Among Indian Decimal Coins 3 Paise was introduced in the year 1964. Though, we have already discussed about this coin in our earlier post Golden Era Of Aluminium Coins Of Republic India : Part - 1. Nevertheless, we'll have a brief details of this coin once again :
Year Of Issue : 1964-1971
Value : 3 Paisa
Metal : Aluminium (96% Aluminium + 4% Magnesium)
Shape : Hexagonal (Six Sided with Rounded Corners)
Diameter : 21 mm
Thickness : 2 mm
General Description : Hexagonal Shaped Aluminium Coin with Rounded Corners.
Obverse Description :
Ashoka Lion Capitol With Lettering "भारत" & INDIA appearing at either side.
Reverse Description :
Semi Circular Lettering "तीन पैसे" on the top and a bold numeric "3" featuring in the center and at the bottom of it Year of Mintage with Mint Marks.
This was the only coin which had a very shorter span of circulation and the very least variation in its shape, size or design. Just one more variation of this coin was found which had a different Fat Lion Variety. Ashoka Lion Pedestal was more imposed and font styling of "D" in "INDIA" on the obverse was also slightly different. Further, a little bigger Numeric "3" on the reverse side of it was there. All other features like size and weight of the coin remained same.
Perhaps, it was realized later that this denomination was not so rational or necessary, because it was quite easy to transact even without this denomination. Hence, government took a decision to discontinue this coin after 1971. Even though it remained in circulation after 1971 also. On the facts mentioned above we can say this coin has traveled a shortest journey in the Indian economy.
Though, it is an out of vogue currency, but yet its too precious for those who had a love for old coins and currencies and the keen numismatists.
If you liked the post then please do like, subscribe and comment. Your precious comments and suggestions are most humbly solicited.
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| 3 Paise Aluminium Coin 1964 |
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| 3 Paise Aluminium Coin 1971 |
Though, it is an out of vogue currency, but yet its too precious for those who had a love for old coins and currencies and the keen numismatists.
If you liked the post then please do like, subscribe and comment. Your precious comments and suggestions are most humbly solicited.
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