Question

Explain any three features of ancient Indian coinage.

Answer 1

1. Widespread Use of Gold Coins: The Kushana and Gupta rulers issued gold coins in large numbers, showing the existence of valuable long-distance trade and a strong economic system.
2. Regional Variations: Tribal republics such as the Yaudheyas of Punjab and Haryana minted copper coins, which indicate local trade activities and their political independence.
3. High Metallurgical Quality: Gupta coins were known for their high purity, which made trade easier and also strengthened royal power through symbols and inscriptions on the coins.