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Showing posts with label 1970 Series. Show all posts
Showing posts with label 1970 Series. Show all posts

Thursday, November 4, 2010

1976 Five paisa coin

The  five paisa coin of 1976 was a Aluminum series coin with less text.The coin was a mixture of Aluminum and magnesium.This type of coin was first issued in 1972 and it was continued minting till 1984.The coin was square in shape and the diagonal lenght was 22mm.On one side 5 paisa  was inscribed the word paisa was written in Hindi as well as in English and on the other side "Bharat" and "India" was inscribed along with the Ashoka Sthamba .A dot is also present below the 7 of 1976 this signifies it is from the Bombay mint. The Bombay Mint has a small dot or diamond mint mark under Date of the Coin.The weight of this coin is 1.5 gram.

Sunday, July 11, 2010

50 paisa coin of 1972



        A 50 paisa  commemorative  coin was issued  on 16th August 1972. to mark the 25th anniversary of our independence  all the previous version of 50 paisa coin were struck in nickel,but this 50 paisa coin was struck in copper and nickel  ( 75% Cupper + 25% Nickel ).India gained its independence 0n 15th August,1947 and on 15th August ,1972 India was celebrating 25th year of  its independence  and it was called the silver jubilee of India's independence to commemorate the 25th year of India's  independence this coin was issued .On one side a man and a women holding the Indian Tricolour infront of the Indian Parliament is depicted and  "२५वि  स्वअतन्त्र्य जयंती "  is written on one side which means "25th Independence anniversary.The picture man and women symbolizes the equality of men and women in Independent India. On the other side The Ashoka sthamba is depicted with the 50 paisa mark.A set of 2 commemorative coins in the denomination of Rs. 10, and 50 paise were issued for general circulation.


       

Thursday, July 1, 2010

1976 Indian Rupee Coin



In most parts of India, the rupee is known as the rupee, rupaya (Hindi), rupiyo in Gujarati (રૂપિયો), roopayi in Telugu (రూపాయి), Tulu (ರೂಪಾಯಿ) and Kannada (ರೂಪಾಯಿ), rubai in Tamil (ரூபாய்), roopa in Malayalam (രൂപ), rupaye in Marathi (टी) or one of the other terms derived from the Sanskrit रूप्यकम् rupyakam) (Devanagari: रूप्यकं), raupya meaning silver; rupyakam meaning (coin) of silver. However, in West Bengal, Tripura, Mizoram, Orissa, and Assam, the Indian rupee is officially known by names derived from the Sanskrit तनक Tanka. Thus, the rupee is called টাকা Taka in Bengali, টকা tôka in Assamese, and ଟଙ୍କା Tôngka in Oriya, with the symbol T


After Independence of India, the government brought out the new design Re. 1 note in 1949. Initially it was felt that the King's portrait be replaced by a portrait of Mahatma Gandhi. Finally however, the Lion Capital of Asoka was chosen. The new design of notes were largely along earlier lines. In 1953, Hindi was displayed prominently on the new notes. The economic crisis in late 1960s led to a reduction in the size of notes in 1967. The very considerable costs of managing note issues of Re 1 led to the gradual coinisation



Immediately after independence, the British coinage was continued. The Monetary System remained unchanged at One Rupee consisting of 64 pice, or 192 pies. The "Anna Series" was introduced on 15 August, 1950. this was the first coinage of Republic of India. The King's Portrait was replaced by the Asoka's Lion Capital. A corn sheaf replaced the Tiger on the one Rupee coin. The monetary system was retained with one Rupee consisting of 16 Annas. The 1955 Indian Coinage (Amendment) Act, that came into force with effect from 1 April 1957, introduced a "Decimal series". The rupee was now divided into 100 'Paisa' instead of 16 Annas or 64 Pice.In 1960’s a new one rupee coin was issued which was bigger in size and weight .”BHARAT” was written on the Ashoka Sthamba side in india along with india.The famous slogan of “SATAYAMEV JAYTAE” was not included below the Ashoka Sthamba till that time.The weight of that coin was 10 gm and the diameter was 28 mm.Nickel was used because of its non-rusting property.This coin was continued till 1980.

Sunday, June 20, 2010

20 PAISA BRASS COIN OF 1971

In 1968 a 20 paise brass coin was minted by india .In those days Aluminium series coins were very in use this  brass coin was very peculiar in those times.The coin has a lotus on one side with the denomination and the year inscribed on one side . The 20-paise coins, have the image of lotus  embossed on it and so they are fixed at the entrance of buildings and prayer rooms in those days .They also possed ornamental value as ankle chains and imitation jewellery were made out of these coins.On the other side the national embelem "The Ashoka Sthambha" is inscribed without the slogan "Satyamev Jayte".The 20 paisa brass coin was removed from circulation because it was melted down in large numbers because of its metal value

Monday, June 14, 2010

Aluminium series coins



With commodity prices rising in the sixties, small denomination coins which were made of bronze, nickel-brass, cupro-nickel, and aluminium-bronze were gradually minted in aluminium. This change commenced with the introduction of the new hexagonal 3 paise coin. A twenty paise coin was introduced in 1968 but did not gain much popularity.The one paisa coin of Aluminium-Magnesium metal weighing 0.75 gram and square in shape having diagonal lenghth 17mm was a aluminium series coin.The two paisa coin was Scalloped in shapeand was made up of Aluminium-Magnesium metal weighing one gram.The 1971 two paisa coin is depicted here. In 1964  a new denomination the 3 paise was introduced The three paisa coin of  aluminium series was also made of Aluminium-Magnesium metal weighing 1.25 gram and was hexagonal in shape .A 1966 3 paisa coin is depicted here