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The Gupta Empire produced large numbers of gold coins depicting the Gupta kings performing various rituals, as well as silver coins clearly influenced by those of the earlier Western Satraps by Chandragupta II. [1] The standard gold coin was the 8g Dīnāra (Sanskrit: दीनार), [65] modelled after the Roman denarius.
In December 1672, the East India Company started a mint in Bombay and European style gold, silver, copper, and tin coins were struck. The gold coin was named Carolina, the silver coin Anglina, the copper Copperoon, and the tin coin called the Tinny. The exchange rate was set at 11 Tiduckone Copperoon and 48 Copperoons to one Anglina.
Mumbai Mint has a state-of-the-art gold refining facility up to 999.9. Hyderabad Mint has electrolytic silver refining facility up to 999.9. Commemorative coins are made at Mumbai and Kolkata. Kolkata and Hyderabad have facilities for making medallions, too. The Noida mint was the first in the country to mint coins of stainless steel.
English: This chart shows the nominal price of gold along with the price in 1971 and 2011 dollars (adjusted based on the consumer price index). The historical gold price was obtained from www.igolder.com; CPI was obtained from www.rateinflation.com. The data is in section Chart Data.
The mohur coin was first introduced by Sher Shah Suri during his rule in India between 1540 and 1545 and was then a gold coin weighing 169 grains (10.95 grams). He also introduced copper coins called dam and silver coins called rupiya that weighed 178 grains (11.53 grams). [ 3 ]
The Indian Head gold pieces or Pratt-Bigelow gold coins were two separate coin series, identical in design, struck by the United States Mint: a two-and-a-half-dollar piece, or quarter eagle, and a five-dollar coin, or half eagle. The quarter eagle was struck from 1908 to 1915 and from 1925–1929.