Mahadji Sindhiya, Copper Paisa, 13.03g, Ujjain Mint, in the name of Shah Alam II, Obv: Elephant marching right, Rev: AH 1206. Very fine, extremely rare.
Elephant type coin is one of the very rare coin type of Gwalior, refer article by Dr. P. K. Sethi & Daulal Johri.