The 2 Paise Coin: A Journey Through Indian Currency

What is a 2 Paise Coin?

The 2 Paise coin is a small but interesting piece of Indian currency. It used to be an everyday coin, but now it’s more of a collector’s item. Picture this: a shiny little disc, just two paise worth, but with a history that packs a punch.

The History of the 2 Paise Coin

The 2 Paise coin has been around since 1957 when it first came into the Indian currency system. Back then, it played a crucial role in everyday transactions. Imagine buying a cup of tea for just a couple of paise! However, as times changed and inflation kicked in, the coin slowly faded from regular use. It's like those old toys you loved as a kid; they may not be popular now, but they hold memories.

Design and Features

The design of the 2 Paise coin is simple yet distinctive. It's typically made of a copper-nickel alloy, giving it a shiny and durable feel. One side showcases the Ashoka Pillar, a symbol of India's heritage. The other side displays the denomination—2 Paise. Holding it in your hand feels like holding a piece of history, a reminder of simpler times.

Collecting 2 Paise Coins

For coin collectors, the 2 Paise coin can be a fascinating treasure. Some coins from specific years, or with unique mint marks, can be quite valuable. Collectors often enjoy hunting for these rare finds, much like treasure hunters searching for hidden gems. The thrill of finding a coin that many overlook can be an exciting challenge. Plus, it’s a way to connect with a slice of India’s economic history.

Where to Find 2 Paise Coins Today

You might wonder where to find these elusive coins today. While they aren’t commonly used in day-to-day transactions anymore, you can often find them in old coin shops, flea markets, or even through online platforms. Sometimes, people have them stashed away in old piggy banks or drawers. Who knows? You might stumble upon one while cleaning out your attic!

The Future of the 2 Paise Coin

What does the future hold for the 2 Paise coin? It seems unlikely that it will return to circulation, given the rise of digital payments. However, it remains an engaging topic for history buffs and collectors alike. It’s like a time capsule that takes you back to when paise coins were essential for everyday shopping and trade.

Conclusion

The 2 Paise coin serves as a fascinating window into India's economic past. Even though it may not play a significant role in today’s currency scene, its charm and history continue to capture the interest of many. Whether you’re a collector or just someone intrigued by history, the story of the 2 Paise coin is worth exploring. So, the next time you come across one, take a moment to appreciate its journey through time.

Old Two Paisa or 2 Paise Coin Value Price List

Two Paisa is also called as Two Naya Paisa. These Paisa are created during the period of the year April 1 1957 to 1979. Indian Government mint 2 paisa coin in the year 1964. It was minted with borne symbol in Mumbai(small dot/diamond). Two paisa coin were demonetized in the year of 1981.

If you're a coin collector or have come across old coins in your possession, you may be curious about their value. One such coin that has garnered interest among collectors is the Old Two Paisa or 2 Paise coin. These coins hold not just historical significance, but also carry a certain charm that makes them a prized possession for many.

The Old Two Paisa or 2 Paise coin was a denomination of the Indian Rupee that was in circulation before India switched to the decimal system in 1957. These coins bear witness to a bygone era and have an intrinsic value beyond their face value.

For those curious about the value of Old Two Paisa or 2 Paise coins, here is a price list to serve as a guide:

- Circulated Coins: Old Two Paisa or 2 Paise coins in circulated condition typically range in value from [price range] depending on factors such as condition, rarity, and demand.

- Uncirculated Coins: If you are fortunate enough to possess an uncirculated Old Two Paisa or 2 Paise coin, its value may range from [price range].

It's important to note that these values are indicative and can fluctuate based on market demand, condition, and rarity. For an accurate assessment of the value of your Old Two Paisa or 2 Paise coins, it is advisable to consult with experienced numismatists or coin dealers.

As with any collectible item, the value of Old Two Paisa or 2 Paise coins is subjective and can vary based on individual preferences and the prevailing market conditions. Whether you are a seasoned collector or someone who has stumbled upon these coins unexpectedly, their worth goes beyond mere monetary value.

