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Karshapana

Issuer Saurashtra Janapada (Janapadas (pre-Mauryan))
Year 200 BC - 1 BC
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Technique Hammered
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Obverse description Irregular square flan bearing an arrangement of multiple punch-marked symbols in the field. A prominent central vertical staff or pillar motif is flanked on the left by a taurine or bull symbol accompanied by a small ankh-like device, and on the right by a standing human or deity figure with outstretched arms. Additional symbolic punches, including a crescent or serpentine motif, appear in the upper field. A horizontal line divides the lower portion of the flan, typical of Saurashtra regional coinage. All devices are applied by individual punch tools in the characteristic janapada tradition.
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Mintage ND (200 BC - 1 BC)
Additional information

The Saurashtra janapada occupied the peninsula now known as Kathiawar in Gujarat, and its punch-marked and cast bronze issues circulated within a regional economy largely independent of the Gangetic monetary system. Most karshapanas are silver and tied to the main artery of Mauryan and pre-Mauryan trade — a bronze karshapana from a western peninsular janapada is a distinctly local instrument, reflecting markets where silver coinage had less penetration.

The two-century date range assigned to this piece reflects genuine scholarly uncertainty; attributing these regional bronzes precisely remains difficult given limited stratified excavation data from Saurashtra sites.

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