Old Currency Value In, Old Coin Series, Changes Made, Metal Used, FAQs

Old Currency Value In, Old Coin Series, Changes Made, Metal Used, FAQs

Old Currency Value In: India won its independence on 15th August 1947. During the period of transition, India retained the monetary system and the currency and coinage of the earlier period and introduced a new distinctive series of coins on 15th August 1950. Chronologically, the main considerations influencing the coinage policy of the Republic of India over time have been: old indian currency value in market
The incorporation of symbols of sovereignty and indigenous motifs on independence;

  • Coinage Reforms with the introduction of the metric system;
  • The need felt from time to time to obviate the possibility of the metallic value of coins rising beyond the face value;
  • The cost-benefit of colonisation of currency notes

In Hindi:

Old Currency Value In: भारत ने 15 अगस्त 1947 को अपनी स्वतंत्रता हासिल की। संक्रमण की अवधि के दौरान, भारत ने पहले की अवधि की मौद्रिक प्रणाली और मुद्रा और सिक्के को बरकरार रखा और 15 अगस्त 1950 को सिक्कों की एक नई विशिष्ट श्रृंखला पेश की। कालानुक्रमिक रूप से, सिक्के को प्रभावित करने वाले मुख्य विचार समय के साथ गणतंत्र भारत की नीति रही है:
स्वतंत्रता पर संप्रभुता और स्वदेशी रूपांकनों के प्रतीकों का समावेश;

  • मीट्रिक प्रणाली की शुरूआत के साथ सिक्का सुधार;
  • सिक्कों के धात्विक मूल्य के अंकित मूल्य से ऊपर उठने की संभावना को समाप्त करने के लिए समय-समय पर आवश्यकता महसूस की गई;
  • करेंसी नोटों के औपनिवेशीकरण का लागत-लाभ

Independent India Issues could broadly be categorised as follows:

The Frozen Series 1947-1950

This represented the currency arrangements during the transition period up to the establishment of the Indian Republic. The Monetary System remained unchanged at One Rupee consisting of 192 pies.

  • 1 Rupee = 16 Annas
  • 1 Anna = 4 Pice
  • 1 Pice = 3 Pies

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Old Currency Value In
Old Currency (Old Currency Value In)

The Anna Series

This series was introduced on 15th August 1950 and represented the first coinage of the Republic of India. The King’s Portrait was replaced by the Lion Capital of the Ashoka Pillar. A corn sheaf replaced the Tiger on the one Rupee coin. In some ways, this symbolised a shift in focus to progress and prosperity. Indian motifs were incorporated on other coins. The monetary system was largely retained unchanged with one Rupee consisting of 16 Annas.

DenominationMetal
Rupee OneNickel
Half RupeeNickel
Quarter RupeeNickel
Two AnnaCupro Nickel
Half AnnaCupro Nickel
One AnnaCupro Nickel
One PiceBronze
The Anna Series (Old Currency Value In)

The Decimal Series

The move towards decimalisation was afoot for over a century. However, it was in September 1955 that the Indian Coinage Act 1906 was amended to pave the way for the country to adopt a metric system for coinage. The amended Act came into force with effect on 1st April 1957. The rupee remained unchanged in value and nomenclature. It, however, was now divided into 100 ‘Paisa’ instead of 16 Annas or 64 Pice. For public recognition, the new decimal Paisa was termed ‘Naya Paisa’ till 1st June 1964, when the term ‘Naya’ was dropped. The value is described in Hindi explaining the value as equal to the hundredth part of one rupee.