In conclusion, the Old Two Paisa or 2 Paise coins hold a special place in the hearts of coin enthusiasts and collectors. Their historical significance, coupled with their allure, makes them a noteworthy addition to any collection. If you have these coins in your possession, take the time to appreciate their unique charm and consider exploring their value with the help of experts in the field.

* Price based on market averages

Old 2 Naya Paisa Coin

Two Naya paise coin was introduced in 1957. Total number of 2 naye paisa were minted in year 1957 to 1964 is about 1826326000. These coins were minted in the alloy of copper - nickel in metallic orientation. The weight of this coin is about 2.95 grams. Its diameter is about 18 mm (0.71 in) and thickness of 1.8 mm (0.071 in). This coin is scalloped with eight small notches and smooth edges. The 2 paise coin is equal to 2/100 of Indian Rupee.

Reverse : Value and Year

2 Naya Paisa coin 1963 image Reverse

Obverse : Ashoka Lion Capital

Two Naya Paisa 1963  Obverse : Ashoka Lion Capital

Two Naya Paisa Main Features

Period : 1957 to 1963

Composition: Copper - Nickel

Value: 2 Paisa (0.02 INR)

Weight : 2.95 Gram

Diameter : 18 mm

Thickness : 1.8 mm

Shape : 8 Scalloped

Year : 1957

Calcutta Price : F: 10 to 12 VF : 15 to 17 XF: 20 to 25 UNC: 30 to 35

Mumbai Price : F: 10 to 12 VF : 15 to 17 XF: 20 to 25 UNC: 30 to 35

Year: 1958

Calcutta : F: 5 to 12 VF : 15 to 17 XF: 20 to 25 UNC: 30 to 40

Mumbai : F 5 to 12 VF :15 to 17 XF: 20 to 25 UNC: 30 to 35

Year: 1959

Calcutta : VF : 15 to 17 XF: 20 to 25 UNC: 30 to 35

Mumbai :VF :15 to 18 XF: 20 to 25 UNC: 30 to 40

Year: 1960

(Rare Coin) Calcutta Price : F : 20 to 25VF : 30 to 35 XF: 55 to 75 UNC: 100 to 125

Mumbai : VF :15 to 20 XF: 21 to 25 UNC: 30 to 40

Two Naye Paise 1961 Coin Value

Year : 1961

Calcutta : VF : 15 to 17 XF: 20 to 25 UNC: 30 to 35

Mumbai :VF :15 to 17 XF: 20 to 25 UNC: 30 to 35

Year : 1962

Calcutta : F: 7 to 9 VF : 10 to 15 XF: 20 to 25 UNC: 30 to 35

Mumbai : F: 7 to 9 VF : 10 to 15 XF: 20 to 25 UNC: 30 to 35

Two paisa 1963 Coin Value

Year : 1963

Calcutta : VF : 12 to 16 XF: 20 to 25 UNC: 30 to 40

Mumbai :VF :12 to 16 XF: 20 to 25 UNC: 30 to 40

Two or 2 Paise Coin 1964 Copper - Nickel

2 Naya Paisa was dropped on 1 June 1964 and denomination was simply called Two paisa. 

Reverse : Value and Year

Obverse : Ashoka Lion Capital

Year : 1964

Composition: Copper - Nickel

Value: 2 Paisa (0.02 INR)

Weight : 2.95 Gram

Diameter : 18 mm

Thickness : 1.8 mm

Shape : 8 Scalloped

Calcutta Price : F: 5 to 7 VF : 10 to 15 XF: 20 to 25 UNC: 30 to 35

Mumbai Price : F: 5 to 7 VF : 10 to 15 XF: 20 to 25 UNC: 30 to 35

2 Paise Coin Value 1965 - 1981 Aluminium - Magnesium

Reverse : Value and Year

Obverse : Ashoka Lion Capital

Period: 1665 - 1981

Composition: Aluminium

Value: 2Paise (0.02 INR)

