After the battle of Pānīpat, in 1526, Z̤ahīru-d-dīn Bābur’s rule in
Hindustān, until his death in 1530, was in reality nothing more than
a military occupation, and Humāyūn’s position during the first ten
years of his reign was even more unstable. The silver _shāhruḵẖ̱īs_,
or _dirhams_, of Bābur and Humāyūn, which follow in every respect the
Central Asian coinage of the Timurid princes, were obviously struck
only as occasion warranted, chiefly at Āgra, Lāhor (Pl. X, 1), Dehlī
and Kābul. The interesting camp mint Urdū first appears on a coin of
Bābur, an eloquent testimony to the nature of his sovereignty. On the
obverse of these coins is the Kalima, enclosed in areas of various
shapes with the names of the four orthodox Khalifs or Companions and
their attributes[59] in the margins; on the reverse the king’s name,
also in an area, in the margins various titles, together with the mint
and generally the date. Humāyūn’s gold are tiny mintless pieces, also
of Timurid fabric (Pl. X, 2); a very few of these and some silver
dirhams are known of Akbar’s first three years. Bābur and Humāyūn’s
copper coins are anonymous, and were minted chiefly at Āgra, Dehlī,
Lāhor and Jaunpūr.
_Note._—The mint marks in Fig. 9 occur on coins of
the following: (1) Humāyūn, Āgra, etc. (2) Shāh ’Ālam
II, Shāhjahānābād. (3) Aurangzeb, Multān. (4) East India
Company, copied from Mug̱ẖal coins. (5) Nawābs of Awadh,
Muḥammadābād-Banāras. (6) The Kitār—“dagger,” Shāh ’Ālam
II, Narwar, etc. (7) Ankūs—“Elephant-goad”—Marāṭhā coins.
[59] For inscription, cf. Key to Plate X, 1.
The Afg̱ẖān Sher Shāh Sūrī, who after the expulsion of Humāyūn in 1540
(A.H. 947), controlled the destinies of Hindustān for five years, was a
ruler of great constructive and administrative ability, and the reform
of the coinage, though completed by Akbar, was in a great measure due
to his genius. His innovations lay chiefly in two directions: first,
the introduction of a new standard of 178 grains for silver, and one
of about 330 grains for copper, with its half, quarter, eighth and
sixteenth parts. These two new coins were subsequently known as the
_rupee_ and the _dām_. The second innovation was a large increase in
the number of the mints: at least twenty-three mint names appear on the
Sūrī coins. The object of this extension, probably suggested to Sher
Shāh during his residence in Bihār by the Bengal coinage, was no doubt
to provide an ocular proof of sovereignty to his subjects in the most
distant provinces of his dominions; but the system needed a firm and
resolute hand at the centre of government.
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