KHAKI Talk 14: '#MintCondition - Money and Mumbai' by Dr. Shailendra Bhandare

The English crown took over the tiny settlement of Bombay from the Portuguese in 1664 and transferred it to the ‘Company of the Merchants Trading to the East Indies’ in 1668. The fledgling colony struggled to establish itself for the first few decades. Crucial to its history was the role money and coinage played. Given the peculiar monetary circumstances the Company found itself in the late 17th and early 18th century, the way it negotiated with these realities makes a compelling narrative. These negotiations ultimately had a huge impact on how Bombay prospered as a trading outpost and grew to be ‘Urbs Prima in Indis’. In our Online Talk #MintCondition, historian and numismatist Dr Shailendra Bhandare deals with these crucial early years and focuses on the history of issuance, circulation and consumption of money in Bombay.

Dr Shailendra Bhandare is the Curator of South Asian and Far-eastern Numismatics and Paper Money Collections at Ashmolean Museum, a Fellow of St Cross College and a member of Faculty of Oriental Studies at the University of Oxford. Born and brought up in Mumbai, he received his first degree in Pharmaceutical Sciences. He holds a Masters degree in History and a Doctorate in Ancient Indian Culture awarded by the University of Mumbai.His key area of research is Indian Numismatics and Monetary History. His long-term goal is to write a three-volume detailed history of the rupee.

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