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INDIA ONE (1) PICE COIN 1954 (MINTED IN MUMBAI)

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Product details

Management number 8781729 Release Date 2025/09/04 List Price $2.29 Model Number 8781729
Category

1953 India One Pice coin, also referred to as a 1 Paisa coin.
Here's some information about this coin:
Denomination and Period: It represents the "One Pice" denomination from the Republic of India's coinage, specifically from the period before the complete decimalization of the Indian Rupee in 1957.
Design: The coin features a prancing horse on one side, alongside the year "1953" and the text "ONE PICE" in English and " " (One Paisa) in Hindi. The other side would typically feature the Lion Capital of the Ashoka Pillar, replacing the British King's portrait after India became a republic in 1950.
Composition: This coin is made of bronze.
Historical Context: Prior to 1957, the Indian Rupee was divided into 16 annas, with each anna further divided into four pices. In 1957, India adopted a decimal system, and the rupee was divided into 100 "Naye Paise" (New Paise), later simply "Paise". The 1 Pice coin, along with other pre-decimalization denominations, was eventually demonetized.

CategoryVintage & collectibles > Collectible Coins > Collectible World Coins
SizeN/A
BrandNone
ConditionGood

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