Ancient India had city-states which acted as prominent trade centers. To enhance and enlarge the trade and economy they issued coins to trade with the neighbouring states. One such city-state was Suktimati. Located on the banks of the river Shuktimati, it was the capital city of the Chedi Kingdom.
The given coin image is one of the specimens of Suktimati coinage (200 BC). It is a Copper Karshapana weighing 2.75 grams. The obverse has horse walking to the right, six armed symbols with alternate taurine and arrowhead, Ujjain symbol and tree in the railing. The reverse has a Brahmi legend ‘Suktimati’ and Ujjain symbol.
This coin was sold for INR 8,600 at a Todywalla auctions. Most of the Suktimati coins have either a horse or an elephant on the obverse. Explore more of these coins on our website.