what is the significance of numismatics in reconstruction of history?

Question

how does numismatics help in reconstruction of indian history.
and from where did mughals get silver into.

Answer 1

Any form of solid evidence is important in the reconstruction of history. And coins are less likely to be subject to opinion than documents.



There was one king of an English country (before England became unified) who was only known through Scandinavian sagas. There is no English contemporary source that mentions him at all. Scandinavian sagas are not the most reliable source because they were carried forward for two or three centuries by oral process before being written down. And, like any oral source, bits tend to get exaggerated, falsified, etc. So we never knew if the Viking King Knut of York really did exist.



In1840 workmen discovered a massive hoard of coins at Cuerdale, Lancashire - and it contained numerous coins of Knut! From that moment on, his existence was undeniable. Furthermore, the hoard seemed to have been assembled around 905 - 910 a.d. - just a few years after Knut was rumoured to have reigned in York (roughly 900 - 902). So his dates were reasonably well confirmed too.



There are no doubt many stories like this from around the world. But this is the best instance I know of numismatics playing an indispensable part in establishing the correct history of a country. No historian worth his/her salt can afford to ignore numismatics.

Answer 2

My high school teacher used to say, "Money makes the world go around".



Numismatics (Latin: numisma, nomisma, "coin"; from the Greek: νομίζειν nomízein, "to use according to law") is the study or collection of currency, including coins, tokens, paper money, and related objects. While numismatists are often characterized as students or collectors of coins, the discipline also includes the broader study of money and other payment media used to resolve debts and the exchange of goods. Lacking a structured monetary system, people in the past lived in a barter society and used locally-found items of inherent or implied value. A few people today still use bartering in absence of a monetary system. Early money used by people is referred to as "Odd and Curious", but the use of other goods in barter exchange is excluded, even where used as a circulating currency (e.g., cigarettes in prison). The Kyrgyz people used horses as the principal currency unit and gave small change in lambskins.[1] The lambskins may be suitable for numismatic study, but the horse is not. Many objects have been used for centuries, such as cowry shells, precious metals and gems.

Answer 3

Numismatics is the study or collection of currency. The discipline also includes the knowledge of other payment medias , exchange of goods, monetary system, debts. Lack of monetary system in the history would have created issues with exchange of goods, business and trading. People started with metals -issuing gold and silver coins in trading for goods.