Coins of ancient times in india

The history of the rupee traces back to ancient times in the Indian subcontinent. The mention of rūpya by Pāṇini is seemingly the earliest reference in a text about coins.^[2] The term in Indian subcontinent was used for referring to a coin.^[3]

The word "rupee" is derived from a Sanskrit word "rūpya", which means "wrought silver", and maybe also something stamped with an image or a coin.^[4] As an adjective it means "shapely", with a more specific meaning of "stamped, impressed", whence "coin".

It is derived from the noun rūpa "shape, likeness, image".^{[citation needed]}

Arthashastra, written by Chanakya, prime minister to the first Maurya emperorChandragupta Maurya (c. 340–290 BC), mentions silver coins as rūpyarūpa, other types including gold coins (suvarṇarūpa), copper coins (tāmrarūpa) and lead coins (sīsarūpa) are mentioned [This claim is disputed].

Rūpa means form or shape, example, rūpyarūpa, rūpya