Manufacturing fake currency or counterfeit money is illegal in every country as they are produced without the consent of the Central Bank or the Government. It can lead to major setbacks on the economic stability of a country. More circulating money means that its value depreciates over time which in turn leads to inflation. It also results in mistrust among people decreasing acceptability of money and sharemarket value. Trade is the most affected when merchants have to face immense losses as fake notes are not reimbursed by banks of other countries.
Coins without symbols are incomplete. Symbols play a very important role in defining a coin. The prominent ones that are seen on the obverse or the reverse of the coins are the dynastic emblems or symbols. Other than these symbols we see other motifs that are sometimes referred to as secondary or auxiliary symbols.
This week, in a way, has been a colourful week really that kick-started with Holi. As the entire nation indulges in fun and frolic that the festivities invite, we thought of touching upon a colourful topic in numismatics as well – Toned coins.
Who doesn’t love elephants? This massive yet cute animal has captured our hearts since our childhood. All authoritative “Hathi” from Rudyard Kipling’s Jungle book, the obedient pet “Shep” from George of the Jungle, the cute baby elephant “Dumbo” with abnormally large ears, “Heffalumps” from Winne the Pooh, Dr. Seuss’ elephant “Horton” just so many of them, each uniquely beautiful.
There might not be a single day when you have not exchanged coins with someone. But, have you ever wondered how modern coins are minted? Let’s take a closer look at the coin minting process that is involved in striking the coins that you have with you, right now in your pockets!
It is that time of the year that every Indian has anticipated from a very long time! Celebrations are on, as Diwali is almost here and we present coins of India and stamps that are in some way related to his joyous occasion!
Hello, everyone! Interested in building Numismatic as your hobby? But do not know from where to start? So keeping in mind about the beginners, we have brought the basics of Numismatics for you. Today we have got few amazing Numismatics facts to add to your knowledge. So get little curious and let’s get started.
Old and tarnished, small pieces of metal were how Yaudheya coins were found for the first time by some canal digger way back in early 1800’s in Saharanpur (Uttar Pradesh). After which numerous hoards of tribal coins were found from Western U.P. Rajasthan and all over India and also present day Pakistan. Yaudheya coins caught the attention of great numismatist James Prinsep; but as there was no information available at that time he wrongly assigned these coins to Indo-Greek kings. Later after further research in Indian numismatics the coins were rightly assigned to ‘Yaudheya’ the warrior tribe. A new enchanting chapter of Tribal coins found its place in Ancient Indian History where there is depiction of temples on Yaudheya coins.
Coin collecting is one of the most popular hobbies in the world. It is a great way to learn about the historical, political and economical aspects of a country. But as they say, you need to start somewhere. If you have been thinking for a while about collecting coins, here are some basic coin collecting tips and tricks that will get you started!
Akbar was the third ruler of the Mughal Dynasty in India from 1556 to 1605. He succeeded Humayun and went on to become one the greatest Mughal Emperors to conquer almost the entire Indian Subcontinent north of the Godavari river. Coins of Akbar also reflect the power of this mighty emperor and they are the most exquisite and varied among the ones that were minted by other Mughal emperors. He was the one who made his mark with the help of Mughal military apart from political, cultural, and economic reforms that he introduced. His religiously and culturally diverse policies helped him gain support of the non-muslim sections of the society. He was the one who revolutionised Mughal style arts, painting, and architecture. Akbar preached about Din-i-Ilahi, a beautiful amalgamation of Islam, Hinduism, Zoroastrianism, and Christianity. He trusted his subjects, irrespective of their caste or religion and offered them important positions in the administrative and military setups. He got rid of the sectarian and celebrated all kinds of festivals.