The Indianfive paise(Hindi:पाँच पैसे) (singular:Paisa), is former denomination of theIndian Rupee.The 5coin equals120of the Indian Rupee. The symbol for paisa is ().

Five paise
India
Value5(120)
Mass1.03 g (15.9gr)
Diameter22 mm (0.87 in)
Thickness1.5 mm (0.06 in)
CompositionCupronickel
Aluminium&
Aluminium-magnesium
Years of minting1964–1994
Mintage4,924,011,110.[1][2][3]
Mint marks⧫ =Mumbai
B = Mumbai proof issue
* =Hyderabad
No mark =Kolkata
CirculationDemonetized
Catalog numberKM17,
KM 18.1 to 18.6
KM 19, 20, 21, 22 & 23
Obverse
DesignState Emblem of Indiawith country name.
Reverse
DesignFace value and year.

History

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Prior 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.Plural:Naye paise). On 1 June 1964, the term "Naya" was dropped and the denomination was simply called "One paisa" (or paise for denomination greater than one). Paisa coins were issued as a part of "The Decimal Series".[4][5][6]Five paise coins were minted from 1964 to 1984.[1]5 paise was equivalent to four-fifths of an anna (0.8 anna).

Mintage

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Five paise coins were minted from 1961 to 1984 at theIndia Government MintsinMumbai,KolkataandHyderabad.[1][2][3]The coins weredemonetizedin 1994.[6]

Mint marks

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Depending on the mint producing the coins, following mint marks appear:

Mint Mark Description Comments
Hyderabad Five-pointed star
Kolkata No mint-mark Since this was the first Indian mint, coins minted in Kolkata don't carry a mark.[7]
Mumbai Diamond
Small dot (solid)
B Letter B below year
M Letter M below year On coins minted after 1996.
Noida ° Small dot (hollow)

Total mintage

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Total 4,924,011,110 coins were minted from 1964 to 1994.[1][2][3]

Composition

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Five paise coins were minted fromCupronickel,Aluminiumand Aluminium-magnesium inmedallic alignment.The coins wererhombusshaped and had smooth edge.[1][2][3]

Variants

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5 paise coin variants (1964-1994).
Image KM# Technical parameters Description Year of minting Comments
Obverse Reverse Weight Diameter Thickness Metal Edge Obverse Reverse First Last
17 4.05 g 22 mm 2.2 mm Cupronickel Smooth State Emblem of India
& country name in
Hindi and English.
Face-value,
year and lettering
रूपये का बीसवाँ
भाग; (E:20th
part of a rupee)
1964 1966 [3][6]
18.1 1.6 g Aluminium 1967 1967 Number 5 on reverse smaller in size.[1]
18.2 1.6 g 1967 1971 Arms type 1. Number 5 on reverse larger in size.[1]
18.3 1.6 g 1967 1971 Arms type 2. Number 5 on reverse larger in size.[1]
18.4 1.53 g 2.0 mm Face-value,
year and lettering.
1972 1972 Hindi lettering on reverse omitted.[1]
18.5 1.53 g 1973 1978 Arms type 1. Number 5 on reverse larger in size.[1]
18.6 1.53 g 1972 1984 Arms type 2. Number 5 on reverse larger in size.[1]
23a 1.03 g 1.5 mm Aluminium-
magnesium
1984 1994 Lightest 5 paise coin.[4]

See also

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References

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  1. ^abcdefghijk"5 paisa variants".colnect.com.Retrieved31 August2017.
  2. ^abcd"5 paisa commemorative".colnect.com.Retrieved31 August2017.
  3. ^abcde"5 paisa cupronickle".colnect.com.Retrieved31 August2017.
  4. ^ab"Coin details".India Numismatics.Retrieved31 August2017.
  5. ^"Republic India Coinage".Reserve Bank of India.Retrieved31 August2017.
  6. ^abc"History of Indian coins".India Numismatics.Retrieved31 August2017.
  7. ^"Mint marks".indian-coins.com.Retrieved31 August2017.