Punch marked coins were made of:a)Silverb)Goldc)Tind)IvoryCorrect answ...
Punch Marked Coins: Composition and Characteristics
Introduction:
Punch marked coins were one of the earliest forms of coinage in ancient India. These coins were produced during the Mahajanapada period, which lasted from the 6th century BCE to the 4th century BCE. They were an important medium of exchange and played a significant role in the trade and economy of that era.
Composition:
Punch marked coins were primarily made of silver. Silver was widely available in ancient India and was considered a valuable metal due to its rarity and various uses. The use of silver for coinage ensured that the coins had intrinsic value and were widely accepted in trade transactions.
Characteristics:
1. Design: Punch marked coins were generally small and round in shape. They had various symbols, including geometric patterns, animal motifs, and symbols representing different kingdoms or rulers. These designs were punched onto the surface of the coin using a die or a punch, giving them their distinctive appearance.
2. Weight: The weight of punch marked coins varied depending on the region and time period. They typically ranged from a few grams to a few hundred grams. The weight of the coins was an important factor in determining their value and worth in trade transactions.
3. Standardization: While there was no standardization in terms of size or weight, punch marked coins were generally accepted based on their silver content. The purity of silver varied from coin to coin, but they were generally considered to be of high purity compared to other contemporary coins.
4. Circulation: Punch marked coins were widely circulated across different regions of ancient India. They were used for various purposes, including trade, payment of taxes, and as offerings in religious ceremonies. The wide circulation of these coins indicates their importance and acceptance in the economic system of that time.
Conclusion:
In conclusion, punch marked coins were primarily made of silver. They were an important form of currency in ancient India, used for trade and economic transactions. The use of silver ensured the intrinsic value of these coins and contributed to their wide acceptance. The unique designs and characteristics of punch marked coins make them valuable artifacts for studying the economic and cultural history of ancient India.
Punch marked coins were made of:a)Silverb)Goldc)Tind)IvoryCorrect answ...
Punch marked coins
- It is a type of early coinage in India, dating to between about the 6th and 2nd centuries BC.
- The first coins in India may have been minted around the 6th century BC by the Mahajanpadas of the Indo-Gangetic plain.
- The coins of this period were punch-marked coins called Puranas, Karshapanas, or Pana.
- Several of these coins had a similar symbol. For example, Saurashtra had a humped bull Dakshin Panchala had a Swastika, others like Magadha had several symbols.
- Punched Marked coins were made of silver, had a standard weight but were irregular in shape.
- The irregular shape was made by cutting up silver bars and then making the correct weight by cutting the edges of the coin.
- These coins lack any inscriptions written in contemporary languages and were always struck in silver.
- These unique characters make early Indian coins very different from their contemporaries in Greece.
- Many historians believe that the concept of coinage was introduced by the Greeks in India. But unlike Indian punch-marked coins, Greek coins had inscriptions that were round in shape, were stamped on both sides, and were minted using silver, electrum, and gold too.
- Now historians are certain that the concept of coinage was invented in India independent of foreign influence which imparted unique characteristics to these coins.
- These coins are mentioned in Manu, Panini, and Buddhist Jataka stories and lasted three centuries longer in the south than in the north.
- After the fall of the Maurya Empire and the increased influence of the Indo-Greeks,punch-marked coins were replaced by cast die-struck coins as visible in the Post-Mauryan period.
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