Malwa Sultanate, Ibrahim Lodhi of Dehli, Rare Silver 1/2 Tanka (Chanderi)

Ruler : Ibrahim Shah Lodi
Era :  (AH 927-932, 1521-1525 AD)
Dynasty : Lodhi
Denomination : 1/2 Tanka 
Mint : Chanderi (By mintmarks)
Weight : 5.35 grams
Diameter : 14.00 mm
Date : Ah 927 = 1521 AD
Rarity : RRR
Reference Number : G&G # M195

Obverse :
From top to bottom : "Al-Wathiq bil-malik al-multaji abu al fath ibrahim shah".

Reverse :
From top to bottom : "Ibn sikandar shah Lodi al-sultan khallada mulkahu".

Comment : 
The fortress of Chanderi had come under the control of Sikandar Lodi in AH 921 during the course of the civil war in Malwa between Mahmud Shah II and his brother Muhammad Shah II. On that occasion, Muhammad Shah II had again been proclaimed king and coins are known struck in his name in that year. 
It appears that Muhammad Shah II died soon after and his heir, Ahmad Shah, remained in charge of the place on behalf of the Lodi King. It is reported that after Sikandar Lodi died in AH 923, Ahmad did not acknowledge the sovereignty of Delhi in an adequate manner. The new ruler at Delhi, Ibrahim Lodi, therefore, sent Shaikzada Manhju to recover Chanderi. This, he did and Miyan Husain Farmuli was appointed governor there. Malwa-style coins with the Chanderi mint-mark were struck in the name of the Delhi ruler Ibrahim Lodi in both silver and copper.
It's the only coin in which complete name "Sikandar Lodhi" can be seen, Beautiful grade with bold strike, Extremely rare and of historical importance.