2 Naye Paise 1957-1963 front 2 Naye Paise 1957-1963 back
2 Naye Paise 1957-1963 photo
© Joseph Kunnappally

2 Naye Paise

 
Copper-nickel 2.95 g 18 mm
Description
Issuer
India
Period
Republic (1950-date)
Type
Standard circulation coin
Years
1957-1963
Value
2 Paise (0.02&nbspINR)
Currency
Rupee (decimalized, 1957-date)
Composition
Copper-nickel
Weight
2.95 g
Diameter
18 mm
Thickness
1.80 mm
Shape
Scalloped (with 8 notches)
Technique
Milled
Orientation
Medal alignment ↑↑
Demonetized
Yes
Updated
2024-10-05
References
Numista
N#1625
Rarity index
6%

Reverse

The denomination above the date

Lettering:
रुपये का पचासवाँ भाग
2 नये पैसे 1959

Translation:
Fiftieth part of Rupee
2 New Paise 1959

Edge

Plain

Interesting fact

The 2 Naye Paise coin was introduced in 1957 and was the first coin to feature the national emblem of India, which is a lion standing on the Ashoka Chakra, a wheel with 24 spokes. This emblem was adopted as the national symbol of India after independence from British rule in 1947. The coin was minted until 1963, and it's interesting to note that the design of the coin remained unchanged during its six years of production.

Price

Date Mintage VG F VF XF AU UNC
1957  - - - - - -
1957 ♦ 406230000 - - - - - -
1958  - - - - - -
1958 ♦ 245660000 - - - - - -
1959  - - - - - -
1959 ♦ 171445000 - - - - - -
1960  - - - - - -
1960 ♦ 121820000 - - - - - -
1961  - - - - - -
1961 ♦ 190610000 - - - - - -
1962  - - - - - -
1962 ♦ 318181000 - - - - - -
1963  - - - - - -
1963 ♦ 372380000 - - - - - -

Values in the table are based on evaluations by sales realized on Internet platforms. They serve as an indication only for 2 Naye Paise 1957-1963 coin.