India 1969-B 2 paise
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After independence in 1947-48, the British rupee was withdrawn and replaced by a note. One rupee coins were struck 1952, 1954, 1962, 1964, 1969 but never on a production basis. This type was introduced in aluminum in 1965; this subtype was struck for circulation 1968-71. In 1982, US$1 = 9.3 rupees; today (July 2024), one US dollar = 84 rupees. This denomination was suspended in 1979, inflation having rendered it worthless.
Recorded mintage: 5,335,000 plus 9,147 proofs. Only the proofs have the "B" mintmark.
Specification: 1 g, aluminum, plain edge.
Catalog reference: KM 13.5.
- Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
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