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India Government Mint, Hyderabad was established in 1803 AD by Mir Akbar Ali Khan Sikander Jah, Asaf Jah III as a private mint and along with other private mints in the country. The mint produced Indian coins in the name of Emperor of India. Initially the mint was situated at Sultan Sahi in Moghalpura suburb of the Hyderabad city.
The India Government Mint (ISO: Bhārata Sarakāra Ṭakasāla) operated four mints in the country for the production of coins: Mumbai, Maharashtra; Kolkata, West Bengal; Hyderabad, Telangana; Noida, Uttar Pradesh [1] The functions of the mint were replaced by the Security Printing and Minting Corporation of India in 2006.
SPMCIL comprises four units of India Government Mint located in the cities of Mumbai, Kolkata, Hyderabad, and Noida. [7] These mints produce circulation coins , commemorative coins, medallions and bullion, as required by the Government of India.
Mint Mark Description Comments Hyderabad ☆ Five-pointed star: Kolkata: No mint-mark: Since this was the first Indian mint, coins minted in Kolkata don't carry a mark. [7] Mumbai ⧫ Diamond • Small dot (solid) B: Letter B below year: M: Letter M below year: On coins minted after 1996. Noida ° Small dot (hollow)
Currently it is the lowest circulating denomination of the Indian rupee. The symbol for paisa is ( ). On 30 June 2011, when the 25 paisa and all other lower denomination coins were officially demonetised , the 50 paise coin became the lowest circulating denomination of the Indian rupee.
The Indian One Paisa coin (Hindi: पैसा) is a former denomination of the Indian Rupee. The 1 coin equals 1 ⁄ 100 (one-hundredth) of the Indian Rupee. The symbol for paisa is (). In 1955, India adopted metric system for coinage and amended the "Indian Coinage Act". Subsequently, one paisa coins were introduced on 1 April 1957.
The 25 coin, popularly called Chawanni is a former denomination of the Indian rupee. The 25 paisa coin was worth 1 ⁄ 4 of a rupee (1 rupee = 100 paise). Introduction and Demonetization
The Indian 10 coin is a former denomination of the Indian rupee. The 10 Paise coin equals 1 ⁄ 10 of a rupee. The last issue, minted in stainless steel, was first introduced into circulation in 1988. [1] Various 10 paisa coins.