2 Karshapana - King Chutukulananda Ananda Dynasty

The Ananda dynasty ruled in the Vidarbha region of the Deccan, a territory that sat at the intersection of northern and southern Indian trade networks during the early centuries of the common era. Lead coinage of this type was not a sign of poverty in the monetary system — lead was deliberately chosen for regional low-denomination exchange where silver punch-marked or copper imperial issues were too valuable for everyday transactions. Chutukulananda remains poorly documented in literary sources, known almost entirely through his coins.