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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.
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 ...
1973 Indian proof set of coins. Coins of the Indian rupee (₹) were first minted in 1950. [1] New coins have been produced annually since then and they make up a valuable aspect of the Indian currency system. Today, circulating coins exist in denominations of 1, 2, 5, 10, and 20 rupees.
Punch-marked coins, also known as Aahat coins, are a type of early coinage of India, dating to between about the 6th and 2nd centuries BC. It was of irregular shape. It was of irregular shape. These coins are found over most parts of subcontinent and remained in circulation till the early centuries CE.
1835 East India Company quarter anna, part of the unified coinage introduced that year 1840 East India Company rupee. It was minted in Bombay, Calcutta and Madras. The English East India Company was granted a royal charter by Queen Elizabeth I which allowed trade monopoly with eastern countries including Sumatra, Java, and India.
Double-die style struck coin from Ancient India, c 304-232 BCE featuring an elephant on one face and a lion on the other. Since that time, coins have been the most universal embodiment of money. These first coins were made of electrum, a naturally occurring pale yellow mixture of gold and silver that was further alloyed with silver and copper.
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 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 ...