Numismatics - Gupta Coins

Introduction The story of coins is interwoven with the history of mankind. To trace its story, one has to look back to the remote past. When people settled in localities and the communities grew in size, the exchange of products became a necessity; then the mutual exchange of things took the shape of trade and the system of barter was evolved. In course of time, certain commodities got preference over others and a higher value was attached to them. They assumed the character of a medium of exchange and got a standard by which the value of other things was estimated. Thus emerged the notion of the unit of value. This was the first step towards the evolution of coinage. The reconstruction of ancient Indian history necessitates the importance of archaeological evidences of a particular period. Amongst the various archaeological sources the numismatical evidences are of prime importance. ‘Numismatics’ is generally known as ‘the study of old coins’ which are used for the reconstruction of ancient Indian history. The reign of the Guptas in Indian history is a fascinating one. As a matter of fact, it saw a prosperous and plentiful life. Towards the beginning of the 4th century A.D., the dynasty of the Gupta emperors rose out of a small principality, situated somewhere in Eastern Uttar Pradesh or Bihar; and it lasted for more than two centuries. The founder of the dynasty was Sri Gupta. It was the most renowned, prosperous, ever progressing and self sufficient dynasty in ancient Indian history. This dynasty produced emperors of class who not only expanded and consolidated the political power of India but also administered excellent economic and administrative techniques which led to happy social living during their reign. As compared to the empire of the Mauryas, the Gupta empire was less extensive, but more enduring than that of the Mauryas. This period of the Guptas is known as ‘the classical age of Indian history’ because this period witnessed the growth of

Bibliography:  Samel, Elements of Archaeology, Museology & Library Sciences, Manan Prakashan, Mumbai, 2007  Parmeshwari Lal Gupta, Coins, National Book trust, India, 1969  A.S.Altekar, Coinage of the Gupta Empire, Numismatics Society of India, India.