Indian 1-rupee coin: Difference between revisions
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[[Sher Shah Suri]], the founder of [[Sur Empire]] ruled [[North India]] from 1540 to 1545 [[Anno Domini |AD]]. <ref name="p.83">Majumdar, R.C. (ed.) (2007). ''The Mughul Empire'', Mumbai: Bharatiya Vidya Bhavan, {{Listed Invalid ISBN|81-7276-407-1}}, p.83</ref> During his reign, Suri issued a silver coin termed as ''Rupiya''. The denomination remained in usage through the [[Mughal Empire|Mughal]], [[Maratha Empire| Maratha]], [[Company rule in India|East India company]] and [[British Raj|British]] rules.<ref name="Facts about Indian coinage">{{cite news|title=Facts about Indian coinage|publisher=mymoneysage.in|accessdate=29 August 2017|url=https://www.mymoneysage.in/blog/interesting-facts-about-coinage-and-currency-notes-in-india/}}</ref><ref name="History of Indian coins">{{cite news|title=History of Indian coins|publisher=indianumismatics.wordpress.com|accessdate=29 August 2017|url=https://indianumismatics.wordpress.com/category/history-of-indian-coins/}}</ref> Each rupiya coin weighed {{convert|178|gr|g|abbr=off}}. [[Denomination (currency)# Subunit and super unit|Sub-unit]] of rupyia were copper pieces and 40 copper pieces constituted one rupiya. <ref name="Facts about Indian coinage"/><ref name="Interesting Facts about Rupee and Coins">{{cite news|title=Interesting Facts about Rupee and Coins|publisher=mapsofindia.com|accessdate=29 August 2017|url=https://www.mapsofindia.com/my-india/india/interesting-facts-about-rupee-and-coins}}</ref> |
[[Sher Shah Suri]], the founder of [[Sur Empire]] ruled [[North India]] from 1540 to 1545 [[Anno Domini |AD]]. <ref name="p.83">Majumdar, R.C. (ed.) (2007). ''The Mughul Empire'', Mumbai: Bharatiya Vidya Bhavan, {{Listed Invalid ISBN|81-7276-407-1}}, p.83</ref> During his reign, Suri issued a silver coin termed as ''Rupiya''. The denomination remained in usage through the [[Mughal Empire|Mughal]], [[Maratha Empire| Maratha]], [[Company rule in India|East India company]] and [[British Raj|British]] rules.<ref name="Facts about Indian coinage">{{cite news|title=Facts about Indian coinage|publisher=mymoneysage.in|accessdate=29 August 2017|url=https://www.mymoneysage.in/blog/interesting-facts-about-coinage-and-currency-notes-in-india/}}</ref><ref name="History of Indian coins">{{cite news|title=History of Indian coins|publisher=indianumismatics.wordpress.com|accessdate=29 August 2017|url=https://indianumismatics.wordpress.com/category/history-of-indian-coins/}}</ref> Each rupiya coin weighed {{convert|178|gr|g|abbr=off}}. [[Denomination (currency)# Subunit and super unit|Sub-unit]] of rupyia were copper pieces and 40 copper pieces constituted one rupiya. <ref name="Facts about Indian coinage"/><ref name="Interesting Facts about Rupee and Coins">{{cite news|title=Interesting Facts about Rupee and Coins|publisher=mapsofindia.com|accessdate=29 August 2017|url=https://www.mapsofindia.com/my-india/india/interesting-facts-about-rupee-and-coins}}</ref> |
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==Independent India== |
===Independent India=== |
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On 15 August 1947, India got [[Indian independence|independence]] and the [[monetary system]] and [[Coins of British India|coinage]] of the [[British Raj]] were retained. It was not until 15 August 1950 that India introduced new coins. Introduction of new coins (including one rupee coin) was done in following chronology and reasons;<ref name="Republic India Coinage">{{cite news|title=Republic India Coinage|publisher=[[Reserve Bank of India]]|accessdate=28 August 2017|url=https://rbi.org.in/SCRIPTs/mc_republic.aspx}}</ref> |
On 15 August 1947, India got [[Indian independence|independence]] and the [[monetary system]] and [[Coins of British India|coinage]] of the [[British Raj]] were retained. It was not until 15 August 1950 that India introduced new coins. Introduction of new coins (including one rupee coin) was done in following chronology and reasons;<ref name="Republic India Coinage">{{cite news|title=Republic India Coinage|publisher=[[Reserve Bank of India]]|accessdate=28 August 2017|url=https://rbi.org.in/SCRIPTs/mc_republic.aspx}}</ref> |
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Revision as of 18:10, 29 August 2017
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Indien | |
| Value | 1 Indian rupee |
|---|---|
| Mass | 3.76 g |
| Diameter | 21.93 mm (0.86 in) |
| Thickness | 1.45 mm (0.057 in) |
| Edge | Reeded |
| Composition | Stainless steel |
| Years of minting | 1950–present |
| Mint marks | ♦ = Mumbai B = Mumbai Proof issue * = Hyderabad ° = Noida No mint-mark = Kolkata |
| Obverse | |
| Reverse | |
One rupee coin is an Indian coin worth one Indian rupee and is made up of hundred paisas. Currently, one rupee coin is the second smallest Indian coin in circulation. Since 1992, one Indian rupee coins are minted from stainless steel. Round in shape, the one rupee coins weighs 3.76 grams (58.0 grains), has a diameter of 21.93-millimetre (0.863 in) and thickness of 1.45-millimetre (0.057 in). In independent India, one rupee coins was first minted in 1950 and is currently in circulation.
