Established | 2004 |
---|---|
Location | Karachi, Pakistan |
Owner | State Bank of Pakistan |
Website | State Bank of Pakistan Museum & Art Gallery |
State Bank of Pakistan Museum & Art Gallery is a museum on Ibrahim Ismail Chundrigar Road in Karachi, established in 2004 to introduce the first Monetary Museum of Pakistan. The current State Bank of Pakistan Museum & Art Gallery building, previously the Imperial Bank of India, is a Greco Roman building in Jodhpuri Red Sandstone constructed in the 1920s by the British government. In 2004, the State Bank of Pakistan decided to adapt the building as a museum; work on the projects started in 2006 and was devoted to conservation of the building and acquisition of the collection. [1] [2]
The Coins Gallery displays the techniques with some original dies of coin making in Pakistan Mint, also include some old machines, the process of coin making along some tools, and a documentary covering the whole process of coin minting in Pakistan Mint. The Coin Gallery is divided into two parts, Pre Islamic Gallery and Islamic Gallery till to the Present-Day period Coinage. [3]
The Pre Islamic Gallery exhibition starting from barter system, seals used as coins by Indus valley people, punch-marked coins dated from 6th century B.C. The pre Islamic Gallery also displays some uncommon bar copper and silver coins, Indo Greeks including an uncommon bronze coin of Alexander the Great and several other unique coins, Indo Scythians, Indo Parthian, Kushans, Guptas, Indo Sassanians, Hindu Shahis. [3]
The Islamic Gallery exhibition starts from the coinage of Arab Governors of Sindh, some uncommon Sultanate coins, Mughal coins, later Mughals, British Indian, and then coinage after 1947. [3]
The Currency Gallery gives an overview of the origin of paper currency in the sub-continent, from early paper issues to polymer banknotes. The gallery of the museum displaying the history of Currency Notes in Pakistan and also includes the collection of historical, current and polymer banknotes of different countries around the world. The Currency Gallery includes the complete collection of Pakistani banknotes since its origination (1947–present). [3]
The Australian dollar is the currency of Australia, including its external territories: Christmas Island, Cocos (Keeling) Islands, and Norfolk Island. It is officially used as currency by three independent Pacific Island states: Kiribati, Nauru, and Tuvalu. It is legal tender in Australia. Within Australia, it is almost always abbreviated with the dollar sign ($), with A$ or AU$ sometimes used to distinguish it from other dollar-denominated currencies. The $ symbol precedes the amount. It is subdivided into 100 cents.
A banknote is a type of negotiable promissory note, made by a bank or other licensed authority, payable to the bearer on demand. Banknotes were originally issued by commercial banks, which were legally required to redeem the notes for legal tender when presented to the chief cashier of the originating bank. These commercial banknotes only traded at face value in the market served by the issuing bank. Commercial banknotes have primarily been replaced by national banknotes issued by central banks or monetary authorities.
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Legal tender is a form of money that courts of law are required to recognize as satisfactory payment for any monetary debt. Each jurisdiction determines what is legal tender, but essentially it is anything which when offered ("tendered") in payment of a debt extinguishes the debt. There is no obligation on the creditor to accept the tendered payment, but the act of tendering the payment in legal tender discharges the debt.
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Joe Cribb is a numismatist, specialising in Asian coinages, and in particular on coins of the Kushan Empire. His catalogues of Chinese silver currency ingots, and of ritual coins of Southeast Asia were the first detailed works on these subjects in English. With David Jongeward he published a catalogue of Kushan, Kushano-Sasanian and Kidarite Hun coins in the American Numismatic Society New York in 2015.
The currency of Indonesia, the rupiah, has a long history that stretches back to colonial period. Due to periods of uncertain economy and high inflation, the currency has been re-valued several times.
The history of the taka refers to the history of currency known as taka, tanka, tanga, tangka, tenge and tenga in many countries. The origin of the word is unclear. The currency is used in Central Asia and the Indian subcontinent. It was also used in Tibet and Arakan.