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1/4 Karshapana - Achyuta

Issuer Panchala Kingdom
Year 300-350
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Composition Copper
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Obverse description Central eight-spoked wheel (chakra) occupying the field, with a raised hub at centre and spokes radiating outward to a plain rim. The device is rendered in low relief on an irregular flan, consistent with the cast coinage tradition of the Panchala kingdom. The surface exhibits the characteristic granular texture of ancient Indian copper coinage of the early centuries CE.
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Reverse script Brahmi
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Additional information

The Panchala kingdom, centered in the upper Gangetic plain around modern Bareilly and Badaun districts, maintained a recognizable local coinage tradition well into the fourth century even as Gupta imperial power was consolidating across northern India. Achyuta is among the last independently attested Panchala rulers before the dynasty effectively disappears from the record — likely absorbed rather than conquered outright.

Quarter karshapana fractions in copper from this late phase are scarce relative to the fuller denomination issues.

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