The Journey of the 5 Paise Coin: A Piece of Indian History
The 5 Paise coin may seem small and insignificant today, but it holds a rich history that shapes the Indian economy and community. Let’s explore its story, design, and how it reflects a unique era in India.
A Glimpse into the History of the 5 Paise Coin
The 5 Paise coin was introduced during India’s post-independence era, a time when the nation was building its identity. This coin first appeared in 1957 as part of the Decimal System of currency, marking a shift from the earlier rupee system. It wasn't just a coin; it represented hope and a new beginning for many Indians.
Design and Features: More than Just Metal
The 5 Paise coin has a distinctive look. Made primarily of copper and nickel, its design closely mirrors India’s cultural diversity. One side typically showcases the national emblem, while the other features the denomination. This dual design isn’t just for show; it symbolizes unity and strength within diversity. The coin's size makes it easy to carry, and its weight brings back nostalgic memories for many who grew up using it.
The Role of the 5 Paise Coin in Everyday Transactions
Can you imagine buying a candy or a small snack for just 5 Paise? In the late 20th century, this coin was a regular part of everyday transactions. While it might not buy much today, it played a vital role in the economy back then. It made things affordable and accessible for everyone, especially in small local markets where cash transactions ruled the day.
Collectors and the 5 Paise Coin: A Hidden Treasure
Believe it or not, the 5 Paise coin has become a collector's item. For coin enthusiasts, this small piece of metal is a treasure trove. Some rare editions command high prices due to their historical significance. Collecting these coins can feel like a treasure hunt, where every find holds a story of its own. Each coin connects to an era, making it a fascinating piece of history that many are eager to uncover.
The Future of the 5 Paise Coin: Is It Still Relevant?
With digital payments becoming the norm, the future of the 5 Paise coin seems uncertain. Yet, it reminds us of a simpler time when things were tangible and straightforward. Even though it’s no longer in regular circulation, its memories linger on. Isn’t it fascinating how even a small coin can evoke such powerful emotions?
Conclusion: More Than Just a Coin
The 5 Paise coin is more than just a part of India’s currency; it’s a symbol of history, culture, and community. Its journey reflects the evolution of an economy and the stories of countless individuals who used it. Though it may fade into the background, its impact on everyday life is undeniable. So, the next time you hear about the 5 Paise coin, remember the rich stories tied to it and the memories it carries.
Old 5 Paise Coin Value or Five Paisa in India Price
One of the former denomination of Indian Rupee is 5 paise. It is Equal to 1/20 of Indian Rupee. In 1957 5 Naya Paisa coins were introduced. The term Naya was dropped the denomination is called as paise. These five paise coins were minted from 1964 to 1984.
* Price based on market averages
The history of the 5 paise coin is quite fascinating. It was first introduced in 1964 and was in circulation until 2011 when it was demonetized. The coin featured the bust of Lion Capital of Ashoka on one side and the denomination value on the other. Over the years, due to inflation and the phasing out of the coin, its value and demand have increased among collectors.
Many people are curious about the current value of the old 5 paise coin in today's market. The value of these coins varies depending on their condition, rarity, and demand among collectors. Some old 5 paise coins can be worth a few rupees, while rarer pieces in good condition can fetch higher prices.
Collectors and numismatists often seek out these coins to add to their collections, driving up the value of the more unique and well-preserved pieces. Online marketplaces and coin collectors' forums are great places to gauge the current value and demand for old 5 paise coins.
If you happen to stumble upon any old 5 paise coins, it's worth considering their value before discarding them. Who knows, you might have a rare piece in your possession that could fetch a good price in the market.
The old 5 paise coin may no longer be in circulation, but its legacy lives on through the collectors community. It's a small piece of history that continues to intrigue and fascinate many.
