Continue reading from Part IV After the coronation, the British made a trade agreement with the Maharaj. The last clause was that British coins should be used in the Marathi state. Chhatrapati opposed this clause with following statement – ‘इंग्रज आमच्या राज्यात त्यांच्या नाण्याचा वापर चलनासाठी/देवघेवीसाठी करू इच्छितात. कोणतेच सार्वभौम राज्य हे मान्य करणार नाही.…
Continue reading from Part III Some other coins of Swarajya and their price relation with Hon coin price: 2 Pratap = 1 Hon4 Dharan = 1 Hon8 Chawal = 1 hon16 Duval = 1 Hon32 Byal = 1 Hon64 Vis = 1 hon Maharaj introduced these and many other types of coins on the day…
Continue reading from Part II Rupaya: At that time, gold hons and silver rupaye were prevalent in the southern provinces. So hon was the main coin and silver rupaye were considered as supplementary coins. On the contrary, in the Northern Provinces, silver rupaye were considered as the main coins, while gold mohars were considered as…
Continue reading from Part I Following are some of Maharaja’s currencies Hon: Hon were made of gold. Hon is a Kannada word meaning gold. At that time, there were 26 types of hons, including those of Swarajya and foreign ones. Their types were determined by their size and weight. The list of 25 types of…
During the Shiva period, the practice of giving goods or services in exchange for goods or services was more prevalent. This practice is called ‘Balutedar method’. The use of currency was very less during Shiva period. But Shivaji Maharaj gave more priority to the use of currency. For that he introduced gold coins, silver coins…
