1 Pice

1 Pice -  obverse1 Pice -  reverse

© Joseph Kunnappally

Features

Issuer India
Period Republic (1950-date)
Type Standard circulation coin
Years 1950-1955
Value 1 Pice (1/64)
Currency Rupee (1950-1957)
Composition Bronze
Weight 2.92 g
Diameter 21 mm
Thickness 1.14 mm
Shape Round
Technique Milled
Orientation Medal alignment ↑↑
Demonetized 1 April 1957
Number N# 1627
Numista type number (https://numista.com)
References KM# 1
Tracy L. Schmidt (editor); 2019. Standard Catalog of World Coins / 2001-Date (14th edition). Krause Publications, Stevens Point, Wisconsin, USA.
And 4 more volumes.

Obverse

Ashoka Lion Capital

Lettering: GOVERNMENT·OF·INDIA

Reverse

Prancing horse facing left

Lettering: ONE PICE * एक पैसा 1955

Translation: One Pice One Pice 1955

Edge

Smooth

Mints

No mint mark Kolkata / Calcutta / Murshidabad, India (1757-date)
˂˃ - Vertically Splited Diamond Hyderabad, India (1803-date)
♦ - Diamond Mumbai / Bombay, India (1829-date)

Comments

NOTE: The 1950 coins are thicker and have more weight in comparison to rest of the years. The average weight of 1950 coins are 60 grains (3.8879346 Grams), 1951 and later 45 grains (2.9159510 Grams)

Mint mark details:


- 1950, Bombay mint Varieties:

See also

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Date Mintage VG F VF XF AU UNC Frequency
1950  14 000 000 $ 0.12 $ 0.26 $ 1.44 $ 1.46 10% KM#1.2 (Calcutta Mint;1.6mm thick, 1.0mm edge rim, 3.8gm weight)
1950 ♦ 32 080 000 $ 0.64 $ 1.13 $ 1.44 $ 0.94 $ 1.44 10% KM#1.1 (Mumbai Mint; 1.6mm thick, 0.3mm edge rim, 3.8gm weight)
1950 ♦ $ 1.28 $ 1.07 $ 1.06 $ 1.44 7% KM#1.2 (Mumbai Mint;1.6mm thick, 1.0mm edge rim, 3.8gm weight)
1950 ♦ 1.6% KM#1.2 (Mumbai Mint;1.6mm thick, 1.0mm edge rim, 3.8gm weight) Proof
1951  127 300 000 $ 0.10 $ 0.34 $ 0.84 $ 0.93 $ 1.44 20% KM#1.3 (Calcutta Mint; 1.2mm thick, 0.8mm edge rim)
1951 ♦ 104 626 000 $ 0.24 $ 0.52 $ 0.86 $ 0.80 $ 0.70 24% KM#1.3 (Mumbai Mint; 1.2mm thick, 0.8mm edge rim)
1952 ♦ 213 830 000 $ 0.28 $ 0.50 $ 1.13 $ 0.96 $ 1.44 28% KM#1.4 (Mumbai Mint; Larger date, 1.2mm thick, 0.8mm edge rim)
1953  111 000 000 $ 0.11 $ 0.49 $ 0.72 $ 0.53 $ 1.41 18% KM#1.4 (Calcutta Mint; Larger date, 1.2mm thick, 0.8mm edge rim)
1953 <> 1.9% KM#1.4 (Hyderabad Mint; Larger date, 1.2mm thick, 0.8mm edge rim)
1953 ♦ 242 358 000 $ 0.09 $ 0.28 $ 0.61 $ 1.20 $ 2.16 26% KM#1.4 (Mumbai Mint; Larger date, 1.2mm thick, 0.8mm edge rim)
1954  $ 0.51 $ 0.48 $ 0.52 $ 1.41 8% KM#1.4 (Calcutta Mint; Larger date, 1.2mm thick, 0.8mm edge rim)
1954 <> 1.6% KM#1.4 (Hyderabad Mint; Larger date, 1.2mm thick, 0.8mm edge rim)
1954 ♦ 136 758 000 $ 0.29 $ 1.02 $ 0.64 $ 1.02 $ 0.94 $ 1.48 31% KM#1.4 (Mumbai Mint; Larger date, 1.2mm thick, 0.8mm edge rim)
1954 ♦ 1.6% KM#1.4 (Mumbai Mint; Larger date, 1.2mm thick, 0.8mm edge rim) Proof
1955 <> 1.0% KM#1.4 (Hyderabad Mint; Larger date, 1.2mm thick, 0.8mm edge rim)
1955 ♦ 24 423 000 $ 0.51 $ 0.66 $ 0.94 11% KM#1.4 (Mumbai Mint; Larger date, 1.2mm thick, 0.8mm edge rim)

Values in the table above are expressed in USD. They are based on evaluations by Numista users and sales realized on Internet platforms. They serve as an indication only; they are not intended to be relied upon for buying, selling or exchanging. Numista does not buy or sell coins or banknotes.

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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