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Saturday, December 25, 2010

25 paise coin 1962

In September, 1955 that the Indian Coinage Act was amended for the country to adopt a metric system for coinage. The Act came into force with effect from 1 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 1 June 1964 when the term 'Naya' was dropped.In 1957, India shifted to the decimal system, but for a short period both decimal and non-decimal coins were in circulation. To distinguish between the two pice, the coins minted between 1957 and 1964 have the legend "Naya Paisae".The word "naya" was dropped in 1964.
This is a very old 25 paise coin this was the first 25 paise coin to be minted in  India.This is a pure Nickel coin having a diameter of 19mm and weight 2.5 gram. On one side 25 is inscribed with a few Hindi words such as 'Naye Paise' meaning new paise and 'Rupye ka chotta bhag' meaning  one by fourth of an rupee.This was done because people were not very familiar with the decimal system.This 25 paise was also known as 'chavanni' meaning 4 annas because one 25 paise was equal to 4 annas.On the reverse the Ashoka Sthamba is depicted with the words Bharat and India.

Friday, December 10, 2010

50 paise 1982 commemorative coin

 
This 1982 commemorative 50 paise coin was issued on the subject 'National Integration'.It is a copper-nickel coin a similar 2 rupees coin was also issued in 1982 on 'National Integration'.It was the first time a 2 rupee coin was issued in India.To stress the need for communal harmony and to aware the people that the different states and its people are the integral part of our country India, a 50 paise coin with the theme “National Integration” was issued in April,1985.On one side of the coin 'Ashoka Sthamba' is depicted along with the denomination and on the reverse side .The map of India  is depicted and within the map the Indian flag is seen to be waving in the air and the word National Integration is written in block letters in english and hindi outside the map of India.This coin is very rarely found in India.The diameter of the coin is 24mm and the wight is 5grams