Maratha Confederacy, Chhatrapati Shivaji Maharaj, Gold 1/2 Fanam, Obv: nagari legend in three lines ‘Shri  Ra /ja / Shiva’ within dotted border, Rev: nagari legend in two lines ‘Chhatra / Pati’ within dotted border, three dots above the first line, 0.2g, 5.17mm, about extremely fine, Extremely Rare.

Chhatrapati Shivaji Maharaja the great Maratha leader formed a party of Hindu tribes in the Deccan region of the Hindu locals and strengthened the entire empire in the Konkan region. His coronation took place at Raigadh in the year 1674 AD and gold hoans were struck and showered on the head of Chhatrapati during the coronation.  Shivaji established the powerful Maratha forces and successfully fought the Mughals and other foreign powers.

There was another important gold coinage which is Fanam. These were struck with his name from the Maratha territories mostly in South where the Maratha presence had been in areas like Jinji and Thanjavur. It is not evident and confirmed that which type were struck during the reign of Shivaji Maharaj and is still questionable.