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
Weight 1 g
Diameter 20 mm
Thickness 1.58 mm
Shape Scalloped (with 8 notches)
Orientation Medal alignment ↑↑
Demonetized Yes
Number N# 1743
Numista type number (https://numista.com)
References KM# 13,
Tracy L. Schmidt (editor); 2019. Standard Catalog of World Coins / 2001-Date (14th edition). Krause Publications, Stevens Point, Wisconsin, USA.
And 4 more volumes.
Schön# 102
Gerhard Schön; 2020. Weltmünzkatalog / 20. Jahrhundert: 1901-2000 (47. Auflage). Gietl Verlag, Regenstauf, Germany.
And 2 more volumes.

Obverse

Ashoka lion capitol

Lettering: भारत INDIA

Reverse

Denomination, date below

Lettering:
पैसे 2 PAISE
1967

Translation:
Paise 2 Paise
1967

Edge

Smooth

Mints

* Hyderabad, India (1803-date)
No mint mark Kolkata / Calcutta / Murshidabad, India (1757-date)
♦ & B Mumbai / Bombay, India (1829-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 VG F VF XF AU UNC Frequency
1965  7% KM#13.1 (Type 1; Calcutta Mint; 10mm "2")
1965 ♦ 175 770 000 $ 1.02 $ 0.44 9% KM#13.1 (Type 1; Mumbai Mint; 10mm "2")
1966  $ 0.57 $ 0.64 $ 0.71 11% KM#13.1 (Type 1; Calcutta Mint; 10mm "2")
1966 ♦ 386 795 000 $ 0.23 $ 0.57 $ 0.91 $ 0.71 15% KM#13.1 (Type 1; Mumbai Mint; 10mm "2")
1967  $ 0.19 $ 0.34 $ 0.57 $ 1.44 11% KM#13.2 (Type 1; Calcutta Mint; 10.5mm "2")
1967 ♦ 454 593 000 $ 0.34 $ 0.57 $ 0.23 $ 0.38 $ 0.50 13% KM#13.1 (Type 1; Mumbai Mint; 10mm "2")
1967 ♦ $ 2.58 3% KM#13.3 (Type 2; Mumbai Mint; 10mm "2")
1968  $ 0.62 5% KM#13.4 (Type 1; Calcutta Mint, 11mm "2")
1968  $ 0.51 $ 0.63 5% KM#13.5 (Type 2; Calcutta Mint, 11mm "2")
1968 ♦ 305 205 000 $ 0.57 $ 0.59 $ 0.31 20% KM#13.5 (Type 2; Mumbai Mint; 11mm "2")
1969 ♦ 5 335 000 1.7% KM#13.5 (Type 2; Mumbai Mint; 11mm "2")
1969 B 9 147 0.7% KM#13.5 (Proof; Type 2; Mumbai Mint; 11mm "2")
1970  79 100 000 $ 0.43 $ 0.71 8% KM#13.5 (Type 2; Calcutta Mint, 11mm "2")
1970 ♦ 0.8% 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 $ 0.57 $ 0.91 $ 0.71 $ 0.95 15% KM#13.5 (Type 2; Calcutta Mint, 11mm "2")
1971 B 4 375 0.5% KM#13.5 (Proof; Type 2; Mumbai Mint; 11mm "2")
1972  261 270 000 $ 0.36 $ 0.68 9% KM#13.6 (Type 2; Calcutta Mint, 11mm "2")
1972 * $ 0.69 $ 0.71 $ 1.27 9% KM#13.6 (Type 2; Hyderabad Mint, 11mm "2")
1972 B 7 895 1.1% KM#13.6 (Proof; Type 2; Mumbai Mint; 11mm "2")
1973  6% KM#13.6 (Type 2; Calcutta Mint, 11mm "2")
1973 * $ 0.34 $ 0.21 8% KM#13.6 (Type 2; Hyderabad Mint, 11mm "2")
1973 B 7 562 1.3% KM#13.6 (Proof; Type 2; Mumbai Mint; 11mm "2")
1974  $ 0.33 $ 0.38 $ 0.68 $ 1.09 11% KM#13.6 (Type 2; Calcutta Mint, 11mm "2")
1974 * $ 0.68 $ 1.26 $ 0.57 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 $ 0.38 $ 0.68 $ 0.11 $ 1.92 13% KM#13.6 (Type 2; Calcutta Mint, 11mm "2")
1975 * $ 0.24 $ 0.50 $ 0.45 $ 0.75 23% KM#13.6 (Type 2; Hyderabad Mint, 11mm "2")
1975 B 0.9% KM#13.6 (Proof; Type 2; Mumbai Mint; 11mm "2")
1976 * $ 0.33 4% KM#13.6 (Type 2; Hyderabad Mint, 11mm "2")
1976 ♦ 68 140 000 $ 0.44 $ 1.13 $ 1.13 9% KM#13.6 (Type 2; Mumbai Mint; 11mm "2")
1976 B 0.6% KM#13.6 (Proof; Type 2; Mumbai Mint; 11mm "2")
1977 * $ 0.68 $ 0.40 $ 0.57 10% KM#13.6 (Type 2; Hyderabad Mint, 11mm "2")
1977 ♦ $ 1.44 4% KM#13.4 (Type 1; Mumbai Mint; 11mm "2")
1977 ♦ 251 955 000 $ 0.15 $ 0.92 8% 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 $ 0.35 $ 0.92 5% KM#13.6 (Type 2; Hyderabad Mint, 11mm "2")
1978 ♦ $ 0.64 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 * $ 1.70 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 0.7% KM#13.6 (Proof; Type 2; Mumbai Mint; 11mm "2")

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.

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