MINT CONSOLIDATION AND THE WORSENING OF THE LATE SAFAVID COINAGE: THE MINT OF HUWAYZA BY RUDI MATTHEE* Abstract The provincial town of Huwayza in ®Arabistan/Khuzistan, southwestern Iran, was a minting center from the early days of the Safavid period. Huwayza became an especially productive mint in the course of the seventeenth century, issuing a silver coinage, the mahmudi , that became the most widely circulating of all currencies throughout the Persian Gulf basin. A combination of extant mahmudis and written records about these coins permits an analysis that views the coinage of Huwayza through the prism of the economic problems that plagued Iran in the later Safavid period. The focus of the present article is twofold. The rst part examines the place of Huwayza in the general consolidation of mints in seventeenth-century Iran and seeks to explain why ®Arabistan was somewhat of an exception to this trend. Part two makes an effort to substantiate the alleged deterioration of the Huwayza coinage as of the 1660s through numismatic techniques, relates this to the overall monetary situation in the country, and speculates on the causes and reasons for the demise of the Huwayza mahmudi at the turn of the
Journal of the Economic and Social History of the Orient – Brill
Published: Jan 1, 2001
Keywords: SAFAVIDS; IRAN; MINTING; KHUZISTAN; NUMISMATICS
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