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The History of Ancient Coins Collection

The National Bank of the Republic of Uzbekistan for Foreign Economic Activity significantly contributes to the noble preservation of the country's past monuments, i.e. the national heritage. This is surely why the specifics of the Bank's activity provides its high interest in numismatic monuments of the past, i.e. coins circulating in Uzbekistan for several millennia.

Following the independence, our country began to create actively and purposefully its own national monetary system. Coins and banknotes of sovereign Uzbekistan are weighty tools of money circulation and fully reflect the independent financial policy of our country. Their manufacture considers rich historical and cultural values of our people.

In this regard, it is important to note that achievements of the National Bank surely include the creation of the country's first banking collection of ancient coins. It is very importantthat hundreds of magnificent monetary monuments, which are truly the national heritage of Uzbekistan,could be protected from neglect and loss forthe years of collection.

During this time, a valuable collection of ancient coins was made. It can compete with the famous global numismatic collections, if not in quantity, then in quality. This collection is particularly significant since its major part includes regional minted coins previously almost not known to global historical science. Here, it is enough to name coins of Sogd, Khorezm, Chach, Ustrushan, coins of the Central Asian governors of the Omeyyads and Abasids, local Muslim dynasties.

Collection forming is a complex and responsible matter providing appropriate methodology. This methodology was developed and is successfully applied for collection forming referred to above. Generally, this methodology can be referred to two complementary principles arising from one the most important principle -  preservation of the country's national heritage expressed in numismatic monuments.

Of course, the rarest monuments should be saved and preserved. The Bank's numismatic collection includes many unique samples of coins that can decorate any museum in the world. However, the collection of rarities is not yet an overall pattern of the region’s monetary circulation. Therefore, it is mandatory to implement the second principle, i.e. the desire for the most complete and detailed (up to the stamp variety) reflection of the monetary circulation in Uzbekistan in the Bank’s collection.

Thus, it is by no means accidental that the collection becomes more perfect and integral due to replenishment of the National Bank's numismatic collection. Stepwise, the gaps in its already created sections are filled, some coins create the new sections, rarities cause special pride and admiration.  Quantity is gradually moving into a new quality.

Every step of this huge historical period is marked with a surprisingly diverse money supply palette. Moreover, in addition to local minting, of course prevailing, there is a circulation of so-called imported coin. For Central Asia and Uzbekistan, in particular, in antiquity, these are coins of Alexander the Great and China. The collection includes Alexander drachma and a Chinese copper coin issued two thousand years ago. However, much more interest should involve the coins of states, which included the area of modern Uzbekistan. For the early period, these are coins of the Seleucids and Greco-Bactrian kings, Parthian and Kushan Empire's coins.

The magnificent drachma and copper denominations with very picturesque portraits of the ancient Khorezm kings worth special attention. These coins, known as very few in amount, are the pride of the largest global numismatic collections. As for medieval coins, the so-called Bukhara Sogd and Chach coins are especially distinguished. They provide valuable information about the period, which was hardly covered by written sources.

It is difficult to overestimate the coins of the Central Asian governors i.e. the Omeyyads, the Abbasids and the Samanids, which are very rare. There are many researches considering their historical significance, as the only source of information about local rulers.

Mostly, Emirate of Bukhara was represented by gold coins. Excellently preserved tilly minted not so long ago, by historical standards, sometimes hide a mystery - they have two different mint dates, their appear rhymed, sometimes the gold coins of this state turn out to be connected in series by special signs, which still were not decoded by the science.

It is well known that any collection is more than just a collection of items. A real collection, and even more so significant as the numismatic collection of the National Bank of Uzbekistan, is, the way to reflect a person’s eternal desire for knowledge, first of all. Here, this relates to knowledge worthy of preservation and transmission of the great historical m0otherland past to future generations.


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Latest site update date: 12/02/2021 11:53:55 am

License of the Central Bank of the Republic of Uzbekistan No. 22 dated Feb. 15, 2020
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