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Jital

Medieval coin of the Indian subcontinent

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Through Rajput, Ghaznavid Empire and Vijayanagara Empire

History

The term jital (uncertain etymology) is used by numismatists for coins derived from the Shahi bull-and-horseman by one or more evolutionary steps. Silver jitals were accompanied by copper coins of lower denomination, often struck with the same die. The bull-and-horseman design (see images at right and below) was copied and adapted by subsequent Hindu and Muslim Medieval authorities in the territories corresponding to modern Afghanistan, Pakistan, North West India and eventually beyond. The jital, issued in vast numbers, perhaps hundreds of millions, by the Hindu Shahi, is credited with expanding the geographic reach of a monetized economy in Medieval India. Valued for their reliable silver content, bull-and-horseman jitals were circulated along trade routes from their Afghan source to northeastern Europe.

After the Shahi period, the silver jital gave way to the Rajput billon jital of silver mixed with copper, an alloy with continued use in the early coinage of the Muslim rulers of Delhi based on the silver taka or tanka currency. During the 11th and 12th centuries, bull and horseman coins were simultaneously issued by Ghaznavids, Tomaras and Chauhans from different mints. This may have prompted the use of the name of the issuing monarch on the reverse of the coins, a feature of Ghaznavid and subsequent jitals. Iltutmish, founder of the Delhi Sultanate, introduced the coinage system at Delhi: silver tankas and copper jitals. At the time of the eighth Mamluk sultan, Mahmud I (1246–1266), the average billon jital contained 14.4 grains of silver, leading Wright (1936) to conjecture that these early jitals of the Delhi sultanate were worth 1/12 of a tanka. Later, the jital was variously valued at 1/48, 1/50, 1/60 and 1/64 of a tanka, and the jital, in turn, was made up of lower denomination gani. The number of gani that made up a jital also varied, in some cases based on the silver content of the jital but the values of gani were not proportional to their silver content and often unknown. Wright reports larger denomination coins of 2, 3, 4, 6, and of 12 jitals (a quarter tanka). Copper falūs were also issued by the Delhi sultans that may have been worth a quarter jital. The unstable value of the tanka currency system was brought to a crisis by Sultan Muhammad bin Tughlaq (1321–1351) when he introduced representative coins of copper and brass that could be exchanged for fixed amounts of gold and silver from the Sultanate treasury. This created conditions for rampant forgery that led him to withdraw the system within eight days, reportedly buying back his brass coins. Jitals were also issued in the south of the subcontinent. An early 15th century Ilkhanid ambassador to Vijayanagar (Karnataka) reported three types of coin in use there: gold alloy, pure silver and copper jital.

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