What is Karshapana coin?
Karshapana, according to the Ashtadhyayi of Panini, refers to ancient Indian coins current during the 6th century BCE onwards, which were unstamped and stamped metallic pieces whose validity depended on the integrity of the person authenticating them.
WHO issued Karshapana?
Chandragupta Maurya
Punch-marked copper coins were first issued during the rule of Chandragupta Maurya or Bindusara.
What was the coins called in the mourya period?
The Mauryas ruled after the Mahajanapadas. Chanakya, the then prime minister of the first Maurya Emperor, Chandragupta Maurya, referred to gold coins as Suvarnarupa, lead coins as Sisarupa, copper coins as Tamrarupa, and silver coins as Rupya during the Mauryan empire.
What is nishka coin?
Nishka was the Gold coin of Mauryans. The official currency of Mauryans was Pan. Pan was made up of silver and equivalent to ¾ tola. The Arthashastra, written by Kautilya, mentions the minting of coins during the Mauryan period.
What are Gupta coins?
The Gupta gold coins, known as Dinars, are the most exceptional instances of Numismatics and artistic perfection. The face of the coins generally portrayed the governing king and carried legends, while the reverse depicted the figure of a goddess. Gupta coinage was at the pinnacle of metallurgy and imagery.
What is Satamana coin?
The coins which were in circulation were “Nishka”, “Satamana” and “Krishnala”. The unit value of goods was a gold bar called “nishka” weighing three hundred and twenty ratis, which was also the weight of a satamana. A ‘Krishnala’ weighed one rati, i.e. 1.8 grams. Was this answer helpful?
Did Mauryans issue gold coins?
During Mauryan empire, Gold coins were referred as Suvarnarupa, Lead coins as Sisarupa, Copper coins as Tamrarupa and Silver coins as Rupyarupa by Chanakya, the then prime minister of the first Maurya Emperor, Chandragupta Maurya. Then came the Indo-Greeks, the Kushans and the Saka-Pahlavas.
What kind of coins were used around 500 years ago?
The use of coinage as currency spread as these early cultures traded with one another.
- Hallaton Silver Coin. Year Created: c.211 BCE.
- Persian Daric. Year Created: c.520 – 480 BCE.
- Aegina Sea Turtle. Year Created: c.550 BCE.
- Karshapana. Year Created: c.600 BCE.
- Ying Yuan. Year Created: c.600 – 500 BCE.
- Ionian Hemiobols.
- Lydian Lion.
What is nishka and Satamana?
What was called nishka?
“Nishka” is a term which means pure and honest. It was used in the ancient India to describe gold.
Which metal coin is most common in Gupta?
Comparison of Coin used in India
| S.No. | Coin Type | Metal |
|---|---|---|
| 1. | Punch-marked coins | Mostly silver, sometimes copper |
| 2. | Indo Greek type | Mostly silver |
| 3. | Kushana type | Mostly gold, but also silver and rarely copper |
| 4. | Gupta coinage | Mostly gold coins were issued |
What is Satamana and nishka?
Which is the oldest coin of India STD 6?
The first Indian coins – punch marked coins called Puranas, Karshapanas or Pana – were minted in the 6th century BC by the Mahajanapadas (republic kingdoms) of ancient India.
WHO issued largest number of gold coins in India?
The Guptas
The Guptas issued the largest number of gold coins and hence, a lot of historians regard this period as the Golden Age of Indian history.
When was the first Karshapana coin made?
Kosala karshapanas. Circa 525-465 BCEE. Average diameter 25mm, average weight 2.70 gm. Each piece with a variety of separate punch-marks applied to both sides. A silver coin of 1 karshapana of King Pushyamitra Sunga (185-149 BCE) of the Sunga dynasty (185-73 BCE), workshop of Vidisa (?).
What is the size of 1 Karshapana?
Average diameter 25mm, average weight 2.70 gm. Each piece with a variety of separate punch-marks applied to both sides. A silver coin of 1 karshapana of King Pushyamitra Sunga (185-149 BCE) of the Sunga dynasty (185-73 BCE), workshop of Vidisa (?). Obv: 5 symbols including a sun Rev: 2 symbols Dimensions: 19.7 x 13.87 mm Weight: 3.5 g.
What is this coin – with ‘Ashmaka Janapada’ on it?
Archaic silver punch-marked coin, Godavari Valley region, usually attributed to ‘Ashmaka Janapada’ – ½ Karshapana, ABBC configuration, (c.400-350 BC), not listed in Rajgor, 1.50g. Obv: four punches – 1 x elephant facing right, 2 x three small elephants going round in a circle, 1 x palm tree branch.
What is kārṣāpaṇa?
The term Kārṣāpaṇa referred to gold, silver and copper coins weighing 80 ratis or 146.5 grains; these coins, the earliest square in shape, followed the ancient Indian system of weights described in Manu Smriti. Use of money was known to Vedic people much before 700 BCE.