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Sometime around 600BC in the lower Ganges valley in eastern India a coin called a punchmarked Karshapana was created. [38] According to Hardaker, T.R. the origin of Indian coins can be placed at 575 BCE [39] and according to P.L. Gupta in the seventh century BCE, proposals for its origins range from 1000 BCE to 500 BCE. [25] According to Page.
Different commemorative coins of 5 Rupees 10 Rupees silver coin of India 1972 (25 years of India's independence) The first Indian commemorative coin was issued in 1964 in remembrance of Jawaharlal Nehru's birth anniversary. Since then, numerous coins from 5 paise (INR 0.05) to ₹1000 (INR 1000.00) have been issued.
There are many fake coins of East India Company, with Indian gods depicted on the obverse side as shown in side-bar. Original East India Company coins show only the coat of arms of the East India Company. The coins of Bengal were developed in the Mughal style and those of Madras mostly in a South Indian style. The English coins of Western India ...
Punch-marked coins, also known as Aahat coins, are a type of early coinage of India, dating to between about the 6th and 2nd centuries BC. It was of irregular shape. It was of irregular shape. These coins are found over most parts of subcontinent and remained in circulation till the early centuries CE.
During the Mauryan Period, the punch-marked coin called Rūpyārūpa, which was same as Kārṣāpaṇa or Kahāpana or Prati or Tangka, was made of alloy of silver (11 parts), copper (4 parts) and any other metal or metals (1 part).The early indigenous Indian coins were called Suvarṇa (made of gold), Purāṇa or Dhārana (made of silver ...
Each anna was further divided to four Indian pices and each pice into three Indian pies till 1947 when the pie was demonetized. In 1955, India amended the "Indian Coinage Act" to adopt the metric system for coinage. Paisa coins were introduced in 1957, but from 1957 to 1964 the coin was called "Naya Paisa" (English: New Paisa). On 1 June 1964 ...
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The Indian One Naya paisa (Hindi: एक नया पैसा) was a unit of currency equaling 1 ⁄ 100 (one-hundredth) of the Indian rupee. The symbol for paisa is p. In 1955, India adopted metric system for coinage and amended the "Indian Coinage Act". Subsequently, one paisa coins were introduced on 1 April 1957.