Maha Janapadas period (7th or 6th century BCE – 300 BCE)

India may have built up a portion of the world’s first coins, however researchers banter precisely which coin was first and when. At some point around 600BC in the lower Ganges valley in eastern India a coin called a punchmarked Karshapana was made. As per Hardaker, T.R. the starting point of Indian coins can be set at 575 BCE and as per P.L. Gupta in the seventh century BCE. As indicated by Page. E, Kasi, Kosala and Magadha coins can be the most established ones from the Indian Subcontinent going back to seventh century BC and kosambi discoveries show coin dissemination towards the finish of seventh century BC. It is likewise noticed that a portion of the Janapadas like shakiya during Buddha’s time were printing coins both made of silver and copper with their very own blemishes on them.

Punch-checked coins were a sort of early Coinage of India, dating to between about the sixth and second hundreds of years BCE. There are really immense vulnerabilities in regards to the genuine time punch-checked coinage began in India, with proposition extending from 1000 BCE to 500 BCE. Be that as it may, the investigation of the general sequence of these coins has effectively settled that the principal punch-stamped coins at first just had a couple of punches, with the quantity of punches expanding after some time. coin master daily free spins

The first coins in Quite a while may have been stamped around the sixth century BCE by the Mahajanapadas of the Indo-Gangetic Plain, The coins of this period were punch-checked coins called Puranas, Karshapanas or Pana. A few of these coins had a solitary image, for instance, Saurashtra had a bumped bull, and Dakshin Panchala had a Swastika, others, as Magadha, had a few images. These coins were made of silver of a standard weight however with an unpredictable shape. This was picked up by cutting up silver bars and afterward making the right weight by cutting the edges of the coin.

They are referenced in the Manu, Panini, and Buddhist Jataka stories and kept going three centuries longer in the south than the north (600 BCE – 300 CE).