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Historical Research & Documentation

SikhCoins.in Sikh Empire Coinage

A comprehensive numismatic record of coins, medals and monetary history spanning the Sikh Empire and its predecessor states — from Banda Bahadur's earliest strikes to the fall of the Khalsa Raj.

1,314 Documented Coins
54 Curated Albums
3M Views
300+ Years Covered
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About this Archive

The coins of the Khalsa Raj — struck in gold, silver and copper — are among the most eloquent documents of Sikh sovereignty.

This database has been assembled over decades of research and field study, bringing together coins from museum collections, auction records and private holdings to create the most complete online reference for Sikh numismatics.

The Collection

Browse by Period

Coins arranged chronologically across the arc of Sikh political history

AD 1710 – 1716

Banda Bahadur's Coinage

The earliest Nanakshahi coins, struck during the brief Sikh rule — a declaration of sovereignty in metal.

2 Coins

AD 1716 – 1799

Misl Period Coinage

Coins of the Dal Khalsa Confederacy — struck at Lahore, Amritsar, Multan and Anandghar mints, bearing the Gobindshahi and Nanakshahi couplets.

167 Coins across 4 mints

AD 1799 – 1849 · VS 1856 – 1906

Sikh Empire Coinage

The great coinage of Maharaja Ranjit Singh and his successors — from the principal mints of Lahore, Amritsar and Kashmir to the frontier mints of Peshawar, Multan and Derajat. Silver rupees, gold mohurs and copper paisas across seventeen albums.

534 Coins · 17 albums · 14 mints

AD 1764 – 1948 · VS 1821 – 2005

Patiala, Nabha, Jind & Kaithal

Coins of the Phulkian states — Patiala, Nabha, Jind and Kaithal — that came under British protection in 1809, striking Durrani and Gobindshahi rupees until merger into independent India.

186 Coins from 8 States

Medals & Honours

Sikh Medals & Anglo-Sikh War Awards

Decorations of the Sikh Empire alongside the Sutlej and Punjab medals — artefacts of both Sikh glory and the conflicts that ended it.

81 Medals · 9 albums

Numismatic History

A History in Coin

The monetary arc of Sikh political sovereignty

VS 1767 · AD 1710

The First Sikh Coins — Banda Bahadur

Following the capture of Sirhind, Banda Singh Bahadur struck the first coins in the name of the Khalsa, bearing inscriptions honouring Guru Nanak and Guru Gobind Singh — a momentous assertion of independent Sikh sovereignty.

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VS 1822 · AD 1765

Gurmatta & the Misl Confederacy

After the Declaration of Sovereignty at Vaisakhi 1765, the eleven Misls began issuing coins collectively in the name of the Dal Khalsa — a unique expression of collective Sikh governance through metal.

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VS 1856 · AD 1799

Maharaja Ranjit Singh & the Sikh Empire

With the capture of Lahore and subsequent coronation, Ranjit Singh unified the Sikh domains. The imperial mints at Lahore, Amritsar and later Kashmir, Multan and Peshawar struck an extensive and magnificent coinage under his reign.

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VS 1896 – 1906 · AD 1839 – 1849

The Last Kings & the Fall of the Khalsa Raj

Following Ranjit Singh's death, the empire's coinage continued under Kharak Singh, Nao Nihal Singh, Sher Singh and Duleep Singh — until the annexation of the Punjab by the British East India Company in 1849 brought the sovereign Sikh coinage to an end.

AD 1764 – 1948 · VS 1821 – 2005

The Cis-Sutlej States — Phulkian Coinage

The Phulkian states of Patiala, Nabha, Jind and Kaithal struck coins in the names of Ahmad Shah Durrani and — from VS 1893 — the Sikh Gurus, surviving as independent mints for nearly two centuries under British protection.

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The coins of the Khalsa were unlike those of any other state — they bore not the name of a king, but of the Guru, affirming that sovereignty belonged to the Panth.
— Numismatic tradition of the Sikh Empire

Essays & Research

Deeper Reading

Scholarly essays on the history, economy and material culture of the Sikh Empire

History  ·  AD 1710–1716  ·  The First Coins

Banda Singh Bahadur

The disciple who struck the first coins ever issued in the name of the Khalsa — displacing the Mughal emperor from the coin of the Punjab for the first time in history. Two coin types survive his six-year sovereignty. The Year 2 rupee is unique.

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History  ·  AD 1716–1799  ·  The Dal Khalsa

The Sikh Misls

The eleven Misls of the Dal Khalsa confederacy and the most unusual collective coinage in Indian history — rupees struck in no king's name, only the couplets of the Gurus. The declaration at Vaisakhi 1765 and the coins that embodied it.

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History  ·  AD 1799–1849  ·  The Sarkar-i-Khalsaji

The Sikh Empire

Ranjit Singh's empire at its height: fourteen mints from the Khyber to the Sutlej, from Kashmir to Sindh — all striking coins in the Gurus' names, never the Maharaja's own. Five Maharajas, fifty years, and the coinage that recorded every year of it.

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History  ·  AD 1839–1849  ·  The Collapse

The Fall of the Sikh Empire

How the most powerful state in South Asia outside British India dissolved within a decade of its founder's death — Dogra treachery, Army Panchayats, the two Anglo-Sikh Wars, and the stolen bodies of Maharani Jindan and Maharaja Dalip Singh.

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Military History  ·  AD 1845–46  ·  The First War

The First Anglo-Sikh War

The war the Khalsa nearly won. At Ferozeshah, the British army came closer to catastrophic defeat than at any engagement since Waterloo. Mudki, Ferozeshah, Aliwal and Sabhraon — and the treachery of Lal Singh and Tej Singh that decided each.

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Military History  ·  AD 1848–49  ·  The Last War

The Second Anglo-Sikh War

The war that closed the Sikh mints forever. Chilianwala — the worst single-day British defeat in Asia — Gujrat's three-hour artillery bombardment, the annexation of 29 March 1849, and the last coins of the fourteen imperial mints.

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All Essays & Research  →

12 essays covering numismatics, history, political economy, diplomacy and scholarship

Research Resources

Supporting Material

Reference works, forgery guides, stamps and scholarly articles

Fakes & Forgeries

Documented fakes, forgeries and dubious attributions — essential reading for collectors

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Books & Publications

Published references and scholarly works on Sikh coinage

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Articles & Journals

Presentations and journal articles on Sikh numismatics

Sikh Stamps

Stamps issued on Sikhism by countries worldwide

Myths & Misreadings

Non-Sikh coins frequently misattributed as Sikh issues

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Research Projects

In-depth compilations by mint and region for focused study