Satavahana Dynasty - Coinage

Coinage

The Satavahanas are the first native Indian rulers to issue their own coins with portraits of their rulers, starting with king Gautamiputra Satakarni, a practice derived from that of the Western Satraps he defeated, itself originating with the Indo-Greek kings to the northwest.

Satavahana coins give unique indications as to their chronology, language, and even facial features (curly hair, long ears and strong lips). They issued mainly lead and copper coins; their portrait-style silver coins were usually struck over coins of the Western Kshatrapa kings.

The coin legends of the Satavahanas, in all areas and all periods, used a Prakrit dialect without exception. Some reverse coin legends are in Telugu language, which seems to have been in use in their heartland abutting the Godavari, Kotilingala, Karimnagar, Krishna, Amaravati, Guntur in Andhra Pradesh.

Their coins also display various traditional symbols, such as elephants, lions, horses and chaityas (stupas), as well as the "Ujjain symbol", a cross with four circles at the end. The legendary Ujjayini Emperor Vikramditiya on whose name the Vikram Samvat is initiated might be Satakarni II a Satavahana emperor as the Ujjayini symbol also appeared on the Satavahana coins.

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