Kutch not Maldive Aluminum Coin, can't find any information.

Discussion about Kutch • 1 Trambiyo - George V [Khengarji III]

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I found this coin at an antique mall for $14, which was probably more than it was worth but it caught my eye.  Clearly the $750 seemed to be outlandish, but I believe it was a coin from the Maldives, which was what I was hoping for. Now that I have identified it, it clearly seems to be a copy of this coin from Kutch.  But it does not make any sense. Maldives? Aluminum? $750?  Why would a cheap Indian from the 1970s be copied in aluminum?

 

I can't seem to find any information about this coin.

What's the thickness and weight? Could it be plated?

It's very light. Here are the dimensions. 

Diameter - 18.69mm

Thickness - 1.59mm

Weight - 0.891g

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