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The lowest-denomination Indian coins, the half-pice (128 to a rupee) and the pie (192 to a rupee) were officially demonetized in 1947; while both denominations had continued to circulate up to that time, new examples were not minted after 1942 as they were practically worthless (India remained a member of the sterling area after independence ...
The 1939 rupee is the most expensive rupee, as after 1939 all silver coins effectively became less pure, due to the shortage of silver during World War II. The 1947 rupee, half rupee, quarter rupee and anna coins are also of special interest to collectors, since that was the last year British issued coins were circulated in India.
The Quaternary Silver coins were issued from 1940. In 1947 these were replaced by pure Nickel coins. Immediately after independence, the British coinage was continued. The monetary system remained unchanged at One Rupee consisting of 64 pice, or 192 pies. The "Anna Series" was introduced on 15 August 1950.
This coin is dated 1955 in the Vikrami calendar (1897 CE) Regal issue minted during the reign of King/Emperor George V 1 Indian rupee (1947) featuring George VI on obverse and Indian Lion on reverse Indian one pice, minted in 1950 1 Indian rupee (1905) featuring Edward VII One Rupee coin issued by Mir Mahbub Ali Khan of Hyderabad State, 1329 AH ...
Total mintage: 159,939,000 (1947). Engraver (Obverse): Percy Metcalfe. Engraver (Reverse): P. W. M. Brindley. Comment: Coins minted in Lahore & Mumbai mint. This particular coin was minted in Mumbai (dot below year indicates it was minted in Mumbai). Coin dates to pre independence of India (British Empire period). Monetization status: Demonetized.
Prior to 1957, the Indian rupee was not decimalised.From 1835 to 1957, the rupee was divided into 16 annas.Each anna was further divided into four Indian paises (pice) and each paise into three Indian pies till 1947 when the pice was demonetised.
The Dominion of India, officially the Union of India, [7] was an independent dominion in the British Commonwealth of Nations existing between 15 August 1947 and 26 January 1950. [8] Until its independence , India had been ruled as an informal empire by the United Kingdom.
1840 East India Company Rupee coin depicting Queen Victoria. It was minted in Bombay, Calcutta and Madras. 1 Indian rupee (1918) featuring King George V. Uniform coinage was introduced in India by the British in 1835, with coins in the name of the East India Company, bearing the image of William IIII.