5 Naya Paisa |
Five Naya paise coins were minted by Indian government during the year of 1957 to 1963. It is minted in the Mumbai. Total amount of coin minted were 4,294,967,295. These coin were minted in the alloy of copper - nickel. Its weight is about 4.0 grams, diameter is about 22mm and thickness is about 1.67mm. These coins have are minted in quadrangular shape and smooth edge. |
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Reverse : Value and Year
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Obverse : Ashoka Lion Capital
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Period : 1957 to 1963 |
Composition: Copper - Nickel. |
Value: 5 Paisa (0.05 INR) |
Weight : 4.0 grams |
Diameter : 22mm |
Thickness : 1.67mm |
Shape : Quadrangular |
Year : 1957 |
Calcutta Mint Price : F: 20 to 25 VF : 35 to 45 XF: 50 to 60 UNC: 70 to 90 |
Mumbai Mintage : 22,72,10,000 |
Mumbai Mint Price: F: 15 to 20 VF : 25 to 30 XF: 40 to 45 UNC: 50 to 60 |
Year : 1958 |
Calcutta Mint : F: 5 to 10 VF : 11 to 15 XF: 20 to 25 UNC: 30 to 35 |
Mumbai Mint : F: 5 to 10 VF : 11 to 15 XF: 20 to 25 UNC: 30 to 35 |
Year : 1959 |
Calcutta Mint : VF : 15 to 17 XF: 20 to 25 UNC: 30 to 35 |
Mumbai Mint : VF : 15 to 17 XF: 20 to 25 UNC: 30 to 35 |
Year : 1960 |
Calcutta Mint : VF : 15 to 18 XF: 20 to 25 UNC: 30 to 35 |
Mumbai Mint : VF : 15 to 18 XF: 20 to 25 UNC: 30 to 35 |
Year : 1961 |
Calcutta Mint : VF : 12 to 18 XF: 20 to 25 UNC: 30 to 35 |
Mumbai VF : : VF : 12 to 18 XF: 20 to 25 UNC: 30 to 35 |
Year : 1962 |
Calcutta VF : Price : F: 3 to 10 VF : 15 to 17 XF: 20 to 25 UNC: 30 to 35 |
Mumbai VF : Price : F: 5 to 10 VF : 15 to 17 XF: 20 to 25 UNC: 30 to 35 |
Year : 1963 |
Calcutta VF : : F: 3 to 10 VF : 11 to 15 XF: 20 to 25 UNC: 30 to 35 |
Mumbai VF : :F: 3 to 10 VF : 11 to 15 XF: 20 to 25 UNC: 30 to 35 |
Old Five or 5 Paisa Coins in India |
Five Paisa coins were minted by Indian government during the year of 1961 to 1984. Total Number of coins minted were 4,924,011,110. During the year of 1964-1966 these coins were minted in the alloy of copper Nickel. In the year of 1967-1984 5 paisa coins were minted in the alloy of aluminum. Five coins were minted in the form of Aluminum-magnesium in the year of 1984-1994. |
Period : 1964 to 1966 |
Composition: Copper - Nickel. |
Value: 5 Paisa (0.05 INR) |
Weight : 4.0 grams |
Diameter : 22mm |
Thickness : 2.2mm |
Shape : Quadrangular |
Year : 1964 |
Calcutta VF : 1 to 2 : F: 5 to 10 VF : 15 to 17 XF: 20 to 25 UNC: 30 to 40 |
Mumbai VF : 1 to 5 : F: 7 to 15 VF : 17 to 22 XF: 25 UNC: 50 to 60 |
Hyderabad VF : 5 to :10 F: 30 to 40 VF : 60 to 70 XF: 90 to 100 UNC: 120 to 140 |
Year : 1965 |
Calcutta VF : F: 5 to 10 VF : 15 to 17 XF: 20 to 25 UNC: 27 to 35 |
Mumbai VF : F: 5 to 10 VF : 15 to 17 XF: 20 to 25 UNC: 27 to 32 |
