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1/8 Karshapana - Ujjain

Issuer Ujjain region
Year 200 BC
Type Standard circulation coin
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Reverse description Reverse field occupied by a series of Ujjaini symbols punch-struck onto the irregular copper flan, including wheel-and-dot motifs and other geometric devices characteristic of the Ujjain regional coinage of the late Mauryan and post-Mauryan period. The symbols are distributed across the square field without a fixed compositional arrangement, consistent with the informal punch-marking technique used for fractional copper issues of this era. The surface shows natural patination and uneven die coverage, with no inscriptions or legends present.
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Edge Plain
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Additional information

Ujjain sat at the intersection of two major ancient trade routes — the north-south uttarapatha and the east-west dakshinapatha — making it one of the most commercially active cities in the subcontinent by the 2nd century BC. Punch-marked fractions like this eighth-karshapana circulated alongside much larger silver issues, serving small-denomination exchange in local markets where a full karshapana represented meaningful purchasing power.

The copper fractional series from this region remains poorly documented. ACR#328 is among the less frequently encountered types, with attribution to Ujjain resting primarily on find-site concentrations in Madhya Pradesh.

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