India, Gwalior, 1929 AD., Jivaji Rao, 1986 AD., 1/4 Anna, KM 177.

India, Indian princely states, Gwalior, Jivaji Rao (VS 1985-2005 / 1925-1948 AD.), dated Vikram Samvat (VS) 1986 = 1929 AD.,
Pav Anna (1/4 Anna) (23 mm / 5,05 g), copper, heavy planchet,
Obv.: "Shri Javaji Rao Shinde Alija Bahadaur" / "Gwalior" , Hindi legend around bust of Jivaji rao Shinde/Sindhia facing left, the crude style "pug-nose" bust.
Rev.: "pav ana" / "Samvat1986" , around small coat of arms of state of Gwalior.
KM 177 .

Jivaji Rao was the last ruler of the state of Gwalior in the Sindhia dynasty, until India gained its independence in 1947. After India got its independence, the state of Gwalior was incorporated in the republic of India. After India`s independence in 1947, the Gwalior State was included in the new Indian state of Madhya Bharat.
The dating is done in Vikram Samvat (VS). In Vikram Samvat, the counting had started from 57 BC.