Diwali 2024: Why the Re 1 Coin is Included in Every 'Shagun' Envelope?

As the vibrant festivities of Diwali 2024 kick off with Dhanteras on October 29, many families are embracing the tradition of purchasing gold and silver coins . These coins have a rich history, serving not just as currency but also as sacred offerings in various rituals. One coin, in particular, holds special significance during this festive season: the humble Re 1 coin . Let’s delve into its historical roots and why it is an essential part of Diwali celebrations.
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# A Journey Through Time: The History of Coins

Origins of Coinage
Coinage dates back over 4,000 years to the Babylonian civilization in Mesopotamia. The first widely recognized coin, the Lydian Lion, was minted under King Croesus in Turkey. Interestingly, India's history with coins precedes even the Maurya dynasty. Archaeological evidence suggests that the first Indian coin, known as the ‘Pana,’ was discovered in Barh Nagar, Uttar Pradesh, featuring an elephant and a tiger.


The Birth of the Rupee
The term ‘rupee’ was introduced by Sher Shah Suri in 1545, establishing it as the standard currency in India. Earlier coins, often personalized by kings, depicted their images alongside animals or symbols, showcasing their reign and power.

# Coins: More Than Just Currency