As a young trainee in Tencholing, Wangduephodrang in 1961, Pem Tshering, a long time civil servant – now superannuated, remembers receiving 12 pieces of one Rupee British Raj silver coins a month: 10 pieces as monthly stipend and 2 pieces as Sha-thue - meat compensation.
This has got to be among the earliest records of use of money in Bhutan – for payment as remuneration. He recounts that these one Rupee silver coins were so high in value that he needed to have them converted to Maartums – in order to be able to make his purchases. He would get 16 Maartums for 1 of these silver coins.
What baffles me is that Pem Tshering is adamant that the Maartums he got in exchange for the silver Rupee coins were of the following variety:
Why were they paid in these Maartums that were issued in 1951 and 1955? Why not in Tikchungs or cupronickel Thalas that were issued during the same years – and in much larger quantities? What happened to them? It cannot be that they were melted down for conversion into jewelry since extremely high temperatures are needed to be able to melt them. On the other hand, I know that Tikchungs were paid out by the donkey loads – even in the extreme northern regions of the country – to pay the salaries of the RBA personnel manning the northern borders.
The earliest of the milled coins were in silver and bronze (1928/1929) which are now extremely, extremely difficult to obtain.
All of the above coins also disappeared from the face of the earth – but I have a theory on what happened to them, which I will recount in my upcoming book on the coinages of Bhutan. Sadly, the book is currently in suspended animation – due to lousy historical records that are forever in conflict with other available records.
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