Jayaji Rao Sindhia was the Maharajah of Gwalior from 1843 to 1886 AD under the British rule. He issued gold, silver and copper coins in the denomination of Paisa, Rupee, Mohur, and Nazarana.
Illustrated here is a silver Rupee issued in the reign of Jayaji Rao Sindhia. This coin is struck in the fictitious name of Muhammad Akbar II at Gwalior fort mint. The obverse of the coin depicts the legend ‘Sahib-e-Qiran Sani’ with AH 1224 while the reverse of the coin showed the Persian letter ‘Ain’, sword and Nagari letter ‘Ja’.
The presence of the letter 'Ain' contributes to making the rupee a rare and unusual variety among Gwalior coins. KM lists (following 'Lingen and Wiggins' work on Coins of the Sindhias) a half rupee where one can make out a small 'Ain'. The illustration, however, doesn't show the Nagari letter. Here all the three symbols (Ain, sword, Ja) and the fixed AH date on the obverse is clearly visible.
Image Source: Classical Numismatic Gallery