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The design is the
same as that of the style, (Quarter Dollar 1838-1866), Style (Quarter Dollar
1853), Style (Quarter Dollar 1866-1891), Style (Half Dollar 1839-1866), Style
(Half Dollar 1853).
This contributes
greatly to at least one form of type collecting. Unfortunately, the 20 Cent of
1875 cannot be included in such a set because all other denominations had
disposed of the Lady on the Rock as their main device some years earlier.
Details: Country
Obverse:
Reverse: A left facing bald eagle with wings spread in an upward position without
motto and holding three arrows, Lettering on top uncompleted circle UNITED
STATES OF AMERICA, Mint Mark name CC, Carson City Mint.
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Wednesday, 8 April 2015
ONE DOLLAR (LIBERTY SEATED), 1840-1866
Thursday, 26 February 2015
Fifth Exhibition of Historical coins and currencies, under throw Q-COLLECTION By coinsrevolution.blogspot.com
Visitors visit us: Ghotki Pupils,
Civil Society & also visit us Honorable Agha Muhammad Bilawal Khan Pathan,
Advocate Lal Bux Ghoto, Rauf Paras Dayo, Lala Sahib Dino Pathan, and Muhammad
Saleem Dayo with various citizens.
Historical Coins & Currency display on
stalls of periods Indo-Greek, Bactrian Greek, Kushshan dynasty, Sasanian,
Hibari, Ghaznavid, Slave dynasty, Scythian, Parthian, Khilji, Tughlaq, Mughal,
Lohara dynasty, Chola dynasty, Arghon, Tarkhans, Bakhar, Shikarpur, Taimor Shah
and related various dynasty periods.
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Tuesday, 6 January 2015
Delhi : Muhammad bin Tughluq , 1325 – 1351 A.D. Silver coin 32 rati.
Muhammad
bin Tughluq (1325 -
1351). Ghiyasuddin was succeeded by his
son Prince Juna khan, Fakhuruddin Muhammad the title of Muhammad Tughluq, in
1325 AD. Sultan had applied to the Abbasid Caliph Al – Hakim II (42nd Caliph of
the Abbasid Caliphate in
The token currency, 1330 A.D. Muhammad-bin-Tughluq has rightly been called the
prince of moneyers. One of the earliest acts of his reign was to reform the
entire system of coin age to determine the relative value of the precious
metals and to found coins which might facilitate exchange and form convenient
circulating media. But far more daring and original was his attempt to
introduce a token currency. Historians have tried to discover the motive which
led the Sultan to attempt this novel experiment. The heavy drain upon the treasury
has been described as the principal reason which led to the issue of the token
coins. It can not be denied that a great deficiency had been caused in the
treasury by the prodigal generosity of the Sultan, the huge expenditure that
had to be incurred upon the transferred of the capital and the expeditions
fitted out to quell armed rebellions. But there were other reasons which must
be mentioned giving an explanation of this measure. The taxation policy in the
Doab had failed; and the famine that still stalked the most fertile part of the
kingdom, which is the consequent decline in agriculture, must have brought
about a perceptible fall in revenue of the state. It is not to be supposed that
the Sultan was faced with bankruptcy; his treasure was not denuded of specie
for he subsequently paid genuine coins for the new ones, and managed a most difficult
situation with astonishing success. He
wished to increase his resources in order to carry into effect his grand plans
of conquest and administrative reform, which appealed so powerfully to his
ambitious nature. There was another reason; the Sultan was man of genius who delighted in originality and loved experimentation. With the examples of the Chinese and Persian rulers before him, he decided to try the experiment without slightest intention of defrauding or cheating his own subjects as is borne out by the legends on his coins. Copper coins were introduced and made legal tender; but the state failed to make the isue of the new coins a monopoly of its own. The result was, as the contemporary chronicler points out in right orthodox fashion, that the house of every Hindu of course as an orthodox Muslim he condones the offences of his coreligionists was turned into a mint and the Hindus of the various provinces manufactured lacks and crores on coins. Forgery was freely practiced by the Hindus and the Muslims; and people paid their taxes in the new coin and purchased arms, apparels and other articles of luxury. The village headmen, merchants, and landowners suppressed their gold and silver, and forged copper coins in abundance, and paid their dues with them. The result of this was that the state lost heavily while private individuals made enormous profits. The state was constantly defrauded for it was impossible to distinguish private forgeries from coins issued by the royal mint. Gold and silver became scarce; trade came to a stand-still and all business was paralyses. Great confusion prevailed; merchants refused to accept the new coins which became as “valueless as pebbles or potsherds.” When the Sultan saw the failure of the scheme, he repealed his former edict and allowed the people to exchange gold and silver coins for those of copper. Thousands of men brought these coins to the treasury and demanded gold and silver coins in return. The Sultan who meant no deception was considerably defrauded by his own people, and the treasury was drained by these demands. All token coins were completely withdrawn and the silence of Ibn Batuta who visited |
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