Actual Value of 50 paise Steel Coin 1988 – 2016

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Actual Value of 50 paise Steel Coin

Size, Shape and Price Value of Fifty (पच्चास) Paise Coin

Welcome once again to the city of coins (coinbazaar88.com), today we will talk about “Fifty Paise” steel coins. Actually, from the year 1957 to 1971, three types of twenty paise coins were minted. In which the first coin was made of Nickel metal, the second coin was made of copper and Nickel metal, and the third was made of Stainless Steel metal. Through this post, we will only talk about the stainless steel coins minted between the years 1988 to 2016 and get complete information about fifty paise steel coins.

This beautiful stainless steel 50 paise coin is very less in circulation today and the lowest value coins in present India are 50 paisa coins and these coins are widely used in everyday transactions with very little or no value. If you have any fifty paise coins and want to sell them, then we have provided you with complete information about where and how to sell them through this post. Along with important information, you will also be able to know today’s actual value of this old coin.

Face Value50 Paisa
Year of Launch1988
MetalStainless Steel
ShapeRound
Weigh2.9 g
Diameter19 mm
Fine Condition Value100 – 1,00,000

All About 50 (पच्चास) Paise Steel Coin

Moving on, let us tell you about the other old coin 50 paise steel coins minted since 1988. The 50 paise Indian steel coin known as “Athanni” is a denomination of the Indian rupee, equal to half of the rupee. On 30 June 2011, the 50 paise coin became the lowest-value coin used in Indian coinage after all types of “paise coins” were discontinued. These coins were discontinued after 2016 and these steel coins were last minted as 50 paise coins.

Minted Place of 50 Paise Steel Coin

These 50 paise coins were minted in all these Indian governments’ mints Bombay, Hyderabad, Noida and Calcutta (present-day Kolkata) mint. Mumbai Mint coins have a mint mark ⧫ (diamond/dot?B or M), Hyderabad Mint have a * (star) mint mark, Noida Mint coins have a mint mark °(small hollow dot) while Kolkata Mint coins have no mint mark.

Design of 50 paise Steel Coin

Made of steel, this old coin 20 paise coin has a round shape with a weight of 2.9 grams, a diameter of 19 mm and thickness 1.5 mm. On one side of these coins, “Satyamev Jayate” is written along with the Ashoka Pillar and on the other side, 50 paise is written in Hindi and English between two beautiful flowers.

Price Value of 50 Paise Steel Coin

In today’s time, these 50 paise steel coins are easily available, that is why these 50 paise coins are not very valuable or rare. Although 50 paise coins have not been officially banned in India, these coins have no value in the market nor are any transactions done with these coins in the markets. But you will be happy to know that among the 50 paise coins, there are some coins which are rare and valuable and today their price can be in lakhs.

NOTE:- If you want to know complete information about all Indian old coins price list then you have come to the right site. We can also discuss about the year of minting, material, size, shape as well as the current date price value of coinsVisit this link and get complete information about all the old coins.

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Actual Value of 50 paise Steel Coin

FAQs – Actual Value of 50 paise Steel Coin

Will 50 paise coins be valid in 2024?

50 paise coin is present as legal tender in India and even for 2024 there is no such notification that 50 paise coin will be discontinued.

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