2 Paise

2 Paise - obverse2 Paise - reverse

© Joseph Kunnappally

Features

Issuer India
Period Republic (1950-date)
Type Standard circulation coin
Years 1965-1981
Value 2 Paise (0.02 INR)
Currency Rupee (decimalized, 1957-date)
Composition Aluminium (96.5-96% Aluminium, 3.5-4% Magnesium)
Weight 1 g
Diameter 20 mm
Thickness 1.75 mm
Shape Scalloped (with 8 notches)
Technique Milled
Orientation Medal alignment ↑↑
Demonetized Yes
Number
N#
1743
References KM# 13,
Tracy L. Schmidt (editor); 2019. Standard Catalog of World Coins / 2001-Date (14th edition). Krause Publications, Stevens Point, Wisconsin, United States.
And 5 more volumes.
Schön# 102
Gerhard Schön; 2022. Weltmünzkatalog / 20. Jahrhundert: 1901-2000 (47. Auflage). Battenberg Gietl Verlag, Regenstauf, Germany.
And 1 more volumes.

Obverse

Ashoka lion capitol

Scripts: Devanagari, Latin

Lettering: भारत INDIA

Reverse

Denomination, date below

Scripts: Devanagari, Latin

Lettering:
पैसे 2 PAISE
1967

Translation:
Paise 2 Paise
1967

Edge

Smooth

2 Paise -  obverse

© Renato Lima (CC BY-NC)

Mints

* Hyderabad, India (1803-date)
♦ & B Mumbai / Bombay, India (1829-date)
No mint mark Kolkata / Calcutta / Murshidabad, India (1757-date)

Comments



Different National Emblem Types:
Type 1: Side lions toothless with 2 to 3 furrows, short squat D in INDIA.
Type 2: Asoka lion pedestal more imposing. Side lions
with 3 or 4 furrows, more elegant D in INDIA. The shape of the D in INDIA is the easiest way to distinguish this obverse.

Mumbai mintmarks:
♦ - Circulation Strikes
B - Proof strikes

Varieties of date size exist.

1970 (♦ Mumbai) is found only in the uncirculated sets of that year; It has a mirror-like surface.

