Shivrai

Before 1830s, shivrai was valued at 1/74 to 1/80 of a rupee. There are 150 different types of shivrai extant to date. In 1885, the British government ordered all local revenue collectors (Mamlatdars) to collect all shivrais and deposit them in treasury. The purpose of this was to bring the new pice, worth 1/64 of rupee, in currency by eliminating this native rival. In 1890, Rev. Abbott collected and studied around 25,000 shivrais. He mentions that they were still in circulation. The shivrai remained in circulation till the end of the 19th century.

Shivaji's Shivrai

When the Maratha warrior Shivaji became Chhatrapati of the Maratha empire, as a symbol of sovereignty, the Rajyaabhisheka Shaka (The Coronation Era) was started. On the occasion of coronation, special coins were minted, including a gold coin called Shivrai Hon. These coins have Shri Raja ShivaChhatrapati, in Devanagari, inscribed on them.