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All About Two Paise Coin
Welcome once again to the city of coins (coinbazaar88.com), today we will talk about “Two Paisa” coins. Through this post, you will get complete information about two paisa coins. Also, if you have any two paisa coins and want to sell them, then we have provided you 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.
The Indian two paisa coin was a former denomination of the Indian rupee. Whose 1 coin was equal to 1⁄50 of the Indian rupee. Decimalization was not done in India till 1957 and between 1835 and 1957 AD the rupee was divided into 16 annas. But in 1955, the “Indian Coinage Act” was amended to regulate coinage in India and the metric system was adopted, after which one paisa coins were issued on 1 April 1957.
From 1957 to 1964, the paisa coin was called “naya paisa”. But on 1 June 1964 the word “naya” was dropped from use and the denomination began to be called simply “paisa”. The paisa coins were issued as a part of “The Decimal Series”.
|Year of Launch
|Copper and Nickel
|Fine Condition Value
|25,000 – 2,50,000
The 2 paise coins minted in 1964 were minted only at the Government of India’s Bombay (present-day Mumbai) mint and bore the mint symbol ⧫ (diamond). These coins had a picture of the Ashoka Pillar on one side and a picture of 2 paise on the other side. Made of copper and nickel, these scalloped-shaped coins weighed 2.95 grams and were 18 mm in diameter. These coins were discontinued in 1979. A total of 32,35,04,000 two paise coins were minted in 1964.
2 paisa coins were used between 1957 and 1979 but the 2 paisa coin was in circulation before 1964 as 2 naya paisa, which later replaced the paisa. These 2 paise coins are very rare and valuable today. Due to their rarity, these coins are in great demand among coin collectors. If these coins are available and in good condition then you can get up to Rs 25,000 to Rs 2,50,000 for them, but if your coins are in good condition then you can get lakhs of rupees for them. The value of these coins also depends on which year and from which Indian mint these coins were issued.
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FAQs – Complete Information About Two Paisa Coin
How can I sell my two paisa coins?
If you have old two paisa coins and you are ready to sell them, then congratulations, you are going to become a rich person soon. You can earn a huge amount of money by selling your two paisa coins online or offline. Because there are many options available today like coin dealers, auction houses, e-commerce companies, and coin collectors etc. who will buy your old and precious coins and give you good money.