India’s first decimal coins were first introduced in 1957. The set of six coin sets were odd in shape and also in name. The shapes of these coins really helped the blind people to identify and distinguish from other. All the coins were dated 1957 except 50 paisa coin dated as 1960. The Ashoka lion capital is the national emblem of our nation. The decimal coins were known as –
- 1 naiya paisa round in shape
- 2 naiya paisa scalloped edged
- 5 naiya paisa squared out
- 10 naiya paisa again scalloped edge but bigger in dimension
- 25 naiya paisa round in shape
- 50 naiya paisa again round in shape but bigger in size.
In 1972 the picture changed. The face of the India coins took a new image from 1972. In total 10 set of coins were introduced with six different shapes. Variety of new shapes formed the modern Indian coin.
- 1972 – 1 paisa in square shape unlike round in 1957
- 1976 – 2 naiya paisa has scalloped edges
- 1971 – 3 paisa was introduced in six sided shape
- 1993 – 5 naiya paisa was square in shape
- 1988 – 10 paisa small in size was in stainless steel
- 1988 – 20 paisa seven sided coin
- 1995 – 25 paisa came with an unique image of rhinoceros
- 1999 – 50 paisa with the image of the Parliament building encircling the map of India
- 2001 – 1 rupee in stainless steel
- 2002 – 2 rupee coin unique in shape with 11 sides in total.
- 1 rupee coin has a gesture of thumbs up and the 2 rupee coin has an image of peace sign.
- Two different 5 rupee coins were introduced made in aluminium bronze alloy.
Now the small coins i.e upto 50 paisa coins are hardly in transaction. Many of us are in a habit of coin collection. It’s good when you collect and store one coin. We should not hold coins rather use them freely to maintain the smooth circulation of the coins. This will help our government in equitable handling of the coins.
For a detail study of coins of India, visit the Official RBI site
Please note – the Govt of India has the sole right to mint the coins in India.
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