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Sunday, March 21, 2021

The First Republic India Coins Non-Decimal Coins from India

 

The First Republic India Coins Non-Decimal Coins from India

India officially gained its independence from British Rule in 1947, and the country later became a Republic in 1950. Currently, India has one of the largest economies in the world. India Started minting coins from 1950.



The first Indian coins were non decimal coins

Rupee was in use from 1950 to 1957.

We followed 4 Pices = 1 Anna and  16 Annas = 1 Rupee non decimal system.

Let us see the coins that were in use!

1 Pice bronze coins were in use from 1950 to 1955

2.92 gram bronze coin has a diameter of 21 milli meter. The Karuse number of this coin is 1, catalogue value is around rupees 20

½ Anna Copper-nickel coins were used from 1950 to 1955, these coins were minted in 1950, 54 and 55, catalogue value is around rupees 100

1 Anna Copper-nickel coins were used from 1950 to 1955, these coins were minted in 1950, and 54, catalogue value is around rupees 200.

2 Anna Copper-nickel coins were used from 1950 to 1955, these coins were minted in 1950, 54 and 55, catalogue value is around rupees 1000.

1955 coin is very rare and cost several thousand rupees.

¼ Rupees nickel coins were used from 1950 to 1956, these coins were minted in 1950, 51, 54, 55 and 56, catalogue value is around rupees 20.

½  Rupees nickel coins were used from 1950 to 1956, these coins were minted in 1950, 51, 54, 55 and 56, catalogue value is around rupees 30.

1 Rupee nickel coins were used from 1950 to 1956, these coins were minted in 1950, and 54, catalogue value of 1950 coin is around rupees 150 and 1954 is around 1000.

Thank you,

Visit Coin-house Kochi for more details

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