The gold coins were introduced first in India by -a)The Kushanasb)The ...
The Indo-Greek kings were the first to issue gold coins in India and their coins were special in the sens that each king had his own distinctive coins by which he could be definitely identified. The names of at least thirty Bactrian kings are known with the help of numerous coins, and they help in the reconstruction the history of the kings. The coins carry legends in Greek and also in Kharosthi and Brahmi.
The gold coins were introduced first in India by -a)The Kushanasb)The ...
Introduction:
The history of Indian currency can be traced back to ancient times. India has a rich history of currency evolution, from the use of cowries shells to the introduction of paper currency. The introduction of gold coins in India has been a significant milestone in the evolution of Indian currency.
The Greeks and Gold Coins:
The Greeks were the first to introduce gold coins in India. Alexander the Great, who invaded India in 326 BC, brought with him Greek gold coins. The Greek coins were made of gold and silver and had the image of Alexander the Great on them. These coins were used for trade and commerce.
Impact of Greek Coins:
The introduction of Greek gold coins had a significant impact on the Indian economy. The coins were widely accepted in trade and commerce and were used as a medium of exchange. The Greek coins were of high quality and purity, which made them valuable in India.
The Kushanas and Gold Coins:
The Kushanas, who ruled India from the 1st century AD to the 3rd century AD, also introduced gold coins in India. The Kushan gold coins were known for their exquisite design and craftsmanship. These coins had images of the Kushan kings and were used for trade and commerce.
Conclusion:
The introduction of gold coins in India by the Greeks was a significant milestone in the evolution of Indian currency. The Greek coins were of high quality and purity and were widely accepted in trade and commerce. The Kushanas also contributed to the evolution of Indian currency by introducing exquisite gold coins. The use of gold coins in India continued for centuries and played a crucial role in the development of the Indian economy.