Indian 3-paisa coin

The Indian Three paise (Hindi: तीन पैसे) (singular: Paisa), is a former denomination of the Indian Rupee. The 3 coin equals ​3⁄100 of the Indian Rupee. The symbol for paisa is ().

Three paise
India
Value3 (​3⁄100₹)
Mass1.25 g (19.3 gr)
Diameter21 mm (0.83 in)
Thickness2.0 mm (0.079 in)
EdgeSmooth
CompositionAluminium
Years of minting1964-1971
Mintage1,612,704,568
Mint marks♦ = Mumbai
B = Mumbai proof issue
* = Hyderabad
⟐ = Hyderabad
No mark = Kolkata
CirculationDemonetized
Catalog numberKM# 14.1 & 14.2
Obverse
DesignState Emblem of India with country name.
Reverse
DesignFace value and year of minting

History

Prior to 1957, Indian rupee was not decimalised and the rupee from 1835 to 1957 AD was further divided into 16 annas. Each anna was further divided to four Indian pices and each pice into three Indian pies till 1947 when the pie was demonetized. In 1955, India amended the "Indian Coinage Act" to adopt the metric system for coinage. Paisa coins were introduced in 1957, but from 1957 to 1964 the coin was called "Naya Paisa" (English: New Paisa). On 1 June 1964, the term "Naya" was dropped and the denomination was simply called "One paisa". Paisa coins were issued as a part of "The Decimal Series".[1][2][3]

Mintage

Three paise coins were minted from 1964 to 1971 at the India Government mint in Bombay (present day Mumbai) and Calcutta (present day Kolkata). Coins borne ♦ (small dot/diamond) symbol for Mumbai and no mint mark for Kolkata mint. Three paise coins have been demonetized.[3][4]

Total mintage

Total 1,612,704,568 coins were minted from 1964 to 1971.[4]

Composition

Three paise coins were minted from aluminium in medallic alignment. Coins weighed 1.25 grams, had a diameter of 21 millimetres (0.83 in) and thickness of 2 millimetres (0.079 in). Three paise coins were hexagonal shaped and had smooth edge.[1]

Variants
Variants (1964-1971).
ImageValueTechnical parametersDescriptionYear of mintingMonetary
status
ObverseReverseWeightDiameterThicknessMetalEdgeObverseReverseFirstLast
31.25 g21 mm2.0 mmAluminiumSmoothState Emblem of India & country
name in Hindi and English.		Face-value and year.19641971Demonetized.[1]

See also

References
  1. "Coin details". India Numismatics. Retrieved 27 August 2017.
  2. "Republic India Coinage". Reserve Bank of India. Retrieved 27 August 2017.
  3. "History of Indian coins". India Numismatics. Retrieved 27 August 2017.
  4. "3 paise". colnect.com. Retrieved 27 August 2017.
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