Collection of old Indian coins, primarily focusing on different denominations of the Paisa from various years.
Denominations and Years:
The coins visible include 5, 10, 20, and 50 Paise denominations, with years ranging from the late 1980s to early 1990s (e.g., 10 Paise 1989, 20 Paise 1990, 10 Paise 1991).
Composition and Features:
These coins were made from various materials over time, including cupronickel, nickel-brass, aluminum, and stainless steel. They came in different shapes, such as scalloped and round, with varying diameters and thicknesses.
Historical Context:
The 10 Paise coin, a prominent feature in the image, was a former denomination of the Indian Rupee, with 10 Paise equaling 1/10 of a Rupee. The "naya paisa" was introduced after the decimalization of Indian currency in 1957 to differentiate it from the older "paisa".
Demonetization:
Many of these lower denomination coins, including the 10 Paise and 25 Paise coins, were demonetized and are no longer legal tender in India (e.g., the 10 Paise was demonetized in 2011).
Collectibles:
These old coins are now primarily considered collectibles and hold value for numismatists and hobbyists, often sold and traded online.