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Cunningham (1891) asserts that ancient India had an abundance of gold but little silver. The gold to silver ratio in India was 10 to 1 or 8 to 1. In contrast, in the neighbouring Persia, it was 13 to 1. This value differential would have incentivised the exchange of gold for silver, resulting in an increasing supply of silver in India. [29]
Karimnagar Silver Filigree is a silver filigree made in Karimnagar, India. [1] It is an ancient art of Karimnagar. [2] [3]
The silver coin remained in use during the Mughal period, Maratha era, as well as in British India. [7] Among the earliest issues of paper rupees include the Bank of Hindostan (1770–1832), the General Bank of Bengal and Bihar (1773–75, established by Warren Hastings ), and the Bengal Bank (1784–1791).
The India Government Mint, Kolkata was first established in 1757, [2] and was located in a building next to the Black Hole in the old fort – where the GPO (General Post Office) stands today. [3] It was called the Calcutta Mint and used to produce coins with the mint name Murshidabad .
The BIS Hallmark is a hallmarking system for gold as well as silver jewellery sold in India, certifying the purity of the metal. [1] [2] It certifies that the piece of jewellery conforms to a set of standards laid by the Bureau of Indian Standards, the national standards organization of India. India is the second biggest market for gold and its ...
A silver coin of 1 karshapana of King Pushyamitra Sunga (185–149 BCE) of the Sunga dynasty (185–73 BCE), workshop of Vidisa (?). Obv: 5 symbols including a sun Rev: 2 symbols Dimensions: 19.7 x 13.87 mm Weight: 3.5 g. A silver coin of 1 karshapana of the Maurya empire, period of Bindusara (c. 297–272 BCE), workshop of Pataliputra.