An Encyclopaedia of Indian Archaeology v1.c8.s1.t2: 3.1.4 N. India

v1.c8.s1.t2.1

During the four centuries between the downfall of the Guptas and the Ghaznavid invasion, small silver/billon pieces, very much inferior in craftmanship, were practically the only coins minted. Of these the coinage of the Hūṇas, though usually treated as Indian, belongs rather to the coinage of C. Asia than of India, and the Bull/Horseman type issued by the rulers of Punjab, Delhi, Narwar and Kangra originated in Kabul. From the 7th century the rulers of Kashmir issued a debased series of coins having a standing king on one side and Ardoksho on the other. These are copper coins alloyed with a small percentage of gold and silver. The Gadhaiya *paise* and the seated-goddess type became popular in W. and C. India respectively. Gold reappeared in the 11th and 12th centuries in C. India in the form of the seated-goddess type.