French issued gold Pagoda for Southern India trade cast in Pondicherry 1705 1780

The pagoda was a unit of currency, a coin made of gold or half-gold minted by Indian dynasties as well as the British, the French and the Dutch. It was subdivided into 42 fanams. The pagoda was issued by various dynasties in medieval southern India, including the Kadambas of Hangal, the

Kadambas of Goa The Kadambas of Goa were a dynasty during the Late Classical period on the Indian subcontinent, who ruled Goa from the 10th to the 14th century CE. They took over the territories of the Shilaharas and ruled them at first from Chandor, later ...

, and the

Vijaynagar Empire The Vijayanagara Empire, also called the Karnata Kingdom, was a Hindu empire based in the region of South India, which consisted the modern states of Karnataka, Andhra Pradesh, Tamil Nadu, Kerala, Goa and some parts of Telangana and Ma ...

. There were two types of pagoda coined by foreign traders: *The most valuable was the star pagoda, 100 of them were worth 350

rupees Rupee is the common name for the currencies of India, Mauritius, Nepal, Pakistan, Seychelles, and Sri Lanka, and of former currencies of Afghanistan, Bahrain, Kuwait, Oman, the United Arab Emirates (as the Gulf rupee), British East Africa, ...

, issued by the

East India Company The East India Company (EIC) was an English, and later British, joint-stock company founded in 1600 and dissolved in 1874. It was formed to trade in the Indian Ocean region, initially with the East Indies (the Indian subcontinent and Sout ...

Madras Chennai (, ), formerly known as Madras ( the official name until 1996), is the capital city of Tamil Nadu, the southernmost Indian state. The largest city of the state in area and population, Chennai is located on the Coromandel Coast of th ...

. *The second was the

Porto Novo Porto-Novo (Portuguese: "New Port", , ; yo, Àjàṣẹ́, ), also known as Hogbonu and Ajashe, is the capital of Benin. The commune covers an area of and as of 2002 had a population of 223,552 people. Situated on an inlet of the Gulf of Gu ...

pagoda, issued by the Dutch at

Tuticorin Thoothukudi (formerly Tuticorin) is a port city, a municipal corporation and an industrial city in Thoothukudi district in the Indian state of Tamil Nadu. The city lies in the Coromandel Coast of Bay of Bengal. Thoothukudi is the capital and h ...

and also by the

Nawabs of Arcot The Carnatic Sultanate was a kingdom in South India between about 1690 and 1855, and was under the legal purview of the Nizam of Hyderabad, until their demise. They initially had their capital at Arcot in the present-day Indian state of Tamil N ...

, and worth about 25% less than the star pagoda. The French struck local gold "pagodas" and silver "fanams" under contract by the nawabs. The silver coins of the French were called "fanon" which were equivalent to the local "fanam" and could be exchanged at the rate of 26 fanon to one gold pagoda.Exclusive Coins Blogspot, accessed 8 Dec 2015
/ref>

Kattabomman Veerapandiya Kattabomman was an 18th-century Tamil Palayakarrar and king of Panchalankurichi in Tamil Nadu, India. He refused to accept the sovereignty of the British East India Company and waged a war against them. He was captured by the Bri ...

almost cleared all the revenue arrears leaving only a balance of

1080 pagodas 1 (one, unit, unity) is a number representing a single or the only entity. 1 is also a numerical digit and represents a single unit of counting or measurement. For example, a line segment of ''unit length'' is a line segment of length 1. I ...

References

External links

Sources of Karnataka History - Numismatics
Coins of India Economic history of Karnataka {{India-hist-stub

See also

References

External links