Naya Paisa Series 1957-1964

DenominationMetal
Weight
Shape
Size
Rupee OneNickel
10 gm
Circular
28 mm
Fifty Naye PaiseNickel
5 gm
Circular
24 mm
Twenty-Five Naye PaiseNickel
2.5 gm
Circular
19 mm
Ten Naye PaiseCupro-Nickel
5 gm
Eight Scalloped
23 mm (across scallops)
Five Naye paiseCupro-Nickel
4 gm
Square
22 mm (across corners)
Two Nayer PaiseCupro-Nickel
3 gm
Eight Scalloped
18 mm (across scallops)
One Naye PaiseBronze
1.5 gm
Circular
16 mm
Naya Paisa Series 1957-1964

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Old Currency

Paisa Series 1964 onwards (The word ‘Naya’ dropped and value in words added)

DenominationMetal
Weight
Shape
Size
Fifty PaiseNickel
5 gm
Circular
24 mm
Twenty-Five PaiseNickel
2.5 gm
Circular
19 mm
Ten PaiseCupro-Nickel
5 gm
Eight Scalloped
23 mm (across scallops)
Five PaiseCupro-Nickel
4 gm
Square
22 mm (across corners)
Two PaiseCupro-Nickel
3 gm
Eight Scalloped
18 mm (across scallops)
One PaisaBronze
1.5 gm
Circular
16 mm
Paisa Series 1964 onwards

Metal Changes for small coins up to 20 Paise

In 1965, the elaborate descriptions were dropped and the word ‘paisa’/ ‘paise’ was used both in Hindi and English.

DenominationMetal
Weight
Shape
Size
Rupee OneCupro-Nickel
8 gm
Circular
28 mm
Fifty PaiseCupro-Nickel
5 gm
Circular
24 mm
Twenty-Five PaiseCupro-Nickel
2.5 gm
Circular
19 mm
Twenty PaiseNickel-Brass
4.5 gm
Circular
22 mm
Ten PaiseAluminium-Magnesium
2.3 gm
Scalloped
26 mm (across scallops)
Ten PaiseNickel-Brass
4.24 gm
Eight Eight Scalloped
23 mm
Five PaiseAluminium-Magnesium
4 gm
Square
22 mm (Diagonal)
Three PaiseAluminium-Magnesium
1.25 gm
Hexagonal
21 mm (Diagonal)
Two PaiseAluminium-Magnesium
1 gm
Scalloped
20 mm (across scallops)
One PaisaAluminium-Magnesium
0.75 gm
Square
17 mm (Diagonal)
Metal Changes for small coins up to 20 Paise
Old Currency Value In
Old One Rupee Note

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Weight Reduced

DenominationMetal
Weight
Shape
Size
Rupee OneCupro-Nickel
6 gm
Circular
26 mm
Fifty PaiseCupro-Nickel
5 gm
Circular
24 mm
Twenty PaiseAluminium-Magnesium
2.2 gm
Hexagonal
26 mm (diagonal)
24.5 mm (across flats)
Ten PaiseAluminium-Magnesium
1.75gm
Scalloped
23 mm (across scallops)
Five PaiseAluminium-Magnesium
1.5 gm
Square
22 mm (Diagonal)
Weight Reduced

Ferritic Stainless Steel (Metal Changes)

Over a period of time, cost-benefit considerations led to the gradual discontinuance of 1, 2 and 3 paise coins in the seventies; stainless steel coins of 10, 25 and 50 paise, were introduced in 1988 and of one rupee in 1992. The considerable costs of managing note issues of Re 1, Rs 2, and Rs 5 led to the gradual coinisation of these denominations in the 1990s. New designs depicting Rhinoceros on 25 paise and the Indian Parliament superimposed on the India map on 50 paise were introduced in ferritic stainless steel.

DenominationMetal
Weight
Shape
Size
Rupee OneFerritic Stainless Steel
4.85 gm
Circular
25 mm
Fifty PaiseFerritic Stainless Steel
3.79 gm
Circular
22 mm
Twenty-Five PaiseFerritic Stainless Steel
2.83 gm
Circular
19 mm
Ten PaiseFerritic Stainless Steel
2 gm
Circular
16 mm
Ferritic Stainless Steel

New Denominations of Rs. 2 and Rs. 5

In 1982, the Rs. 2/- coin was introduced depicting the India map superimposed with the national flag explaining National integration. In 1992, the Rs. 5/- definitive coin in cupro-nickel was introduced to supplement the paper currency. Lotus buds and flowers with stems and leaves became the main motif of this denomination. The lotus symbol was re-introduced in the Rupee symbol series in 2011 for all denominations except Rs. 10/-. old indian currency value in international market

DenominationMetal
Weight
Shape
Size
Five RupeesCupro-Nickel
9 gm
Circular
23 mm
Two RupeesCupro-Nickel
8 gm
Circular
28 mm
Two RupeesCupro-Nickel
6 gm
Eleven sided
26 mm
New Denominations of Rs. 2 and Rs. 5
Old 50 Rupees Note

Unity in Diversity

In 2005, a series namely Unity in Diversity was introduced in denominations of Re. 1/- followed by Rs. 2/- and Rs. 10/- in 2005. These issues, however, came into circulation in 2006. The Unity in Diversity has intersecting line/s with 4 dots.

