This rare gold 1/16 Ashrafi which was issued by Mughal Emperor Humayun weighs around 0.65 g. It was sold for INR 1, 26,000 by Oswal Auction.
Humayun was the second ruler of the Mughal Empire. He ruled some part of today's Afghanistan, Pakistan and a part of northern India from 1530-1540CE.
During the beginning of his reign, like his father Babur, he issued silver Shahrukhis, which were introduced by the Timurid ruler Shah Rukh in the early fifteen century AD. These coins are thin broad pieces weighs around 72 grains (4-5 gram). The obverse of these coins is inscribed with king name and title, with mint name and date. And the reverse of the coin is inscribed with Kalima with the name of four Khalifas in the margin.
Humayun had also issued some heavier silver coins which are known as Rupee. He has also issued some gold coins of the Shahrukhi type from Agra mint.