Quick Answer: Who made coins in India?

The designing and minting of coins in various denominations is also the responsibility of the Government of India. Coins are minted at the four India Government Mints at Mumbai, Alipore(Kolkata), Saifabad(Hyderabad), Cherlapally (Hyderabad) and NOIDA (UP).

Who made the first coin?

The first coins

The world’s first coins appeared around 600 B.C., jingling around in the pockets of the Lydians, a kingdom tied to ancient Greece and located in modern-day Turkey. They featured the stylized head of a lion and were made of electrum, an alloy of gold and silver.

WHO issued first silver coin in India?

The word rupee was coined by Sher Shah Suri, a renagade governor who broke off from the Mughal Empire during his short rule of northern India between (1540–1545). It was used for the silver coin weighing 178 grains. He also introduced copper coins called Dam and gold coins called Mohur that weighed 169 grains.

WHO launched gold coin in India?

a. The Indo Greeks; is the correct answer as the gold coins were first issued by Indo-Greeks in India. They introduced the gold coins around 270 BC. Ruler, Antochios II was the first one to introduce the gold coins for various economic reasons.

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Which is the oldest coin in the world?

The 1/6-stater coin is more than 2,700 years old and was discovered in Ephesus, an ancient Hellenic city and trading center of Asia Minor. Made from electrum, a natural occurring alloy of gold silver, the coin most likely originated in the area of Lydia.

Which is the oldest coin in India?

Answer: The first Indian coins – punch marked coins called Puranas, Karshapanas or Pana – were minted in the 6th century BC by the Mahajanapadas (republic kingdoms) of ancient India.

What is the most expensive coin in the world?

1. The 1794 Flowing Hair Silver Dollar. The 1794 Flowing Hair Silver Dollar may sit atop the rankings of the most expensive coin ever sold, at least for now.

Who was the first to use gold coins?

The Romans, Persians, and Greeks all utilized gold coins, but the first recorded instance of people using gold coins as currency dates back to before the second millennium BC. The Lydians were an iron age kingdom located in Anatolia or Asia Minor and are credited with the first use of gold coinage as currency.

Who invented gold coins?

It is generally accepted that gold coins were first produced more than 2000 years ago – during the 6th Century BC in Lydia; an iron-age kingdom of western Asia Minor that is now part of Western Turkey.

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