- 12.02.2020

History of indian coins and currency

Coinage of India began anywhere between early 1st millennium BCE to the 6th century BCE, All these units referred to gold currency in some form but they were later adopted to Scholars remain divided over the origins of Indian coinage. Original East India Company coins show only the coat of currency of One Rupee and Two and a half Rupees.

Hover over the coin to inspect closer Flip coin Antiochos History of indian coins and currency Silver, check this out. The general was succeeded by his first son, Antiochos.

This history of indian coins and currency the only early Seleucid coin to carry a date, says Tandon. Remarkable, auto claim faucet about specifies the month Xandikos March and the year EI The coin was minted in the city of Ai-Khanoum, in Bactria, a key province in the eastern part of the empire.

On the front of this coin is the customary portrait of King Antiochos. Most of the other Seleucid mints had begun replacing the earlier image of the head of a horse, on the back, with the god Apollo years earlier.

With this coin, the Bactrian mint seems to have made the switch as well. Something must have happened to prompt the issuing of a new coin, Tandon speculates. In BC, Antiochos had his eldest son, who had been his viceroy to the east, executed on suspicion of rebellion.

Hover over the coin to inspect closer Flip coin Toramana Gold, c. A history of indian coins and currency could easily be missing critical parts of the inscription—or legend—that would reveal who issued the coin and when.

On this specimen, which Tandon owns, it is hard to see that there is an inscription at all. InTandon began painstakingly tracking down pieces of the history of indian coins and currency image with a missing letter here, another clue there.

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Inon a visit to a closely guarded collection of ancient coins at a museum in history of indian coins and currency India, he took a hasty photograph of what he realized only later was the mystery coin. It had the missing letters Tandon needed to identify the king as Toramana, a Hun.

Hover over the coin to inspect closer Flip coin Kanishka the Great Gold, c.

Art and culture flourished under the Kushans and they were known for their beautiful gold coins.

Coins reveal important history of Ancient India

This early coin from Kanishka 1, the greatest History of indian coins and currency of all, depicts the Greek lunar goddess Selene. Later, the king began putting local deities on his coins.

Tandon knows the Greek alphabet from his training in mathematics and can history of indian coins and currency the script on Kushan coins. His coin did. The king was Kanishka.

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Tandon published the correct history of indian coins and currency. Tandon, who earned his PhD in economics at Harvard, corroborates his numismatic findings with information history of indian coins and currency gleans from historical texts, inscriptions, and even sculpture from old temples.

He has published his research extensively in peer-reviewed numismatic journals. Cribb has invited Tandon to collaborate with him on a catalogue of Kushan coins for the British Museum. Tandon began collecting coins as an investment in the late s, when India was poised for growth.

As he immersed himself in the study of ancient Indian coins over a decade, their value went up, just as he had predicted.

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They depict kings and deities and history of indian coins and currency Prakasaditya portrayed himself astride a horse, slaying a lion and feature one or history of indian coins and currency scripts: Greek, the now-extinct Kharoshthi, and Brahmi, the mother of most modern Indian scripts.

Early on, numbers were written using letters, and the system for writing dates varied across kingdoms. The seeming inscrutability of it history of indian coins and currency appealed to Tandon, who is a devotee of the New York Times crossword puzzle. He knew the Greek alphabet, and over time he taught himself to read Kharoshthi and Brahmi.

What Coins Tell Us History of indian coins and currency a Forgotten Dynasty His first major acquisition was from a hoard history of indian coins and currency coins found in Balochistan, in present-day Pakistan, that had been issued by kings called the Paratarajas, who ruled the all-but-unknown kingdom of Paradan.

They had issued copper coins with legends in Kharoshthi, and silver coins with legends in Brahmi. By scrutinizing the images and legends, Tandon came up with the chronology of the 11 Paratarajas rulers who, in all likelihood, ruled from around to AD.

There are all these outside influences—from ancient Greece, Rome, Persia, and China—and there is all the indigenous link [of the coins click here over 2, years.

History of Indian Currency Notes - भारत की करेंसी नोटों का इतिहास और उसका विकास

Then he dug up clues to help make it a living, breathing world. Searching through historical documents, he concluded that the secret of its prosperity was international trade.

One export was a lavender-like plant called nard, which grew in abundance in arid Balochistan and fetched a high price from the Click to see more, who prized nard for its perfumery. The Roman economy was the biggest in the world, just like the US today, and a recession in Rome must have led to recession in India, Tandon hypothesizes.

Curating a Museum Though he considers himself primarily a scholar, Tandon still collects coins. Too often, though, when individual collectors acquire coins, they pass from public view and are unavailable for scholarly study. Twelve years ago, in an effort to help history of indian coins and currency the problem, Tandon established an online, or virtual, museum, CoinIndiawhich features high-resolution here of nearly 2, history of indian coins and currency from the Indian subcontinent, spanning some 2, years.

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