Local Government in Ancient India c13.140

c13.140

There were other particulars of the transaction which require notice. The payment of the price was made in the current coin (cf. '*kāśu* current at the time' above cited) or the standard gold of the country. The standard gold has been variously described as 'market gold', 'red gold brilliant as fire', 'gold passed by the king (such as Parakeśari) and weighed by the standard stone of the village or treasury', 'gold 9½ carats fine which is burnt, cut, heated to the brilliancy of fire, stamped and not found to be deficient on the touchstone or the balance’. [See no. 19, *S. I. I.*, vol. III, part I: ‘gold weighed in the balance’; no. 54 (ibid.): ‘the gold of Ugappar’; no. 74 (ibid. part II): ‘gold weighed by the standard of the city and equal in fineness to the *Madurāntaka-Madai*’ (see also *Epigraphia Indica*, vol. V, page 106, notes 1 and 3); no. 64 (ibid.): good (i.e. of full weight) *kāśu* ‘current at the time’.]