India 1971-B paisa

from the MOuntain Groan Collection

After independence in 1947-48, the British rupee was withdrawn and replaced by a note.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 struck for circulation in India 1965-81. The circulaton figure given below includes production from Hyderabad. In 1982, US$1 = 9.3 rupees; today (July 2022), one US dollar = 79 rupees. This denomination was suspended in 1981, inflation having rendered it worthless.

Recorded mintage: 4,375 proofs plus 112,100,000 struck for circulation without mintmark.

Specification: 0.75 g, aluminum, 14.67 mm diameter.

Catalog reference: KM-10.1.

Source:

• Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.

Link to:

• 1970-B 5 paise
• 1970 rupee
• 1970-♦ 10 rupees
• 1971-♦ 20 paise F.A.O.
• 1971-♦ 10 rupees F.A.O.
• 1972-B 25 paise
• 1972-B rupee
• 1973-B 2 paise
• 1973-♦ 50 paise F.A.O.
• 1973-♦ 20 rupees F.A.O.
• Coins and currency dated 1971