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Sometime around 600BC in the lower Ganges valley in eastern India a coin called a punchmarked Karshapana was created. [38] According to Hardaker, T.R. the origin of Indian coins can be placed at 575 BCE [39] and according to P.L. Gupta in the seventh century BCE, proposals for its origins range from 1000 BCE to 500 BCE. [25] According to Page.
In the Indian subcontinent, indigenous coinage practices were interrupted by a series of invaders—Greek, Turkic, Mongol, and Persian—who variously imposed their own coinage practices, adapted to, or influenced indigenous coinage practices, establishing what can be seen as an enduring dialog in metal coin. [66]
The British gold coins were termed Carolina, the silver coins Anglina, the copper coins Cupperoon and tin coins Tinny. By early 1830, the British had become the dominant power in India. The Coinage Act of 1835 provided for uniform coinage throughout India. The new coins had the effigy of William IV on the obverse and the value on the reverse in ...
During the Mauryan Period, the punch-marked coin called Rūpyārūpa, which was same as Kārṣāpaṇa or Kahāpana or Prati or Tangka, was made of alloy of silver (11 parts), copper (4 parts) and any other metal or metals (1 part).The early indigenous Indian coins were called Suvarṇa (made of gold), Purāṇa or Dhārana (made of silver ...
Post-Mauryan coinage refers to the period of coinage production in India following the breakup of the Maurya Empire (321–185 BCE). The centralized Mauryan power ended during a Coup d'état in 185 BCE leading to the foundation of the Shunga Empire. The vast and centralized Maurya Empire was broken into numerous new polities.
The coinage depict various Indian iconography: Krishna-Vasudeva, with his large wheel with six spokes and conch (shanka), and his brother Sankarshan-Balarama, with his plough (hala) and pestle (masala), both early avatars of Vishnu. [23] The square coins, instead of the usual Greek round coins, also followed the Indian standard for coinage.
The coinage of Vasudeva consisted in gold dinars and quarter dinars, as well as copper coins. Vasudeva almost entirely removed the pantheon of deities displayed in the coinage of Kanishka and Huvishka. Apart from a few coins with the effigies of Mao and Nana, all of Vasudeva's coins feature Oesho on the reverse, who is generally identified as ...
The first Indian coins of Apollodotus used Indian symbols. These coins associated the elephant with the Buddhist Chaitya or arched-hill symbol, sun symbols, six-armed symbol, and a river. The bull had a Nandipada in front. The symbol at the top of the bull is only a mint mark. These symbols disappeared soon after, and only the elephant and the ...