Mughal, Shah Alam II (AH 1174–1221 / 1759–1806 AD), Shahjahanabad Dar-ul-Khilafa Mint, Gold Mohur, AH 1207 / RY 34, (Wt: 10.98 grams, Dia: 20.22 mm) (KM # 720) - NGC MS 63

Obv: Persian legend “Sikka zad Saheb-e-Qiran ze tayid-e-Ilahi, Hami Din-e-Muhammad Shah Alam Badshah” (“The coin was struck by the Saheb-e-Qiran by divine support, the protector of the religion of Muhammad, Shah Alam, the Emperor”), featuring a royal umbrella motif, 

Rev: Persian legend “Sana 34 Julus” (Regnal Year 34), “Zarb Shahjahanabad” (Struck at Shahjahanabad), with the epithet “Dar-ul-Khilafa” (Abode of the Caliphate) at the top,

Though issued in the name of Mughal Emperor Shah Alam II, this gold Mohur was struck probably under the authority of the Maratha Confederacy during their control of Delhi. The imperial umbrella embellished with a floral motif, along with the distinctive Sahib-i-Qiran inscription, are artistic features introduced by the Marathas. Delhi was occupied by the Marathas five times, with the final occupation (1788–1803) ending after the Second Anglo-Maratha War. Coins from this period often feature Maratha-style motifs and are linked to Maratha administration. These coins are generally classified under the Mughal series.

A coin of notable rarity and historical importance, Graded by NGC as MS 63, Extremely Rare.