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Dinar - 'Ilkhan' Gaykhatu Khan Post-Mongol Iran, Afghanistan and Central Asia
| Issuer | Ilkhanate |
|---|---|
| Year | 1291-1294 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Dinar (1256-1388) |
| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | Log in to see details |
| Thickness | Log in to see details |
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| Technique | Log in to see details |
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| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Arabic |
| Obverse lettering | Log in to see details |
| Reverse description | The reverse field is filled with multiple horizontal lines of Mongolian script in Uighur-Mongolian notation, reading in the name of the Khagan Erinchindorji, proclaiming the coin to be minted in pure gold. A circular marginal legend frames the central inscription, consistent with Ilkhanid bilingual coinage practice. The lettering is struck in bold relief on the irregular gold flan, with characteristic hammer-struck unevenness at the edges. The use of Mongolian script alongside Arabic on Ilkhanid coinage reflects the dynasty's dual cultural identity during the reign of Gaykhatu. No mint name is legible on this specimen. |
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| Reverse lettering | Log in to see details |
| Edge | Log in to see details |
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| Additional information |
Gaykhatu's reign is best remembered for a fiscal catastrophe. In 1294, facing treasury collapse, he introduced chao — paper money modeled on Chinese practice under the Yuan — making the Ilkhanate the only Islamic polity ever to attempt paper currency. The experiment lasted roughly two months before bazaars shuttered entirely and the population refused the notes outright. Gold coinage like this dinar was briefly suspended during that period, making pre-chao strikes the last hard money many merchants handled before the crisis.