Indian 50-paisa coin

The Indian 50 paisa coin, popularly called Athanni is a former denomination of the Indian Rupee. The 50 coin equals 12 of the Indian Rupee. The symbol for paisa is ().

Fifty paise
India
Value50 (12 )
Mass2.9 g
Diameter19 mm (0.75 in)
Thickness1.5 mm (0.06 in)
EdgeReeded
CompositionNickel (1957-1971)
Cupronickel (1972-1990)
Stainless Steel (1988-2016)
Years of minting1957 (1957)–2016
Mint marksMumbai = ♦
Mumbai Proof issues = B
Hyderabad = *
Noida = °
Kolkata = No mint-mark
CirculationIn-circulation
Catalog numberKM#398, KM#374 and KM#70 to KM#55
Obverse
DesignState Emblem of India with country name.
Reverse
DesignFace value and year flanked by National flower of India

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 type 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] In 2019, the new coins of Indian rupee were adopted, but the 50 paise coins were not minted as they have ceased to be in circulation.

See also

References

  1. "Republic India Coinage". Reserve Bank of India. Retrieved 10 January 2017.
  2. "50 paise coins". India Numismatics. Retrieved 10 January 2017.
  3. "History of Indian coins". India Numismatics. Retrieved 30 November 2016.
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