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The Problem of the Rupee, Its Origin and Its Solution

Note 10 — Chapter I

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It is stated in the Imperial Gazetteer of India (Vol. IV., p. 514), that in the early days of the Moghul rule there was only one Mint—at Delhi—which struck the Imperial coins. The Emperor Sher Sha was the first to introduce a plurality of Mints for coinage purposes—a practice continued and extended by the later emperors until between the reigns of Akbar and Bahadur Sha II the Mints numbered about 200. From the East India Moral and Material Progress Report for 1872–73 it is clear that not every Mint was open to the coinage of all three metals, gold, silver and copper; but that some Mints coined only gold, others silver, and the rest copper (see Report, pp. 11–12).

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