Aditya S. Ashtekar

ABSTRACT

In this paper, I have tried to analyze some data of ancient coins of the western Kshatrapa dynasty. Here, I have tried to find if the cost of silver was stable or not during the period of mid-1st century AD to the start of 4th century AD. I have tried to explore it by the study through the coins of that era. This data was available to me through a book of Mr. Jha and Dr. Rajgor. When I analyzed it, I came to the conclusion that there was a value controlling system of coins even in the 1st century; just like today. I thank Prof. M. B. Kulkarni – Head of the department of statistics, byk college- for helping me with this project. I also thank Mr. Amiteshwar Jha from IIRNS for giving me the information about the coins.