(Old Rare 5 paise coin) Hyderabad VF : : VF : 350 to 400 XF: 550 to 600 UNC: 800 to 900 |
Year : 1966 |
(Rare coin) Calcutta F: 100 to 125 VF : 150 to 175 XF: 200 to 225 UNC: 250 to 275 |
(Rare coin) Mumbai F : 200 : VF : 250 XF: 350 UNC: 550 |
Cost of 5 Paisa Coins 1967 to 1984 |
Obverse : Ashoka Lion Capital |
Reverse : Value and Year |
Period : 1967 to 1971 |
Composition: Aluminum |
5 paise in rupees : (0.05 Indian Rupee) |
Weight : 1.5 grams |
Diameter : 22mm |
Thickness : 2.2 mm |
Shape : Quadrangular |
Year : 1967 |
Calcutta F : 5 to 10 VF : 15 to 17 XF: 20 to 22 UNC: 25 to 30 |
Mumbai F : 5 to 10 VF : 15 to 17 XF: 20 to 22 UNC: 25 to 30 |
Hyderabad F : 10 to 15 VF : 20 to 25 XF: 30 to 40 UNC: 60 to 75 |
Year: 1968 |
Reverse : Value and Year |
Obverse : Ashoka Lion Capital |
Calcutta F : 5 to 7 VF : 15 to 17 XF: 20 to 22 UNC: 25 to 30 |
Mumbai F : 5 to 7 VF : 15 XF: 20 UNC: 25 |
Hyderabad F : 5 to 7 VF : VF : 15 XF: 20 UNC: 25 |
Year : 1969 |
(Rare ) Mumbai VF : : VF : 150 XF: 200 UNC: 250 |
Year : 1970 |
5 Paise 1970 coin Price |
Mumbai VF : : VF : 30 XF: 60 UNC: 90 |
Calcutta VF : : VF : 30 XF: 60 UNC: 90 |
Hyderabad VF : : VF : 30 XF: 60 UNC: 90 |
Year : 1971 |
Mumbai VF : : VF : 15 XF: 20 UNC: 25 |
Calcutta VF : : VF : 15 XF: 20 UNC: 25 |
Hyderabad VF : : VF : 15 XF: 20 UNC: 25 |
Cost of 5 Paise Old Coins in India 1972 to 1984 |
Period : 1972 to 1984 |
Composition: Aluminum |
Value: 5Paise (0.05 INR) |
Weight : 1.53 grams |
Diameter : 22mm |
Thickness : 2.0 mm |
Shape : Square |
Year : 1972 |
5 paise coin value |
Calcutta F :1 to 5 : VF : 10 to 15 XF: 20 to 22 UNC: 25 to 30 |
Mumbai F :1 to 5 : VF : 10 to 15 XF: 20 to 22 UNC: 25 to 30 |
Hyderabad F :1 to 5 : VF : 10 to 15 XF: 20 to 22 UNC: 25 to 30 |
Year : 1973 |
Calcutta F :1 to 5 : VF : 10 to 15 XF: 20 to 22 UNC: 25 to 30 |
Mumbai F :1 to 5 : VF : 10 to 15 XF: 20 to 22 UNC: 25 to 30 |
Hyderabad F :1 to 5 : VF : 10 to 15 XF: 20 to 22 UNC: 25 to 30 |
Year: 1974 |
Calcutta V : 5 to 7 : VF : 15 XF: 20 UNC: 25 |
Mumbai V : 5 to 7 : VF : 15 XF: 20 UNC: 25 |
Hyderabad V : 5 to 7 : VF : 15 XF: 20 UNC: 25 |
Year : 1975 |
Old 5Paise Coin Price |
(Rare) Calcutta V : 75 to 100 : VF : 125 XF: 250 UNC: 550 |
Mumbai V : 5 to 10 : VF : 15 to 17 XF: 20 to 25 UNC: 30 to 35 |
Hyderabad V : 5 to 10 : VF : 15 to 17 XF: 20 to 25 UNC: 30 to 35 |
Year : 1976 |
Calcutta VF : : VF : 15 XF: 20 UNC: 25 |
Mumbai VF : : VF : 15 XF: 20 UNC: 25 |
Hyderabad VF : :VF : 20 XF: 25 UNC: 30 |
Year : 1977 |
Calcutta VF : : VF : 15 XF: 20 UNC: 25 |
Mumbai VF : : VF : 15 XF: 20 UNC: 25 |
Hyderabad VF : :VF : 15 XF: 20 UNC: 25 |
Year : 1978 |
Calcutta VF : : VF : 15 XF: 20 UNC: 25 |
Mumbai VF : : VF : 15 XF: 20 UNC: 25 |
Hyderabad VF : :VF : 15 XF: 20 UNC: 25 |
Year : 1979 |
