Uniform coinage of India
Prior to 1835 A.D., the East India Company issued coins in Bengal Presidency, Bombay Presidency and Madras Presidency. These coins were circulated in local area for use in the local trade.
For any particular value, the coins circulated in different areas of India were of different weight, fineness and size. In order to remove this chaotic condition, East India Company decided to introduce a uniform coinage in the territories of the company.
All the details of the new coinage were laid down by Act XVIII of 1835. As per this act the weight of the rupee coin was standardized at 180 grains troy (1 Tola) and its fineness at 11/12 (i.e. 165 grains of pure silver and 15 grains of alloy). The rupee coin would bear the effigy of the then king of United Kingdom.
Standard Silver Rupee
Specifications
Metal composition- 165 grains of pure silver and 15 grains of alloy
Diameter – 1.3”
Shape - Circular
Edge – milled
Obv - effigy of the then king or queen of United Kingdom
Rev – Value of the coin
1835 – 1840 (King William IIII)
Obv - Head of William IV with the legend “WILLIAM IIII KING”
Rev – Value of the coin in English and Persian with the legend “EAST INDIA COMPANY”
All other specifications are same as described above.
1840, (First issue) (Queen Victoria – Continuous Legend)
Obv – Uncrowned head of Queen Victoria with the continuous legend “VICTORIA QUEEN”
All other specifications are same as described above.
1840 - 1861, (Second issue) (Queen Victoria – Divided Legend)
Obv - Uncrowned head of Queen Victoria with the divided legend “VICTORIA QUEEN”
Dia – Changed from 1.3” to 1.2”
All other specifications are same as described above.
After the Indian mutiny in 1857, the administration of India was transferred from East India Company to a Council of state under British crown. In the year 1858 Victoria was proclaimed as the queen of Great Britain and colonies.
1862 - 1876, (Queen Victoria, Crowned head)
Obv - Crowned bust of Queen Victoria in place of uncrowned head design of the earlier issues with the divided legend “VICTORIA QUEEN”
Rev – Value of the coin in English only. Legend “EAST INDIA COMPANY” removed
All other specifications are same as described above.
On 1.1.1877 Queen Victoria assumed the title of “Empress of India”. Hence the inscription on the Rupee and other coins was changed from “Victoria Queen” to “Victoria Empress”.
1877 - 1901, (Victoria Empress)
Obv - Crowned bust of Victoria Empress with the legend “VICTORIA EMPRESS”
All other specifications are same as described above.
1901 - 1910, (King Edward VII)
Obv – Uncrowned head of King Edward VII with the legend “EDWARD VII KING & EMPEROR”
Rev – Crown of the king, coin value in English and Persian and a floral design.
All other specifications are same as described above.
King George Variable was coroneted on 22nd June, 1911 after the death of his father King Edward VII. Rupee coins were issued bearing his effigy from 1911 to 1922. No rupee coin was issued from 1923 to 1936.
1911 - 1936, (King George V)
( Photo by - Mayank Agrawal, Varanasi) Obv – Crowned head of King George V with the legend “GEORGE V KING EMPEROR”
Rev – Coin value in English and Persian with date surrounded with a floral design.
All other specifications are same as described above.
King George VI was coroneted in 1937. Rupee coins were issued bearing his effigy from 1938.
1937 - 1939, (King George VI)
Obv – Crowned head of King George VI with the legend “GEORGE VI KING EMPEROR”
Years of Issue – 1938, 1939
All other specifications are same as described above.
Quaternary Silver Rupee
The 2nd World War started in 1939. Due to the war the price of silver rose high. The metal value of the silver rupee coin surpassed its face value. Hence the Government decided to issue rupee and other Standard Silver coins in quaternary alloy.
1940 - 1945, (King George VI)
(Metal composition - quaternary alloy ( 50% silver,40% copper, 5% Nickel and 5% Zinc)
Edge – Security
Years of issue – 1940 to 1945
All other specifications are same as described above.
Pure Nickel Rupee
Due to the rise of price of silver after the end of World war II, the Government decided to issue rupee and other Quaternary Silver coins, in pure Nickel.1947, (King George VI)
Year of issue – 1947
Rev – Value in English, Hindi and Persian with a stalking tiger.
Metal composition – Pure Nickel
Diameter – 1.1”
All other specifications are same as described above.
1950 – 1956 ( Republic of India ) (Old Currency)
Years of issue – 1950, 1954
Obv – Lion Capital of Ashoka, with the legend “ GOVERNMENT OF INDIA “
Rev – A large 1 flanked by two ears of corn and value in English, and “Ek Rupaya” in Hindi.
All other specifications are same as described above.
1957- 1974 ( Republic of India ) (Decimal Currency)
Years of issue – 1962, 1970
Obv – Lion Capital of Ashoka, with “INDIA” in English and “Bharat” in Hindi
Rev – Same as above but value in Hindi changed to “Rupaya”.
