the chief local currency was debased coins struck after the type of the coins of Apollodotus. Their use as the type of coinage generally happens to the coins of the last king of a dynasty. The statement by the author of the Periplus that in his time (A.D. 240) the old drachmæ of Apollodotus and Menander were current in Barugaza, seems to show that these drachmæ continued to circulate in Gujarát along with the coins of the Western Kshatrapas. The mention of Apollodotus before Menander by the author of the Periplus may either be accidental, or it may be due to the fact that when the author wrote fewer coins of Menander than of Apollodotus were in circulation. The silver coins both of Menander and Apollodotus found in Gujarát and Káthiáváda are of only one variety, round drachmæ. The reason that of their numerous large coins, tetradrachmæ didrachmæ and others, drachmæ alone have been found in Gujarát is probably the reason suggested for the introduction of the obolus of Eucratides, namely that the existing local currency was so poor that coins of small value could alone circulate. Still the fact that drachmæ came into use implies some improvement in the currency, chiefly in size. The drachmæ of both the kings are alike. The obverse of Menander's coins has in the middle a helmeted bust of the king and round it the Greek legend BASILEÔS SÔTÊROS MENANDROY Of the king the Saviour Menander. On the reverse is the figure of Athene Promachos surrounded by the Baktro-Páli legend Mahárájasa Trádátasa Menandrasa that is Of the Great king the Saviour Menander, and a monogram. [49] The drachmæ of Apollodotus have on the obverse a bust with bare filleted head surrounded by the legend BASILEÔS SÔTÊROS APOLLODOTOY Of the king the Saviour Apollodotus. Except in the legend the reverse with two varieties of monogram [50] is the same as the reverse of the drachmæ of Menander. The legend in Baktro-Páli character is Mahárájasa Rájátirájasa Apaladatasa that is Of the Great king the over-king of kings Apaladata. During his twenty-five years of coin-collecting Dr. Bhagvánlál failed to secure a single copper coin of Menander either in Gujarát or in Káthiáváda. Of the copper coins of Apollodotus a deposit was found in Junágadh, many of them well preserved. [51] These coins are of two varieties, one square the other round and large. Of the square coin the obverse has a standing Apollo with an arrow in the right hand and on the top and the two sides the Greek legend BASILEÔS SÔTÊROS KAI PhILOPATOROS APOLLODOTOY that is Of the King Saviour and Fatherlover Apollodotus. On the reverse is the tripod of Apollo with a monogram [52] and the letter drí in Baktro-Páli on the left and the legend in Baktro-Páli characters Mahárájasa Trádátasa Apaladatasa. The round coin has also, on the obverse, a standing Apollo with an arrow in the right hand; behind is the same monogram as in the square coin and all round runs the Greek legend BASILEÔS SÔTÊROS APOLLODOTOY. On