Mumbai VF : : VF : 20 XF: 25 UNC: 30 |
Hyderabad VF : :VF : 20 XF: 25 UNC: 30 |
Five Paisa coin 1980 |
Year : 1980 |
Calcutta VF : : VF : 125 XF: 225 UNC: 350 |
Mumbai V : 5 to 10 : VF : 12 to 15 XF: 17 to 20 UNC: 25 to 30 |
Hyderabad V : 5 to 10 : VF : 12 to 15 XF: 17 to 20 UNC: 25 to 30 |
Year : 1981 |
Calcutta V : 5 to 10 : VF : 12 to 15 XF: 17 to 20 UNC: 25 to 30 |
Hyderabad V : 5 to 10 : VF : 12 to 15 XF: 17 to 20 UNC: 25 to 30 |
Year : 1982 |
Calcutta VF : : VF : 15 XF: 20 UNC: 25 |
Mumbai VF : : VF : 15 XF: 20 UNC: 25 |
Hyderabad VF : :VF : 15 XF: 20 UNC: 25 |
Year : 1983 |
Calcutta VF : : VF : 20 XF: 30 UNC: 60 |
Hyderabad VF : :VF : 15 XF: 20 UNC: 25 |
Year : 1984 |
Calcutta VF : : VF : 15 XF: 20 UNC: 25 |
Hyderabad VF : :VF : 15 XF: 20 UNC: 25 |
Five or 5 Paise 1984 to 1994 Aluminum-magnesium |
Period : 1984 |
Composition: Aluminum-magnesium |
Value: 5 Paisa (0.05 INR) |
Weight : 1.5 grams |
Diameter : 22mm |
Thickness : 2.2 mm |
Shape : Quadrangular |
Year: 1984 |
Reverse : Value and Year |
Obverse : Ashoka Lion Capital |
(Rare) Calcutta VF : : VF : 1500 XF: 2500 UNC: 4000 |
Five Paisa coin 1984 to 1994 Price |
Reverse : Value and Year |
Obverse : Ashoka Lion Capital |
Period : 1984 - 1994 |
Composition: Aluminum-magnesium |
Value: 5 Paisa (0.05 INR) |
Weight : 1 grams |
Diameter : 22mm |
Thickness : 2.2 mm |
Shape : Quadrangular |
Year : 1985 |
Calcutta VF : : VF : 15 XF: 20 UNC: 30 |
Hyderabad VF : : VF : 15 XF: 20 UNC: 30 |
Year: 1986 |
Reverse : Value and Year |
Obverse : Ashoka Lion Capital |
Year : 1986 |
5paisa coin |
Calcutta VF : : VF : 15 XF: 20 UNC: 30 |
Hyderabad VF : : VF : 15 XF: 20 UNC: 30 |
Year : 1987 |
Calcutta VF : : VF : 15 XF: 20 UNC: 30 |
Hyderabad VF : :VF : 15 XF: 20 UNC: 30 |
Year : 1988 |
Calcutta VF : : VF : 15 XF: 20 UNC: 30 |
Hyderabad VF : : VF : 15 XF: 20 UNC: 30 |
Year : 1989 |
Calcutta VF : : VF : 15 XF: 20 UNC: 30 |
Hyderabad VF : : VF : 15 XF: 20 UNC: 30 |
Year : 1990 |
Calcutta VF : : VF : 15 XF: 20 UNC: 30 |
Mumbai VF : : VF : 20 XF: 30 UNC: 50 |
Hyderabad VF : : VF : 15 XF: 20 UNC: 30 |
Five paisa coin |
Year : 1991 |
Calcutta VF : : VF : 15 XF: 20 UNC: 30 |
Hyderabad VF : : VF : 15 XF: 20 UNC: 30 |
Year : 1992 |
Mumbai F : 15 to 17 VF : 20 to 25 XF: 30 to 35 UNC: 50 to 60 |
Hyderabad F :10 to 12 VF : 15 to 20 XF: 21 to 25 UNC: 30 to 40 |
Year : 1993 |
Calcutta F :10 to 12 : VF : 15 to 20 XF: 25 to 30 UNC: 40 to 50 |
Hyderabad F :10 to 12 : VF : 15 to 20 XF: 25 to 30 UNC: 40 to 50 |
Year : 1994 |
Hyderabad F :10 to 12 : VF : 15 to 20 XF: 21 to 25 UNC: 30 to 35 |
Note: This blog post is for informational purposes only and does not constitute financial or investment advice. Always do thorough research and consult with professionals before making any financial decisions.