International Research journal of Management Science and Technology

  ISSN 2250 - 1959 (online) ISSN 2348 - 9367 (Print) New DOI : 10.32804/IRJMST

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COINS IN ANCIENT INDIA : TECHNOLOGY AND THEIR ILLUSTRATION

    1 Author(s):  DR. BABITA KUMARI

Vol -  5, Issue- 7 ,         Page(s) : 80 - 85  (2014 ) DOI : https://doi.org/10.32804/IRJMST

Abstract

In Ancient period available evidences in respect of the oldest coinage of India reveal that due to unsuitable medium (Cows, Indra and Soma plant) for store or as the object of high value for long term saving , an alternative medium nishka (an ornament) was introduced by the Vedic people. The Jatakes, the Vedic texts and Satapatha Brahmana mentioned that the nishk latter use as like currency. Hiranyapinds used for making ornaments.in Ancient India coins play a vital role in society,culture & economy.

1. RighVed, VI.47.23.
2. Ibid, V. 54. 11.
3. Ibid, VII. 20.1.
4. RighVed, VIII, 78.8.
5. Ibid, II.33.11.
6. Ibid, I. 126.2.
7. ArthavVed, XX.127.3.
8. RighVed, IV.32-12.
9. Ibid, VI.47-23.
10. Ibid, I. 126.2.
11. 1.3.16 Compare also S. Br., Ix. 4. 1.1.
12. IV. 7.ff.;
13. XVII, 1-4.
14. Cf. D.R. Bhandarkar’sLecutres on Ancient Indian numismatics, p.55, (referred to here as A.I.N.)
15. JNSI, XV, pp. 22-23.
16. Var.Suvarana-satamanayor-Adhyardha-satamanam,dvi-satamanam,Bhashya-upasankhyanam.
17. JNSI, XV, p.21.
18. Ibid, p.30.
19. MatrayaniSamhita, ii.2.2, lays down that one desirous Brahma-var-chase should cook the Charu for Sura placing below it a silver satamana; Sauryamghritecharumnitvapensuklanamvrihinambramavarchasa. Kamah.
20. Weber, Zeitschrift, Vol. XV, 1861, pp 138-9; Thomas, Op. cit., p. 35 ff; Bhandarkar, pp. 56 ff; V.S. Agrawala-India as known to Panini, pp.262 ff; Altekar, JNSI, XV, pt. I, pp.15 ff.
21. Kathakasambita, VIII.5.
22. Cunningham, Coins of Ancient India, pp. 42 ff; Bhandarkar, Carmichael lectures in Ancient Indian Numismatics, pp. 76 ff; Allan, BMC, A.I., Introduction, pp. ixxiiiff; Altekar, JNSI, XV, pp 19 ff; Agrawal V-S JNSI, XV, pp. 31 ff.
23. Bhandarkar, op. Cit, p. 81.
24. Smvidhana Brahmana, III. 7.9.
25. Panini, V.1.48; V.1.49; V.1.34.
26. D.R. Bhandarkar, A.I.N., p 79.
27. Patanjali, II. 1.69.5; I. 404.
28. Bhashya, V.1.21; II. 3.46.
29. Ashtadhyayi, V.1.29, 30-V.1. 34.
30. Ashtadhyayi, V.1.34.
31. Bhandarkar, op.cit. p.;
32. Cf. A.I.N. pp.52, Arth, II. 18. P. 108.
33. Ashtadhyahi, V.147;
34. JNSI, VIII, p.32.

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