Evolution of Coinage System in India

Evolution

  • Ancient Period (6th century BCE - 6th century CE)
    • The earliest coins in India were punch-marked coins, made of silver and copper, and featured symbols and markings that denoted their weight and value.
    • The Mauryan Empire (circa 322-185 BCE) introduced the first standardized coinage system under Emperor Ashoka. The coins featured inscriptions in Brahmi script and symbols such as the Lion Capital.
  • Classical Period (6th century CE - 12th century CE)
    • The Gupta Empire (circa 4th to 6th centuries CE) is known for its gold coins, often featuring the image of the ruling king and various deities.
    • Gupta coins were well-crafted ....
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