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Indian silver currency an historical and economic study by Karl Ellstaetter

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Published by Univ. Press in Chicago .
Written in English


  • Currency question -- India

Book details:

Edition Notes

Statementtr. J. Laurence Laughlin.
SeriesEconomic studies of the Univ. of Chicago, 3
ContributionsLaughlin, J. Laurence 1850-1933.
The Physical Object
Paginationx, 116 p.
Number of Pages116
ID Numbers
Open LibraryOL23306291M

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make offer - india lot of 4 coins 1/4 anna & silver 1/4 + 1 rupee (toned unc!) T20 British India C 1/4 Anna Copper PCGS MS 64 RB Pop 1 Rare 💎 🔝🎯 $ 4d 8h. The book is appropriately planned to enable the reader to grasp the fundamental mechanism and the objective of the Indian currency system. Certainly, the book will serve as a practical guide to understand the history and problems of Indian currency as well as the readers will follow the line of future developments with a firm hold. Origin of Indian currency Prehistoric and Bronze age origins. Cowry shells were first used in India as commodity money. The Indus Valley Civilization may have used metals of fixed weights such as silver for trade activities which is evident from the DK area of Mohenjo Daro from the late Harappan perod (dated BC or BC). The Indian currency system had always attracted the curiosity of the British. In the eminent economist Sir James Steuart advanced a recommendation to the East India Company “for correcting the defects of the present currency.”John Maynard Keynes wrote his first book, Indian Currency and Finance, after serving on a committee studying India’s monetary system.

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