Ganjam
|
Europeans |
Copper coins may have been
produced at Ganjam but, if so, they have not been identified. They were
probably identical to those produced at Masuliptam (Machhlipatan).
In 1793, the authorities at
Ganjam were asked for their opinion on the proposed new copper coinage [1]
References
[1]
Letter from the Resident at Ganjam to
Government, dated
…The late chief and council were of opinion
that a new copper coin struck in England of the full weight of a standard dub
would pass current at about fifty five to the rupee and four rupees or two
hundred and twenty dubs to the Madras or three sawamy
pagoda.
As the exchange however is to be fixed, and
the coin is to be of the full weight of a standard dub, I am clearly of opinion
that only forty eight should be granted in exchange for the Arcot rupee, four
of which pass for a Madras or three swamy pagoda.
I estimate that there may be in circulation
about (800,000) eight lack of the debased dubs in this district, and that, of
the proposed new coins, the following proportions may be required for the first
and succeeding years
|
First Year |
|
|
Dubs |
480,000 |
|
Half Dubs |
20,000 |
|
Quarter Dubs |
40,000 |
|
|
|
|
And for each succeeding year |
|
|
Dubs |
360,000 |
|
Half Dubs |
15,000 |
|
Quarter Dubs |
30,000 |