[2][3] Till early 19th century, mints were privately operated by wealthy businessmen (Sahus, Jagirdars and Omaras) in India.
FIDVI, QITAAB (title) and lettering "Yar-E-Wafadar" (trusted follower) were added to the coins.
Initially the mint was situated at Sultan Sahi in Moghalpura suburb of the Hyderabad city.
[4] With the end of the Mughal empire in 1858 AD, all private mints (except Hyderabad, Kolkata and Mumbai) were abolished.
Instead, coins produced in the Hyderabad Royal Mint were inscribed with name of the dynasty, initials of Nizam of Hyderabad and the numeral 92 (of Islamic religious significance; represents sum of symbolic numbers of the letters in Prophets and messengers in Islam).
On 20 August 1997, the mint was shifted to its present location at Cherlapally in the city of Secunderabad, India.