Coinage of India

Coinage of India image

Coinage of India began anywhere between early 1st millennium BCE to the 6th century BCE, and consisted mainly of copper and silver coins in its initial stage. The coins of this period were Karshapanas or Pana. A variety of earliest Indian coins, however, unlike those circulated in West Asia, were stamped bars of metal, suggesting that the innovation of stamped currency was added to a pre-existing form of token currency which had already been present in the Janapadas and Mahajanapada kingdoms of the Early historic India. The kingdoms that minted their own coins included Gandhara, Kuntala, Kuru, Panchala, Magadha, Shakya, Surasena and Surashtra etc.The tradition of Indian coinage in the 2nd millennium evolved with Indo Islamic rule in India. and the British raj in the 19th century.
This article is copied from an article on Wikipedia® - the free encyclopedia created and edited by its online user community. This article is distributed under the terms of GNU Free Documentation License.