Coinage of India in the context of "Kabul hoard"

The Kabul hoard, also called the Chaman Hazouri, Chaman Hazouri or Tchamani-i Hazouri hoard, is a coin hoard discovered in the vicinity of Kabul, Afghanistan in 1933. The collection contained numerous Achaemenid coins as well as many Greek coins from the 5th and 4th centuries BCE. Approximately one thousand coins were counted in the hoard. The deposit of the hoard is dated to approximately 380 BCE, as this is the probable date of the least ancient datable coin found in the hoard (the imitation of the Athenian owl tetradrachm).

This numismatic discovery has been important in studying and dating the history of the coinage of India, since it is one of the very rare instances when punch-marked coins can actually be dated, due to their association with known and dated Greek and Achaemenid coins in the hoard. The hoard proves that punch-marked coins existed in 360 BCE, as also suggested by literary evidence. According to numismatist Joe Cribb, it suggests that the idea of coinage and the use of punch-marked techniques was introduced to India from the Achaemenid Empire during the 4th century BCE. However, numerous Indian scholars see the development of coinage in the Gangetic plains as an indigenous development.