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Lands of Asia layouts (Eng) 26.11.21

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2 .5<br />

<strong>of</strong> Shahri-Munk (Northern Bactria) and a Seleucus I dichalkous coin was found at<br />

Afrasiab. A large number <strong>of</strong> coins (47 specimens <strong>of</strong> Seleucus I tetradrachms and<br />

drachmas) made up part <strong>of</strong> the Amu Darya hoard.<br />

Under the reign <strong>of</strong> Antiochus I, commodity-money relations expanded and<br />

developed more intensively in Northern Bactria and Sogdia. Antiochus I coins have<br />

been found at Takht-i Sangin, including six chalkoi (weighing between 0.72 and 3.12<br />

grams), three drachmas and one chalkous at Old Termez, two chalkoi at Kampyrtepa,<br />

one chalkous at Denau (Northern Bactria), chalkoi at Samarkand and one obolus at<br />

Kurgantepa (Sogdia).<br />

The prevalence <strong>of</strong> chalkoi among these finds indicates a sufficiently well-developed<br />

money-based economy and, in particular, the existence <strong>of</strong> small-scale retail trade. It<br />

should also be noted that Seleucid coins from Seleucus I to Antiochus II were found<br />

in an area immediately adjacent to Transoxiana, at Ai-Khanum. This find included<br />

67 specimens, among them 62 Antiochus I coins, one specimen <strong>of</strong> Seleucus I coins,<br />

three specimens <strong>of</strong> joint-issue Seleucus I and Antiochus I coins, and one specimen <strong>of</strong><br />

Antiochus II (261–246 BC) coins.<br />

The most important event <strong>of</strong> this period was the emergence <strong>of</strong> the Bactrian<br />

coinage <strong>of</strong> the Seleucids under Seleucus I and Antiochus I. Under Seleucus I, silver<br />

coins <strong>of</strong> high value (tetradrachms, drachmas, hemidrachms) were minted at Bactra<br />

with the head <strong>of</strong> Zeus on the obverse and the image <strong>of</strong> Athena in a chariot pulled<br />

by two elephants or four horses on the reverse. They were struck according to Attic<br />

weight standards (whereby a drachma was equivalent to 4.27 grams).<br />

An exception is one series bearing the name <strong>of</strong> Seleucus and Antiochus, struck<br />

according to the ancient Indian karshapana weight standard, which in practical terms<br />

is 3 grams. Under Antiochus I, Bactrian coinage became even more versatile: gold<br />

staters and silver tetradrachms and drachmas were produced, also struck to the Attic<br />

standard, with the bust <strong>of</strong> Antiochus shown on the obverse and the head <strong>of</strong> a horned<br />

horse on the reverse. Copper chalkoi were probably also issued for use in retail trade.<br />

It is quite possible that drachmas <strong>of</strong> Antiochus I were also minted in Sogdia, as can<br />

be seen, in particular, by the issue at the end <strong>of</strong> the 3rd and during the 2nd century BC<br />

<strong>of</strong> Sogdian imitations <strong>of</strong> Antiochus I drachmas depicting a horned horse head.<br />

During this period, the first coins in the name <strong>of</strong> a local Bactrian ruler rather<br />

than in the name <strong>of</strong> a Greek Bactrian king were also issued. These are coins <strong>of</strong> the<br />

ruler Vakhshuvar, as can be seen in the legend in Aramaic on the obverse: there are<br />

specimens <strong>of</strong> gold staters (depicting the bust <strong>of</strong> a man wearing a κυρβᾰσίᾱ (a type <strong>of</strong><br />

headdress) on the obverse and a man on a quadriga facing right on the reverse); and<br />

there are also double staters (depicting the head <strong>of</strong> Alexander in an elephant helmet<br />

on the obverse and a standing figure <strong>of</strong> Nike facing left on the reverse).<br />

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