2005-06 Unity in Diversity Series

DenominationMetal
Weight
Shape
Size
Ten RupeesBimetallic
Cupro-Nickel in Center
Aluminium Bronze in the outer ring
7.71 gm
Circular
27 mm
Two RupeesFerritic Stainless Steel
5.62 gm
Circular
27 mm
Rupee OneFerritic Stainless Steel
4.85 gm
Circular
25 mm
2005-06 Unity in Diversity Series

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Nritya Mudra

In 2007 a new series known as ‘Nritya Mudra’ was introduced in the denominations of 50 paise, Re. 1/- and Rs. 2/-. These coins were of ferritic stainless steel. The gestures used on the 50 paise were “Clenched Fist”, on Re. 1/- “Thumbs Up” and on Rs. 2/- was “Two Fingers”

2007 Nritya Mudra Series

DenominationMetal
Weight
Shape
Size
Two RupeesFerritic Stainless Steel
5.62 gm
Circular
27 mm
Rupee OneFerritic Stainless Steel
4.85 gm
Circular
25 mm
50 PaiseFerritic Stainless Steel
3.79 gm
Circular
19 mm
2007 Nritya Mudra Series

2007-09 Connectivity and Information Technology Series

DenominationMetal
Weight
Shape
Size
Ten rupeesBimetallic Cupro-Nickel in Center Aluminium Bronze in the outer ring
7.71 gm
Circular
27 mm
Five RupeesFerritic Stainless Steel
6 gm
Circular
23 mm
Five RupeesNickel Brass
6 gm
Circular
23 mm
2007-09 Connectivity and Information Technology Series
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Rupee Symbol (₹)

In 2011, the Rupee symbol (₹), the identity mark of the Indian rupee was introduced in denominations of ₹1, 2 and 5 depicting lotus buds and flowers with stems and leaves on either side of the denominational value. The ₹10 coins continued to be issued in bi-metal as previously with ‘₹’ above the numeric value with ten rays instead of fifteen. A New 50 paise denomination was also issued in the new series.

Old Currency Value In
Rupee Symbol Series (Old Currency Value In)

2011 Rupee Symbol Series

DenominationMetal
Weight
Shape
Size
Ten rupeesBimetallic Cupro-Nickel in Center Aluminium Bronze in outer ring
7.71 gm
Circular
27 mm
Five RupeesNickel Brass
6 gm
Circular
23 mm
Two RupeesFerritic Stainless Steel
4.85 gm
Circular
25 mm
Rupee OneFerritic Stainless Steel
3.79 gm
Circular
22 mm
50 PaiseFerritic Stainless Steel
2.83 gm
Circular
19 mm
2011 Rupee Symbol Series (Old Currency Value In)
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FAQs on Old Currency Value In

Do old coins have value?

If you are having any old coin of 25 paise, you can get Rs 1.5 lakh. This may sound strange and funny, but it is true. You can earn the money after selling the old and rare coins to those who love to collect them and are ready to shell out a hefty amount in exchange for the old coin

What is the price of 100 year old coin?

25 lakh. It is a silver coin and has been included in the Victorian category.

What is the value of 1 rupee old coin?

According to reports, Rs 1 coin with an ‘H’ mark and minted in 1985 can be sold for Rs 2.5 Lakh. One of these coins was auctioned at such a high price a few years ago.

What is expensive coin?

The most expensive coin in the world is the 1794/5 Flowing Hair Silver/Copper Dollar. Several expert Numismatic researchers believe that this was the very first silver coin to be minted and issued by the U.S Federal Government. old currency value chart in india