Note 27 — Chapter V · THE KSHATRAPAS (b.c. 70–a.d. 398.)
Reading edition
The meaning of this symbol has not yet been made out. It is very old. We first find it on the punched coins of Málwa and Gujarát (regarded as the oldest coinage in India) without the serpentine line below, which seems to show that this line does not form part of the original symbol and has a distinct meaning. ↑