Showing posts with label CURRENCY. Show all posts
Showing posts with label CURRENCY. Show all posts
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.
Wednesday, November 4, 2009
ASRAFI
After the battle of plassey, the British rule was imposed in Bengal and Orrisa. But due to the past experience, instead of making coins in their names, they continued the Muhar an rupaya coins in the name of shah
Alam. The British started a mint in Kolakata. The muhar made in the mint was known as asrafi. In Hindi and Urdu literature after the period, the mane asrafi is mentioned many times. After Aurangazeb the Mughal empire started declining. Then the chieftains started ruling independently. Even then they were making coins in the name of Mughal emperors.
Alam. The British started a mint in Kolakata. The muhar made in the mint was known as asrafi. In Hindi and Urdu literature after the period, the mane asrafi is mentioned many times. After Aurangazeb the Mughal empire started declining. Then the chieftains started ruling independently. Even then they were making coins in the name of Mughal emperors.
PAISA, DAMADI, TANKA
The coins made by Sher Shah were called ‘dam’. Akbar also made similar coins of copper. These coins were known as ‘paisa’ or ‘falus’. Similarly ‘nisfi’ (half a Dam) ‘Damar’ (quarter ‘Dam’) and ‘damari’ (one eighth of ‘Dam’) were the coins in circulation at that time. The coins known as ‘paisa’ and ‘damari’ (‘damadi’) were in circulation for a long period. These names are also found in literature. Akbar had introduced copper coins known as ‘tanka’. On them words ‘Tanka Akbar Shahi Delhi,’ are found.
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