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AV Unit Tree and Rail

Issuer Uncertain Indian mint (India (ancient))
Year 300 BC - 200 BC
Type Standard circulation coin
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Obverse description Central punch motif depicting a stylized tree with seven branches, enclosed within a rectangular railing or fence-like border, rendered in low relief consistent with early Indian punch-marked coinage. The tree, possibly a sacred or auspicious species, rises from a central trunk and spreads symmetrically, its branches terminating in rounded forms suggestive of foliage or fruit. The surrounding railing is delineated by a series of horizontal and vertical strokes forming a grid-like enclosure. The entire design is contained within an irregular circular flan, typical of the hammered gold coinage of ancient India. The field outside the central motif is flat and largely unadorned.
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Mintage ND (300 BC - 200 BC)
Additional information

The "tree and rail" punch-marked gold units occupy an uncomfortable position in South Asian numismatics — their attribution remains genuinely contested, with no scholarly consensus on issuing authority. The period bracketed here overlaps with the Mauryan Empire's peak administrative reach, and some researchers have proposed imperial connections, but the punch sequences on gold issues differ enough from the well-documented silver series that confident attribution to any single mint or polity is irresponsible.

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