Five lines on history of coin
Answers
Answer:
Ancient Indians were the earliest issuers of coins in the world, along with the Chinese and Lydians (from the Middle East). 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.
Answer:
The world's first coins emerged around 600 B.C., jingling around in the pockets of the Lydians, a kingdom connected to ancient Greece and located in modern-day Turkey.
Explanation:
Coins were introduced as a form of payment around the 6th or 5th century BCE. The creation of coins is still shrouded in mystery: According to Herodotus (I, 94), coins existed first minted by the Lydians, while Aristotle asserts that the first coins were minted by Demolike of Kyrie, the wife of King Midas of Phrygia.
The world's first coins emerged around 600 B.C., jingling around in the pockets of the Lydians, a kingdom connected to ancient Greece and located in modern-day Turkey. They featured the stylized head of a lion and were created of electrum, an alloy of gold and silver. The idea of money had been around for a while.
The first PMC coins in India may have been stamped around the 6th century BCE by the Mahajanapadas of the Indo-Gangetic Plain, The coins of this course were punch-marked coins named Puranas, old Karshapanas, or Pana.
Ancient Indians existed as the earliest issuers of coins in the world, along with the Chinese and Lydians (from the Middle East). The first Indian coins – punch-marked coins named Puranas, Karshapanas, or Pana – were minted in the 6th century BC by the Mahajanapadas (republic kingdoms) of ancient India.
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