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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 ...
Silver coin of the Maurya Empire, known as Rūpyarūpa, with symbols of wheel and elephant. 3rd century BC. [1] The history of the rupee traces back to ancient times in the Indian subcontinent. The mention of rūpya by Pāṇini is seemingly the earliest reference in a text about coins. [2] The term in Indian subcontinent was used for referring ...
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.
With the Royal Titles Act 1876, Victoria took the title "Empress of India", so in 1877 coin inscriptions changed from Victoria Queen to Victoria Empress. There was a transition period after India gained independence on 15 August 1947, and the first set of republic India coins were issued in 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 ...
Except 50 paise, rest all paise, anna, pice and pies coins demonetised. One Indian anna: Four Indian pice: 1835: 1947: 1947: 1950: The Frozen Series. 1950: 1957: The Anna Series. Anna and pice demonetised in 1957. One Indian pice: Three Indian pies: 1835: 1947: Pies demonetised in 1947. One Indian rupee = 100 paise = 16 anna = 64 pice = 192 ...
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. In 1955, the Parliament of India amended the "Indian Coinage Act" to
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 ...
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