Weight : 1 Gram

Diameter : 20 mm

Thickness : 1.58 mm

Shape : Square with Round Corner

Year : 1965

Mumbai : F: 10 to 15 VF : 20 to 25 XF: 27 to 30 UNC: 50 to 55

Hyderabad :F: 10 to 15 VF : 20 to 25 XF: 27 to 30 UNC: 50 to 60

Year : 1966

Mumbai : F: 5 to 7 VF : 10 to 12 XF: 15 to 17 UNC: 20 to 30

Calcutta : F: 5 to 7 VF : 10 to 12 XF: 15 to 17 UNC: 20 to 30

Year : 1967

Reverse : Value and Year

Obverse : Ashoka Lion Capital

Mumbai : F: 2 to 5 VF : 7 to 12 XF: 15 to 17 UNC: 20 to 25

Calcutta : F: 2 to 5 VF : 7 to 12 XF: 15 to 17 UNC: 20 to 25

Year : 1968

Reverse : Value and Year

Obverse : Ashoka Lion Capital

Mumbai : F: 2 to 5 VF : 7 to 12 VF :15 to 17 XF: 20 to 22 UNC: 25 to 30

Calcutta : F: 2 to 5 VF : 7 to 12 VF :15 to 17 XF: 20 to 22 UNC: 25 to 30

Year : 1969

Rare Mumbai Price : F: 200 to 250 VF : 300 to 400 XF: 500 to 600 UNC: 1000 to 1250

Year : 1970

Calcutta : F: 2 to 5 VF : 10 to 12 XF: 15 to 17 UNC: 20 to 25

Year : 1971

Reverse : Value and Year

Obverse : Ashoka Lion Capital

Calcutta :F: 5 to 7 VF :10 to 15 XF: 20 to 25 UNC: 25 to 30

Year : 1972

2 paise 1972 coin value

Calcutta : F: 5 to 7 VF : 10 to 15 XF: 15 to 20 UNC: 22 to 25

Hyderabad : F: 5 to 7 VF : 10 to 15 XF: 15 to 20 UNC: 22 to 25

Year : 1973

Reverse : Value and Year

Obverse : Ashoka Lion Capital

Calcutta : F: 5 to 7 VF : 10 to 15 XF: 15 to 20 UNC: 22 to 25

Hyderabad : F: 5 to 7 VF : 10 to 15 XF: 15 to 20 UNC: 22 to 25

Year : 1974

Calcutta : F: 4 to 7 VF : 10 to 15 XF: 16 to 20 UNC: 21 to 25

Hyderabad : F: 4 to 7 VF : 10 to 15 XF: 16 to 20 UNC: 21 to 25

Year : 1975

Calcutta : F: 150 to 200 VF : 250 to 200 XF: 350 to 400 UNC: 550 to 600

Hyderabad : F: 4 to 7 VF : 10 to 15 XF: 16 to 20 UNC: 21 to 25

Year : 1976

Mumbai : F: 4 to 7 VF : 10 to 15 XF: 16 to 20 UNC: 21 to 25

Hyderabad : F: 4 to 7 VF : 10 to 15 XF: 16 to 20 UNC: 21 to 25

Year : 1977

Reverse : Value and Year

Obverse : Ashoka Lion Capital

Mumbai : VF : 10 XF: 15 UNC: 20

Hyderabad Mint : VF :10 XF: 15 UNC: 20

Year : 1978

Mumbai Mint : F: 1 to 5 VF : 10 to 15 XF: 16 to 20 UNC: 21 to 25

Hyderabad Mint : F: 1 to 5 VF : 10 to 15 XF: 16 to 20 UNC: 21 to 25

Year : 1979

Hyderabad Mint : VF :150 XF: 250 UNC: 300

 

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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