The issue of gold coins during the Gupta period reflected the good financial health of the kingdom. However, the design and execution gradually deteriorated as a result of their territory getting reduced in size. During Chandragupta's rule the use of gold was almost 90% of the coinage, which reduced to 75-80% during the reign of Skandagupta, which went on to show an economic decline.
In the Gupta period (early 4th to the late 6th century), the largest numbers of coins were issued in Gold coins. In this period, different Gupta rulers circulated a large number of gold coins.
Gupta dynasty was founded by Srigupta in South-East Bihar in 260 AD. He ruled from 260 AD to 280 AD.
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The issue of gold coins during the Gupta period reflected the good financial health of the kingdom. However, the design and execution gradually deteriorated as a result of their territory getting reduced in size. During Chandragupta's rule the use of gold was almost 90% of the coinage, which reduced to 75-80% during the reign of Skandagupta, which went on to show an economic decline.Answer:
In the Gupta period (early 4th to the late 6th century), the largest numbers of coins were issued in Gold coins. In this period, different Gupta rulers circulated a large number of gold coins.
Gupta dynasty was founded by Srigupta in South-East Bihar in 260 AD. He ruled from 260 AD to 280 AD.