Four symbols (a pair of identical larger symbols and a pair of identical smaller symbols) / A number of banker's marks (including a mark made of three symmetric ovals, present of most or all known coins of this type) 25mm, 4.41 grams. Rajgor -; Mitchiner -; 'A New Local Type of Early Punchmarked Coins' by Sharad Sharma and Badri Prasad Verma.
The coins of this type were only recently identified. The attribution to Matsya is generally accepted - it is based on the find spots of these coins and the uniqueness of the punch designs. This series has been published in Numismatic Digest 36-37 (2012-2013). 'A New Local Type of Early Punchmarked Coins' by Sharad Sharma and Badri Prasad Verma.
Matsya (Sanskrit for "fish") were one of the Indo-Aryan tribes of Vedic India. By the late Vedic period, they ruled a kingdom located south of the Kurus, and west of the Yamuna river which separated it from the kingdom of Panchalas. It roughly corresponded to former state of Jaipur in Rajasthan, and included the whole of Alwar with portions of Bharatpur. The capital of Matsya was at Viratanagara (modern Bairat) which is said to have been named after its founder king Virata. In early 6th century BCE, Matsya was one the sixteen Mahajanapadas (great kingdoms) mentioned in the Buddhist text Anguttara Nikaya, but its political clout had greatly dwindled and had not much of political importance left by the time of Buddha.