(Madho Rao acceded to the throne in 1886 and ruled until his death in 1925. He was noted by the British Government as a progressive ruler of a princely state. He was married twice, but only had children with his second wife in 1913, one son and one daughter, to whom King George V and Queen Mary stood sponsors)
Obverse
Bust of Madho Rao Shinde Alijabahadur
Legend in Devnagari surrounds
Gwalior
Reverse
Denomination, Coat of arms, Date below
Pav Anna, Samat 1970
Lettering Translation: 1/4 anna, VS 1970
Edge
Plain
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