1 Cash Paikend, two crosses

Paikend — a Sogdian merchant city on the Silk Road southwest of Bukhara — minted its own autonomous coinage during the decades bracketing the Arab conquest of Transoxiana. The city fell to the Umayyad forces around 706–709 AD, ending local civic coinage production entirely. This issue almost certainly predates that final assault, struck when Paikend still functioned as an independent commercial hub wealthy enough to require its own fiduciary currency.

Zeimal's classification remains the primary reference for Sogdian civic bronzes; the two-cross type is among the more distinctive of the Paikend series.