History
Sur Empire
Sher Shah Suri, the founder of Sur Empire ruled North India from 1540 to 1545 AD. [1] During his reign, Suri issued a silver coin termed as Rupiya. The denomination remained in usage through the Mughal, Maratha, East India company and British rules.[2][3] Each rupiya coin weighed 178 grains (11.5 grams). Sub-unit of rupyia were copper pieces and 40 copper pieces constituted one rupiya. [2][4]
Independent India
On 15 August 1947, India got independence and the monetary system and coinage of the British Raj were retained. It was not until 15 August 1950 that India introduced new coins. Introduction of new coins (including one rupee coin) was done in following chronology and reasons;[5]
- Motifs and symbol of sovereignty were adapted to represent Indian independence.
- Introduction of metric system and related impact on Indian coinage.
- Changes due to metallic value of coins.
- "Coinisation" of currency notes for cost-benefit.
From 1947 to 1957, Indian rupee was not decimalised and was divided into 16 annas. Each anna was further divided to four Indian pices (from 1835 to 1947, each pice was divided into three Indian pies; till the pie was demonetized in 1947). Table below shows sub-units of one rupee (1835-present). [3]
| Denomination | Sub-unit | Sub-unit | Sub-unit | From | To | Kommentare |
|---|---|---|---|---|---|---|
| Rupee | Anna (1 Rupee=16 Anna) |
Pice (1 Anna = 4 Pice) |
Pie (1 Pice = 3 Pie) |
1835 | 1947 | Pie demonetized in 1947. |
| - | 1947 | 1950 | The Frozen Series | |||
| 1950 | 1957 | The Anna Series | ||||
| Paisa (1 Rupee = 100 Paisa) |
- | - | 1957 | 1964 | Naya Paisa Series. Anna & Pice demonetized in 1957. | |
| 1964 | Present | Except 50 paisa, all lower coins demonetized. | ||||
| (1835-1947): 1 Indian rupee = 16 anna = 64 pice = 192 pie. (1947-1957): 1 Indian rupee = 16 anna = 64 pice. (1957-1964): 1 Indian rupee = 100 naye paise. (1964-present): 1 Indian rupee = 100 paise.[5] | ||||||
Mintage
As of 2017, one rupee coins are minted by India Government Mints in Mumbai, Kolkata, Hyderabad and in Noida. All coins are circulated only through Reserve Bank of India.[6]
Mint marks
Following mint marks have been used on one rupee coins since 1947.[7][8][9]
| Mint | Mark | Description | Kommentare |
|---|---|---|---|
Coins minted in Indian mints
| |||
| Hyderabad | ☆ | Five-pointed star | |
| Kolkata | No mint-mark | Since this was the first Indian mint, coins minted in Kolkata don't carry a mark.[7] | |
| Mumbai | ♦ | Diamond | |
| • | Small dot (solid) | ||
| B | Letter B below year | ||
| M | Letter M below year | On coins minted after 1996. | |
| Noida | ° | Small dot (hollow) | |
Coins minted in foreign mints
| |||
| Birmingham | H | Letter H below year | One rupee coins (KM# 79.1) in 1985 were also minted in Birmingham mint, United Kingdom.[8] |
| Kremnica | mk | Letters "mk" in circle | One rupee coins (KM# 92.2) from 1998 to 2001 were also minted in the Kremnica mint, Slovakia.[9] |
| Mexiko | Mo | °M, letter "M" beneath circle | One rupee coins (KM# 92.2) in 1997 were also minted in the Mexican Mint.[9] |
| Pretoria | M | Letter "M" in oval | One rupee coins (KM# 92.2) from 1998 to 2000 were also minted in the Pretoria mint, South Africa.[9] |
| Royal Mint | • | Small dot | One rupee coins (KM# 79.1) in 1985 were also minted in Royal Mint in Llantrisant, United Kingdom.[8] |
See also
References
- ^ Majumdar, R.C. (ed.) (2007). The Mughul Empire, Mumbai: Bharatiya Vidya Bhavan, ISBN 81-7276-407-1, p.83
- ^ a b "Facts about Indian coinage". mymoneysage.in. Retrieved 29 August 2017.
- ^ a b "History of Indian coins". indianumismatics.wordpress.com. Retrieved 29 August 2017.
- ^ "Interesting Facts about Rupee and Coins". mapsofindia.com. Retrieved 29 August 2017.
- ^ a b "Republic India Coinage". Reserve Bank of India. Retrieved 28 August 2017.
- ^ "Indian coins". Reserve Bank of India. Retrieved 28 August 2017.
- ^ a b "Mint marks". indian-coins.com. Retrieved 28 August 2017.
- ^ a b c "Mint marks (abroad 1)". en.numista.com. Retrieved 28 August 2017.
- ^ a b c d "Mint marks (abroad 2)". en.numista.com. Retrieved 28 August 2017.
