2016-11-15 Tue

The Early coins of Madaras mint were based on the South Indian metrology and pattern. Known to have minted in Gold, Silver and Copper, these coins depict the beliefs and traditions of the locals.

Madras coins of South Indian Pattern were issued by Madras Presidency in the year of 1730. Known as the “Three Swami Pagoda”, these coins these coins were a failure. Hence, a new type with the Image of Vishnu was struck which remained in circulation until the end of 18th Century.

With the rise of the new century, a new type with a broad thin flan was introduced. Known to have issued during 1808-1815, these coins are called the Gopuram Pagoda and are extraordinary among the coins of Madras Presidency.

Issued in Gold and Silver, these coins are generally known as “Pagodas”. They come with different denominations such as “Pagoda” and “2 Pagoda” in gold whereas “1/2 Pagoda” and “1/4 Pagoda” in Silver.

The Obverse depicts Gopuram of a temple with 9 stars on either side in the centre as well as value in English and Persian on buckled garter around the Gopuram. On the other hand, Lord Vishnu surrounded by a dotted border and ribbon with value in Tamil and Telugu around is shown on the reverse.