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Taxila Silver Punch-Marked Coin

Issuer Ujjain region
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Composition Silver
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Reverse description Reverse bears a single prominent circular punch, likely representing the Ujjain symbol — a circle with radiating lines or a solar motif — centrally placed on an otherwise plain, flat silver surface. A secondary faint mark or punch is discernible toward the right field. The surface is smooth and undecorated apart from the applied punch marks, consistent with standard Janapada-period punch-marked karshapana reverses. No legend or inscription is present.
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Edge Plain
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Additional information

Punch-marked coinage from the Ujjain region represents one of the oldest monetary traditions in the subcontinent, with production likely spanning from the 5th century BCE well into the Mauryan period. Ujjain itself was a major commercial hub on the overland routes connecting the Gangetic plain to the western ports, and coins of this type almost certainly passed through those trade networks rather than serving purely local exchange.

The attribution to Taxila in the name reflects where many examples were excavated, not where they were struck — a distinction that continues to generate debate among South Asian numismatists.

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