The IndianTwo naye paise(Hindi:दो नए पैसे) (singular:Paisa) is a unit ofcurrencyequaling2⁄100of theIndian rupee.The symbol for paisa isp.
| Value | 2⁄100Indian rupee |
|---|---|
| Mass | 2.95 g (45.5gr) |
| Diameter | 18 mm (0.71 in) |
| Thickness | 1.80 mm (0.071 in) |
| Edge | Smooth |
| Composition | Cupronickel |
| Years of minting | 1957 |
| Mint marks | Mumbai= ⧫ |
| Circulation | Demonetized |
| Catalog number | KM#11 |
| Obverse | |
| Design | State Emblem of Indiawith country name. |
| Reverse | |
| Design | Face value and year of minting |
History
editPrior to 1957,Indian rupeewas notdecimalisedand the rupee from 1835 to 1957ADwas further divided into 16annas.Each anna was further divided to fourIndian picesand each pice into threeIndian piestill 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
editTwo naye paise coins was minted from 1957 to 1963 at theIndia Government mintinBombay(present day Mumbai) and borne symbol ⧫ (small dot/diamond) as mint mark. The coin has beendemonetized.[3][4]
Total mintage
editTotal 1,826,326,000 coins were minted from 1957 to 1964.[4]
Composition
editTwo naye paise coins were minted fromCupronickelalloy inmedallic orientation.The coins weighed 2.95 grams, had a diameter of 18 millimetres (0.71 in) and thickness of 1.8 millimetres (0.071 in). Scalloped with eight notches, the coins had smooth edge.[1]
Variants
edit| Variants (1957-1964). | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Image | Value | Technical parameters | Description | Year of minting | Monetary status | |||||||
| Obverse | Reverse | Weight | Diameter | Thickness | Metal | Edge | Obverse | Reverse | First | Last | ||
 |
2 naye paise | 2.95 g | 18 mm | 1.8 mm | Cupronickel | Smooth | State Emblem of India& country name in Hindi and English. |
Face-value and year. | 1957 | 1964 | Demonetized.[1] | |
See also
edit
References
edit- ^abc"2 naye paise details".India Numismatics.Retrieved26 August2017.
- ^"Republic India Coinage".Reserve Bank of India.Retrieved26 August2017.
- ^ab"History of Indian coins".India Numismatics.Retrieved26 August2017.
- ^ab"2 naye paise".colnect.com.Retrieved26 August2017.