Author Topic: 14 Paisa 1902 to pay the builders of the royal Palace in Nepal  (Read 244 times)

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Offline ZYV

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14 Paisa 1902 to pay the builders of the royal Palace in Nepal
« on: September 06, 2017, 02:50:14 PM »
There are two versions how these tokens were used.
1. It was receipts to receive pay (in real money) for day's work.
2. It was "money" to buy in a special shop.

Is it known for sure how they were used?
My publications on numismatics and history of Golden Horde  https://independent.academia.edu/ZayonchkovskyYuru

Offline Afrasi

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Re: 14 Paisa 1902 to pay the builders of the royal Palace in Nepal
« Reply #1 on: September 06, 2017, 04:35:58 PM »
The three "denominations" of 12, 14 and 16 Paisa let me think the first answer is the correct answer. Otherwise I see some problems with the change ...

Here are the other two "denominations":

Offline Gusev

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Re: 14 Paisa 1902 to pay the builders of the royal Palace in Nepal
« Reply #2 on: September 06, 2017, 06:30:11 PM »
I wrote my opinion on Zeno. https://www.zeno.ru/showphoto.php?photo=161339
I think it's necessary to make an explanation.
1. S.M. Joshi's opinion is accepted as the basis (op. cit., 1957, p. 128).
...... these pieces were struck as token to provide a days pay to different classes of labourer engaged on the building of the royal palace in 1902. They were not popular and were not used for long.
That is, they were tokens for payment. No objections.

2. Now we need to understand why Token was minted?
If to exchange for real money, it is cheaper to make receipts on paper. Or immediately at the end of the business day or the week to pay money.
But the workers built a royal palace for the king Prithvi Vir Vikram (1881-1911 AD) and everything was done with a royal grand scale.
Use Tokens to buy goods only in a special store - this is common practice for many countries.

In Lhasa Motor Repair Factory (Tibet) used Tokens. Some factory workers (the winners of socialist competition) received 10 tokens per month in addition to wages. On 1 token can be obtained 200 grams of barley or rice.
See http://www.worldofcoins.eu/forum/index.php/topic,35008.0.html
"Those at the top of the mountain didn't fall there."- Marcus Washling.

Offline ZYV

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Re: 14 Paisa 1902 to pay the builders of the royal Palace in Nepal
« Reply #3 on: September 06, 2017, 08:31:10 PM »
2. Now we need to understand why Token was minted?
If to exchange for real money, it is cheaper to make receipts on paper. Or immediately at the end of the business day or the week to pay money.
Dear Gusev, please tell your opinion - why this fine, heavy and expensive in manifacture token (from your city as I understand) was minted?
 ;)
My publications on numismatics and history of Golden Horde  https://independent.academia.edu/ZayonchkovskyYuru

Offline Gusev

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Re: 14 Paisa 1902 to pay the builders of the royal Palace in Nepal
« Reply #4 on: September 06, 2017, 08:55:46 PM »
Dear Gusev, please tell your opinion - why this fine, heavy and expensive in manifacture token (from your city as I understand) was minted?
 ;)

Dear ZYV
This Token we can discuss in another topic.

Token Nepal - I can understand the logic when exchanging Token for goods.
But I can not understand the logic of exchanging Token for money.
"Those at the top of the mountain didn't fall there."- Marcus Washling.

Offline ZYV

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Re: 14 Paisa 1902 to pay the builders of the royal Palace in Nepal
« Reply #5 on: September 06, 2017, 09:05:37 PM »
There is no need to discuss Kiev's token in another topic.
It was published and it's known how it was used.
My publications on numismatics and history of Golden Horde  https://independent.academia.edu/ZayonchkovskyYuru

Offline ZYV

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Re: 14 Paisa 1902 to pay the builders of the royal Palace in Nepal
« Reply #6 on: September 06, 2017, 09:09:03 PM »
But I can not understand the logic of exchanging Token for money.
I understand that, so I uploaded token of Хржановский. As an example.
To exchange tokens for circulating money was very common practice in many countries.
My publications on numismatics and history of Golden Horde  https://independent.academia.edu/ZayonchkovskyYuru

Offline Gusev

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Re: 14 Paisa 1902 to pay the builders of the royal Palace in Nepal
« Reply #7 on: September 06, 2017, 09:29:59 PM »
To exchange tokens for circulating money was very common practice in many countries.

I respect your opinion and your universal knowledge. :applause:

I expressed my point of view and tried to substantiate it.
In Tibet, Tokens were exchanged for food.
In another country Tokens were exchanged for another.
The continuation of our dispute does not make sense, I think.

It will be interesting for me to hear other forum participants.
"Those at the top of the mountain didn't fall there."- Marcus Washling.

Offline Figleaf

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Re: 14 Paisa 1902 to pay the builders of the royal Palace in Nepal
« Reply #8 on: September 07, 2017, 10:02:21 AM »
The point of using real tokens is either to facilitate trade (trade tokens) or to replace official money, to make additional checks possible (e.g. tally tokens.) If there was a shortage of money in Nepal when these tokens were issued, they replaced official money. There are no signs that this was the case.

There are signs that the tokens were used to make additional checks, such as being tied to the construction of the royal palace and the odd denominations. Since further information is not available to me, I tend to trust the opinion of experts. A review or discussion of their opinion should always be possible, but on the basis of clearly explained facts and reasonings. A simple clash of opinions does not lead to any fruitful results. Different opinions are fine, but should just be respected for what they are in case there is not enough evidence.

From the pictures, it seems that the hole was made (roughly) later, but foreseen (the circle) when the token was struck. Could it be a cancellation or control mark? Are these highly interesting tokens known without the hole?

Peter
An unidentified coin is a piece of metal. An identified coin is a piece of history.

Offline Gusev

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Re: 14 Paisa 1902 to pay the builders of the royal Palace in Nepal
« Reply #9 on: September 07, 2017, 12:05:56 PM »
From the pictures, it seems that the hole was made (roughly) later, but foreseen (the circle) when the token was struck. Could it be a cancellation or control mark? Are these highly interesting tokens known without the hole?

Peter

Such Tokens without holes are not known.
The obverse design belongs to the official silver coins of Nepal 1/2 Mohar (Token 12 & 14 Paisa) and 1 Mohar (Token 16 Paisa). See the photo. There is reason to believe that these Tokens have been minted officially. The quality is very high, it was machine struck.
I guess, Tokens without holes could be used by scammers. To exclude such a forgery, the holes were punched by hand.
"Those at the top of the mountain didn't fall there."- Marcus Washling.