Old 1 Pice Coin Value and Price List
The 1 Pice horse coin from 1955 is a captivating piece of history that holds significant value for both its age and rarity. As with any collectible item, the value of this coin can vary based on its condition, rarity, and demand in the market. For those who are interested in buying or selling this coin, it's crucial to have an understanding of its potential value and pricing.
One of the most important factors in determining the value of the old 1 Pice horse coin from 1955 is its condition. Coins that are in excellent condition, with minimal wear and clear details, tend to command higher prices in the market. Conversely, coins that show signs of wear and tear may have a lower value to collectors and enthusiasts.
In addition to condition, the rarity of the 1 Pice horse coin from 1955 also plays a significant role in determining its value. Coins with lower mintages or those that are harder to find in good condition are typically more desirable and, therefore, have a higher value.
When it comes to pricing, it's essential to consider the current market demand for this particular coin. Factors such as historical significance, cultural relevance, and collector interest can all influence the price of the 1 Pice horse coin from 1955.
For those who are looking to buy or sell this coin, I highly recommend consulting with reputable coin dealers, numismatic experts, or online marketplaces specializing in collectible coins. Additionally, it's important to stay informed about recent sales and auctions of similar coins to gauge the current market value accurately.
In conclusion, the old 1 Pice horse coin from 1955 holds both historical and collectible value, making it a sought-after item among numismatists. Its value and pricing can fluctuate based on factors such as condition, rarity, and market demand. Whether you're a collector or someone interested in selling this coin, understanding its value and price list is crucial for making informed decisions in the numismatic market.
One pice horse coins were minted by the Indian government during the year 1950 to 1955. These coins were minted in the alloy of Bronze. It is circular in shape. This coin replaced the “Hole coin” that had been in circulation since 1943. The hole in the center of the "washer type" somewhat increased its production cost. Note that the official weight of this coin is 3.88 grams for 1950 coins and the thickness is 1.6 mm. From February 1951 the weight was reduced to 2.92 grams and the thickness to 1.2 mm for the 1951 to 1955. The diameter is the same at 21.33 mm. It is demonetized in the year of January 4 1957. * Price based on market averages |
Reverse: This Reverse of the coin depicts a portrait of a galloping horse with the words 'EaK PICE' in Hindi on the right periphery and the words "ONE PICE" in English on the left periphery. The year is inscribed on the lower periphery. Mint mark is inscribed lower of the year.
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Obverse: This obverse of the coin depicts the lion capital of the Ashoka Pillar surrounded by the words "GOVERNMENT OF INDIA" in English.
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Period: 1950 to 1955 |
Metal: Bronze |
Weight: 1950: 3.88, 1951 to 1955 : 2.92 gram |
Size: 21.33 mm |
Thickness: 1950: 1.6mm 1951 to 1955 : 1.2 mm |
Shape : Circular |
Year : 1950 |
Mumbai Mintage: 3,20,80,000 |
Kolkata Mintage: 1,40,00,000 |
Year : 1951 |
Mumbai Mintage: 10,46,26,000 |
Kolkata Mintage: 12,73,00,000 |
Year: 1952 |
Mumbai Mintage: 21,38,30,000 |
Year: 1953 |
Mumbai Mintage: 24,23,58,000 |
Kolkata Mintage: 11,10,00,000 |
(Old Very Rare Coin) Hyderabad Mint Price : F : 2000 to 2500 VF: 5000 to 6000 Xf: 10,000 to 11,000 UNC: 20,000 to 25,000 |
Year: 1954 |
Mumbai Mintage: 13,67,58,000 |
Mumbai Mintage: 5,26,00,000 |
(Rare Coin) Hyderabad Mint Price : F : 300 to 350 VF: 750 to 800 Xf: 1500 to 1750 UNC: 2500 to 2750 |
Year: 1955 |
Mumbai Mintage: 2,44,23,000 |
(Very Rare Coin) Hyderabad Mint : F : 450 to 750 VF: 1000 to 1250 Xf: 2600 to 3000 UNC: 4000 to 5000 |
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.
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