50 Naye Paise 1957-1963 front 50 Naye Paise 1957-1963 back
50 Naye Paise 1957-1963 photo
© Joseph Kunnappally

50 Naye Paise

 
Nickel 5 g 24 mm
Description
Issuer
India
Period
Republic (1950-date)
Type
Standard circulation coin
Years
1957-1963
Value
50 Paise 0.50 INR = USD 0.0060
Currency
Rupee (decimalized, 1957-date)
Composition
Nickel
Weight
5 g
Diameter
24 mm
Thickness
1.67 mm
Shape
Round
Technique
Milled
Orientation
Medal alignment ↑↑
Updated
2024-10-05
References
Numista
N#7810
Rarity index
8%

Reverse

Denomination and date

NOTE: Different mintmarks
♦ (small dot/diamond) = Mumbai
(no mintmark) = Calcutta

Lettering:
रूपये का आधा भाग
50
नये पैसे
1960

Edge

Reeded

Interesting fact

The 50 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 after India gained independence from British rule in 1947 and was used on various coins and currency notes issued by the Reserve Bank of India. The use of the national emblem on the 50 Naye Paise coin was a significant departure from the previous coinage system, which featured the portrait of British monarchs.

Price

Date Mintage VG F VF XF AU UNC
1960  - - - - - -
1960 ♦ 11224000 - - - - - -
1961  - - - - - -
1961 ♦ 45992000 - - - - - -
1962  - - - - - -
1962 ♦ 64227999 - - - - - -
1963  - - - - - -
1963 ♦ 58168000 - - - - - -

Values in the table are based on evaluations by sales realized on Internet platforms. They serve as an indication only for 50 Naye Paise 1957-1963 coin.