Weight - 10 grams
Diameter – 28 mm
All other specifications are same as described above.
Cupro Nickel Rupee
With a view to conserve Nickel which was in short supply throughout the world, the Government decided to issue rupee coins in cupro nickel with less weight.1975-1982 (Big size rupee)
Years of issue – 1975 to 1982
Metal composition – Cupro-Nickel (75% Cupper and 25% Nickel)
Weight - 8 grams
All other specifications are same as described above.
1983-1991 (Small size rupee)
Years of issue – 1983 to 1991
Weight - 6 grams
Diameter – 26 mm
Edge – Security from 1983 to 1989, Upright milled from 1990 t0 1991
All other specifications are same as described above.
Stainless Steel Rupee
Due to gradual rise in the price of cupper and Nickel, the intrinsic value of the cupro-nickel coins surpassed its face value. To check the large scale diversion of these coins from circulation for melting purposes by dishonest traders, the Government decided to gradually change cupro-nickel coins to steel coins. In this regard steel coins in the denomination of 10p, 25p and 50p were changed to steel from 1988. The rupee coin was issued in steel from 1992.1992-2004 (Same design as 1983-1991 cupro nickel rupee)
Years of issue –1992 to 2004
Metal composition – Ferrite Stainless Steel (80.5% Iron, 18% Chromium)
Weight - 4.85 grams
Diameter – 25 mm
Edge – Upright milled from 1992 to 1995, Plain edge from 1995
All other specifications are same as described above.
2004 – 2006 (Theme - Unity in diversity) (cross)
Years of issue –2004 to 2006
Rev – A cross dividing 4 dots with value in English and Hindi
Obv – “Bharat” in Hindi, “India” in English at top, Lion capital and big 1 between 2 horizontal lines, Year of issue at bottom
Edge - Plain
All other specifications are same as described above.
2007 – 2011 (Theme - Bharat Natyam) (One finger)
Years of issue –2007 to 2011
Rev – A lady’s hand with pointing fore finger with a big 1 and “Rupaya” in Hindi,”Rupee” in English.
Obv – “Bharat” in Hindi, “India” in English at top, Lion capital between 2 horizontal lines, Year of issue at bottom
All other specifications are same as described above.
2011 (Theme – New Rupee Symbol)
Years of issue – 2011
Metal composition – Ferritic Stainless Steel (83% Iron, 17 % Chromium)
Weight – 3.75 gms
Shape – Circular
Diameter – 22 mm
Edge – 25 serrations on diagonally opposite sides
Obv – The face of the coin shows the Lion Capitol of Ashoka Pillar with the legend "Satyameva Jayate" in Hindi, inscribed below, flanked on the left periphery with the word "Bharat" in Hindi and on the right periphery with the word “INDIA" in English.
Rev – The face of the coin shows the denominational value “1” in the international numerals flanked on the left and right periphery with a floral design. The upper periphery bears the Rupee symbol and the year of minting in international numerals is shown on the lower periphery.
Minted at – Kolkata, Mumbai, Hyderabad, Noida
Km Number –NA
Minted at – Kolkata, Mumbai, Hyderabad, Noida
Km Number –NA
2012 (Theme – New Rupee Symbol)
Years of issue – 2012
Metal composition – Ferritic Stainless Steel (83% Iron, 17 % Chromium)
Weight – 3.75 gms
Shape – Circular
Diameter – 22 mm
Edge – 25 serrations on diagonally opposite sides
Years of issue – 2012
Metal composition – Ferritic Stainless Steel (83% Iron, 17 % Chromium)
Weight – 3.75 gms
Shape – Circular
Diameter – 22 mm
Edge – 25 serrations on diagonally opposite sides
Obv – The face of the coin shows the Lion Capitol of Ashoka Pillar with the legend "Satyameva Jayate" in Hindi, inscribed below, flanked on the left periphery with the word "Bharat" in Hindi and on the right periphery with the word “INDIA" in English.
Rev – The face of the coin shows the denominational value “1” in the international numerals flanked on the left and right periphery with a floral design. The upper periphery bears the Rupee symbol and the year of minting in international numerals is shown on the lower periphery.
Minted at – Kolkata, Mumbai, Hyderabad, Noida
Km Number –NA
Minted at – Kolkata, Mumbai, Hyderabad, Noida
Km Number –NA
1 comments:
Bullion Exchanges is a well known Bullion Shop located in the heart of New York City's Diamond District.
Bullion Exchanges have a wide inventory of products like, precious metals that range from the popular gold and silver to the prestigious platinum & palladium.
Bullion Exchanges are offering a wide range of products appealing to 1st time buyers and for established collectors.
Post a Comment