Date	F	VF	XF		Frequency
Undetermined
1322 (1904) //37		$ 2.30		١٣٢٢/٣٧	11%
1322 (1904) //38		$ 1.20		١٣٢٢/٣٨	5%
1322 (1904) //39				١٣٢٢/٣٩	4%
1322 (1904) //42				١٣٢٢/٤٢	1.9%
1323 (1905) //38		$ 0.65		١٣٢٣/٣٨	8%
1323 (1905) //39		$ 1.20		١٣٢٣/٣٩	20%
1323 (1905) //40		$ 0.64		١٣٢٣/٤٠	6%
1323 (1905) //41				١٣٢٣/٤١	2%
1324 (1906) //39				١٣٢٤/٣٩	3%
1324 (1906) //40		$ 2.30		١٣٢٤/٤٠	11%
1324 (1906) //41				١٣٢٤/٤١	2%
1325 (1907) //40				١٣٢٥/٤٠	7%
1325 (1907) //41		$ 2.00		١٣٢٥/٤١	12%
1328 (1910) //42				١٣٢٨/٤٢	5%
1329 (1911) //43		$ 2.00		١٣٢٩/٤٣	6%
1329 (1911) //44	$ 1.80	$ 1.80	$ 9.30	١٣٢٩/٤٤	25%
1329 (1911) //45				١٣٢٩/٤٥	6%

Values in the table above are expressed in USD. They are based on evaluations by Numista users and sales realized on Internet platforms. They serve as an indication only; they are not intended to be relied upon for buying, selling or exchanging. Numista does not buy or sell coins or banknotes.

Frequencies show the percentage of Numista users who own each year or variety among all the users who own this coin. Since some users own several versions, the sum may be greater than 100%.

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This index is based on the data of Numista members collections. It ranges from 0 to 100, 0 meaning a very common coin or banknote and 100 meaning a rare coin or banknote among Numista members.

Examples of the type

Picture 1 of the example of 2 Pai - Mir Mahbub Ali Khan

Picture 2 of the example of 2 Pai - Mir Mahbub Ali Khan

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Past sales

Pictures	Sale	Date	Version	Grade	Sold price
	Heritage Auctions 2023 May 3 - 5 CSNS World Coins Platinum Session and Signature® Auction 3107 Lot 31571	3 May 2023	1323 (1905) //39 – ١٣٢٣/٣٩	(NGC PR63)	USD 3120.00 (incl. buyer's premium)
© Heritage Auctions
	Katz Auction 116 Lot 1703	9 Mar 2024	Undetermined	AU	USD 8.10 (EUR 7.00) (+ buyer's premium)
© Katz Coins Notes & Supplies Corp.
	Katz Auction 96 Lot 1829	23 Sep 2023	Undetermined	AU	USD 19.66 (EUR 17.00) (+ buyer's premium)
© Katz Coins Notes & Supplies Corp.
	Katz Auction 184 Lot 2255	27 Feb 2026	Undetermined	XF	Unsold
© Katz Coins Notes & Supplies Corp.