Sixteen Mahajanapadas of Buddhist Literature, c. 550 BC
Distribution of Punch-marked Coin Hoards in Indian Subcontinent
Janapadas to whom Coins are Assigned, c. 600-300 BC
A Ratti-fruit from Kanheri Caves, Bombay
A Lump of Metal
A Dish of Cow-Dung
An Earthen Furnace
Molten Metal (Drop)
A Coin Blank (Planchet)
A Modern Punch
A Coin Blank being Stamped with a Punch
Droplet Coins
Scyphate Coins
A Coin with a Laminated Flan
A Silver-plated Copper Coin
Single-Die Coins
Punch-marked Coins
A Shalaka (Bent Bar) Coin
Restruck Coins
Clipped Coins
Main Symbols on Obverse
Ancillary Symbols
Common Lakshanas (Marks) found on Punch-marked Coins
Metrology of Janapada Coins
State Symbols of Janapadas
Series 12
Series 15
Series 18
Series 21
Series 23
Series 29
Series 33
Series 34
Series 36
Series 37
Series 48
Series 50
Series 53
Series 54
Series 58
Series 64
Series 68
Series 76
Series 82
In pre-historic times, humans first recognized the value of items through barter, transitioning to currency and then to coinage. Currency is a medium for transactions, while coinage represents officially minted, specific metallic entities with defined weight, size, design, and legal authority. The development of coinage reflects advances in urban civilization around the first millennium BC.
The earliest coinage in the Indian subcontinent is referred to as Punch-marked coins, associated with silver coins produced using the punch-marked technique around the 6th to 4th centuries BC. Issued by various states called Janapada, these coins carried designated symbols indicative of their authority.
The term Janapada indicates a political state derived from the Sanskrit word "jana," referring to people or tribes. Each Janapada functioned as an independent political entity with its language and deities, following diverse governance forms, including monarchies (Rajya) and republics (Sangha). Important Janapadas included Kashi, Kosala, Magadha, and Avanti, each contributing to the regional dynamics during this early historic period.
Monetary developments trace back to pre-historic barter systems using tools, livestock, or other items, evolving to agriculture-based trades in the Neolithic period using various items like cowrie shells. For Vedic societies, livestock was often a measure of wealth and served as payment.
Pre-Buddhist monetary history from c. 800-600 BC shows that gold and silver started to gain prominence, paving the way for an increasing acceptance of metallic currency. This period lacked substantial archaeological evidence but suggested advances in monetary systems, leading to the continued evolution leading up to punch-marked coins.
Located in modern Delhi and Meerut, the Kuru Janapada was historically significant due to leaders like Ishukara and the lineage traced back to Yudhishthira of the Mahabharata. The Janapada was politically fragmented but robust enough to withstand initial conquests before falling to Mahapadma Nanda around 350 BC.
Andhra Pradesh played a formative role in shaping coinage practices with distinct series of coins reflecting local governance and socio-economic conditions.
The Kosala kingdom was known for its monetary exchanges, exemplified through various hoards and types of coins which symbolized the local trade requirements.
The proliferation of coin collecting has led to an increase in forgeries, with modern challenges emerging around historical monetary artifacts. Techniques have been outlined to identify forgeries based on material, markings, and adherence to historical minting practices.
The summary captures the essence of the document’s exploration of ancient Indian coinage, notable Janapadas, and their significance in early historical narrative.