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Actual Value of Two Paise (दो पैसे) Coins
Welcome once again to the city of coins (coinbazaar88.com), today we will talk about “Two Paise” coins. Through this post, you will get complete information about two paisa coins. Also, if you have any two paise 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
|1965 – 1972
|Aluminum and Magnesium
|Fine Condition Value
|25,000 – 1,50,000
Now let’s talk about another type of 2 paisa coin, this coin was printed between 1965 to 1972 in three different mints of India, Bombay Mint, Hyderabad Mint and Kolkata Mint. These coins had a picture of the Ashoka Pillar on one side and a picture of 2 paise on the other side. These scalloped-shaped coins made of aluminum and magnesium metal weighed 1.15 grams and had a diameter was 17 mm. A total of 32,35,04,000 two paise coins were minted.
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 1,50,000 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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FAQ – Complete Information About Two Paisa Coins
What is the actual value of two paisa coins?
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 Rs 25,000 to Rs 1,50,000 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.