Thursday, November 5, 2009
MINT AT MANYN PLACES.
There was a mint at Kolhapur which was owned by Chhatrapati. The coins, which were manufactured there, were known as Shambhu coins. It seems that during there was a different system of making coins. Nanasaheb Peshwe permitted different money lenders to make coins. In return, these money lenders gave a fixed quota from the coins. There were many mints including Nagothane. This system was practiced till the end of Peshwa period. Shinde, Holkar, Nagpurkar Bhosale and many other chiefs started their own mints.
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