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scalloped edge coins shapes

Saturday, April 23, 2011

scalloped edge coins shapes

INDIA’S FIRST DECIMAL COINS INCLUDES ODD SHAPES

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India's first decimal coin set 1957-1960 1 - 50 Paisa
India introduced their first decimal coins in 1957.  The coins were initially called Naye Paise, or new Paise, to distinguish them from the previous coins. In order to aid the many blind in the country, each coin was distinctly different.  This six coin set includes the round 1 Naye Paisa, scalloped edge 2 Naye Paisa, the square 5 Naye Paise, the scalloped edge 10 Naye Paisa, the round 25 Naye Paise, all dated 1957, and the round 50 Naye Paise dated 1960, its first year of issue.  The coins have the denomination on one side and the lion capital from the Sarnath pillar of Ashoka.  The Ashoka lion capital was erected around 250BC and now serves as the national emblem of India.  All 6 coins are Uncirculated.

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