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Date Mintage G VG F VF XF AU UNC Frequency
1965  $ 0.28 $ 0.28 6% KM#13.1 (Type 1; Calcutta Mint; 10mm "2")
1965 ♦ 175 770 000 $ 0.41 $ 0.41 $ 0.53 $ 0.86 8% KM#13.1 (Type 1; Mumbai Mint; 10mm "2")
1966  $ 0.16 $ 0.32 $ 0.65 $ 0.65 $ 0.65 11% KM#13.1 (Type 1; Calcutta Mint; 10mm "2")
1966 ♦ 386 795 000 $ 0.13 $ 0.21 $ 0.21 $ 0.69 $ 0.69 $ 0.69 $ 0.69 15% KM#13.1 (Type 1; Mumbai Mint; 10mm "2")
1967  $ 0.18 $ 0.24 $ 0.54 $ 0.59 $ 0.79 11% KM#13.2 (Type 1; Calcutta Mint; 10.5mm "2")
1967 ♦ 454 593 000 $ 0.13 $ 0.41 $ 0.41 $ 0.41 $ 0.41 $ 0.48 13% KM#13.1 (Type 1; Mumbai Mint; 10mm "2")
1967 ♦ $ 1.80 3% KM#13.3 (Type 2; Mumbai Mint; 10mm "2")
1968  $ 0.59 5% KM#13.4 (Type 1; Calcutta Mint, 11mm "2")
1968  $ 0.49 $ 0.63 6% KM#13.5 (Type 2; Calcutta Mint, 11mm "2")
1968 ♦ 305 205 000 $ 0.17 $ 0.41 $ 0.53 $ 0.53 $ 0.53 20% KM#13.5 (Type 2; Mumbai Mint; 11mm "2")
1969 ♦ 5 335 000 1.6% KM#13.5 (Type 2; Mumbai Mint; 11mm "2")
1969 B 9 147 0.8% KM#13.5 (Proof; Type 2; Mumbai Mint; 11mm "2")
1970  79 100 000 $ 0.37 $ 0.44 $ 0.54 $ 0.68 8% KM#13.5 (Type 2; Calcutta Mint, 11mm "2")
1970 ♦ 0.7% KM#13.5 (Type 2; Mumbai Mint; 11mm "2") In sets only
1970 B 3 046 0.4% KM#13.5 (Proof; Type 2; Mumbai Mint; 11mm "2")
1971  207 900 000 $ 0.08 $ 0.08 $ 0.22 $ 0.38 $ 0.46 $ 0.62 $ 0.62 15% KM#13.5 (Type 2; Calcutta Mint, 11mm "2")
1971 B 4 375 0.6% KM#13.5 (Proof; Type 2; Mumbai Mint; 11mm "2")
1972  261 270 000 $ 0.31 $ 0.31 $ 0.42 $ 1.00 9% KM#13.6 (Type 2; Calcutta Mint, 11mm "2")
1972 * $ 0.26 $ 0.52 $ 0.52 $ 0.73 $ 1.20 10% KM#13.6 (Type 2; Hyderabad Mint, 11mm "2")
1972 B 7 895 $ 9.20 1.1% KM#13.6 (Proof; Type 2; Mumbai Mint; 11mm "2")
1973  $ 0.32 $ 0.68 6% KM#13.6 (Type 2; Calcutta Mint, 11mm "2")
1973 * $ 0.30 $ 0.30 $ 0.30 $ 0.41 $ 0.91 8% KM#13.6 (Type 2; Hyderabad Mint, 11mm "2")
1973 B 7 562 $ 7.60 1.3% KM#13.6 (Proof; Type 2; Mumbai Mint; 11mm "2")
1974  $ 0.11 $ 0.26 $ 0.26 $ 0.32 $ 0.41 11% KM#13.6 (Type 2; Calcutta Mint, 11mm "2")
1974 * $ 0.12 $ 0.32 $ 0.57 $ 0.57 $ 0.57 $ 0.76 8% KM#13.6 (Type 2; Hyderabad Mint, 11mm "2")
1974 B 1.0% KM#13.6 (Proof; Type 2; Mumbai Mint; 11mm "2")
1975  184 500 000 $ 0.30 $ 0.30 $ 0.30 $ 0.38 $ 0.75 $ 1.80 13% KM#13.6 (Type 2; Calcutta Mint, 11mm "2")
1975 * $ 0.10 $ 0.12 $ 0.22 $ 0.36 $ 0.36 $ 0.37 $ 0.65 24% KM#13.6 (Type 2; Hyderabad Mint, 11mm "2")
1975 B 0.9% KM#13.6 (Proof; Type 2; Mumbai Mint; 11mm "2")
1976 * $ 0.13 4% KM#13.6 (Type 2; Hyderabad Mint, 11mm "2")
1976 ♦ 68 140 000 $ 0.34 $ 0.34 $ 0.54 $ 0.67 $ 0.81 9% KM#13.6 (Type 2; Mumbai Mint; 11mm "2")
1976 B 0.5% KM#13.6 (Proof; Type 2; Mumbai Mint; 11mm "2")
1977 * $ 0.40 $ 0.40 $ 0.40 $ 0.40 $ 0.40 11% KM#13.6 (Type 2; Hyderabad Mint, 11mm "2")
1977 ♦ $ 1.40 4% KM#13.4 (Type 1; Mumbai Mint; 11mm "2")
1977 ♦ 251 955 000 $ 0.13 $ 0.22 $ 0.24 $ 0.27 $ 0.62 7% KM#13.6 (Type 2; Mumbai Mint; 11mm "2")
1977 B 0.4% KM#13.6 (Proof; Type 2; Mumbai Mint; 11mm "2")
1978 * 144 010 000 $ 0.30 $ 0.30 $ 0.48 $ 0.62 5% KM#13.6 (Type 2; Hyderabad Mint, 11mm "2")
1978 ♦ $ 0.20 $ 0.20 $ 0.34 $ 0.62 3% KM#13.4 (Type 1; Mumbai Mint; 11mm "2")
1978 B 0.4% KM#13.6 (Proof; Type 2; Mumbai Mint; 11mm "2")
1979 * $ 1.80 $ 1.80 3% KM#13.6 (Type 2; Hyderabad Mint, 11mm "2")
1979 B 0.4% KM#13.6 (Proof; Type 2; Mumbai Mint; 11mm "2")
1980 B 0.3% KM#13.6 (Proof; Type 2; Mumbai Mint; 11mm "2")
1981 B 0.5% KM#13.6 (Proof; Type 2; Mumbai Mint; 11mm "2")

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Frequencies show the percentage of Numista users who own each year or variety among all the users who own this coin. Since some users own several versions, the sum may be greater than 100%.

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Past sales

Pictures Sale Date Version Grade Sold price
Picture 1 of a sold 2 PaisePicture 1 of a sold 2 Paise
Katz
Auction 101
Lot 1842
Internet Archive
18 Nov 2023 Undetermined UNC USD 7.56
(EUR 7.00)
(+ buyer's premium)
The lot includes several items.
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