50 Paise 50th Year of Independence Coin Value Year :1947 to 1997
50 Paise 50th Year of Independence coin were minted by the Indian government during the year 1997. These coins were minted in the alloy of Stainless Steel. It is Round in shape. Note that the official weight of this coin is 3.79 grams and the thickness is 1.45 mm. The diameter is 22mm.
The 50 Paise coin commemorating the 50th year of India's independence is a precious artifact that holds significant historical and monetary value. Minted in the year 1997, this coin celebrates a half-century of India's freedom from colonial rule. With its unique design and historical significance, the 50 Paise coin serves as a cherished memento of India's rich heritage and remarkable journey towards independence.
The coin, bearing the years 1947-1997, symbolizes the nation's resilience and progress over five decades. Its limited mintage and historical importance make it a sought-after collectible among numismatists and history enthusiasts. The coin's intrinsic value, coupled with its historical significance, contributes to its allure and desirability among collectors and individuals passionate about Indian history.
When determining the value of the 50 Paise 50th Year of Independence Coin, factors such as its condition, rarity, and demand play a pivotal role. Collectors often seek well-preserved specimens with clear inscriptions and minimal wear. Coins in pristine condition command a premium in the numismatic market, reflecting their desirability and historical significance.
In the numismatic community, the 50 Paise 50th Year of Independence Coin serves as a tangible link to India's storied past. Its value extends beyond its monetary worth, embodying the spirit of independence and the resilience of a nation. As India continues to progress and evolve, this coin stands as a timeless testament to the enduring legacy of freedom and the remarkable journey of a nation.
Whether as a treasured keepsake or a valuable addition to a numismatic collection, the 50 Paise 50th Year of Independence Coin encapsulates the essence of India's independence and serves as a poignant reminder of the nation's remarkable history and enduring spirit.
50 Paise 50th Year of Independence Coin Detail Information and price
The 50 Paise 50th Year of Independence Coin, issued in 1997 by the Government of India, serves as a significant commemorative item that marks the 50th anniversary of India's independence from British rule, which occurred in 1947. This coin is not only a piece of currency but also a symbol of national pride and historical reflection. It encapsulates a momentous milestone in India's journey toward self-governance and reflects the nation's cultural and historical identity.
Coin Specifications:
The denomination of the coin is 50 Paise, which is equivalent to half a Rupee. It was specifically minted in the year 1997 to celebrate the half-century of independence from 1947 to 1997. The coin is made from stainless steel, a metal known for its durability and resistance to corrosion, ensuring that the coin withstands the test of time. Its specifications include a weight of 2.85 grams, a diameter of 19 mm, and a thickness of 1.54 mm, giving it a compact and easily recognizable circular shape.
Obverse Design:
On the obverse side of the coin, one can find the depiction of the Ashoka Pillar, which is the Lion Capital of Ashoka, an emblem that represents the core values of truth and righteousness in Indian culture. Surrounding this emblem are inscriptions in both Hindi and English, with "भारत" (Bharat) prominently displayed alongside "INDIA." Below the Ashoka Pillar, the denomination "50 Paise" is inscribed, and to the left, there is a security thread-like symbol, which serves as an additional feature enhancing the coin's authenticity and security.
Reverse Design:
Flipping the coin reveals the reverse side, which prominently features the numeral "50." Above this numeral are the words "50 Years of Independence," indicating the occasion for which the coin was minted. The years "1947" and "1997" are elegantly positioned on either side, marking the span of time being celebrated. Additionally, below the numeral, the inscription "स्वतंत्रता के 50 वर्ष" translates to "50 Years of Independence" in Hindi, further emphasizing the historical significance of this coin.
Market Value of the Coin:
The market value of this commemorative 50 Paise coin is influenced by a variety of factors, including its overall condition, rarity in certain conditions, and the level of collector interest. Since the 50 Paise coin has been demonetized and is no longer in active circulation, its value has shifted predominantly to that of a collectible item, whose worth primarily depends on demand within the numismatic community.
Circulated Coins:
Coins that have been actively circulated and used in everyday transactions typically exhibit signs of wear and tear, leading to a reduced market value. For coins in circulated condition, the typical value ranges from ₹10 to ₹30, depending on the extent of damage and usage.
Uncirculated Coins:
In contrast, coins that were never put into circulation and have been preserved in pristine condition tend to command a higher market value. These uncirculated coins are valued in the range of ₹50 to ₹100, with the final price often influenced by the level of interest exhibited by potential collectors.
Proof Set Coins:
Moreover, this coin was also included in specialized proof sets minted by the Government of India. Such proof sets were produced with the intention of catering to collectors and typically come with unique packaging often accompanied by a certificate of authenticity. The typical market value for proof set coins can range from ₹200 to ₹500, subject to market demand and collector interest.
Factors Influencing Value:
Several factors play a crucial role in determining the value of this commemorative coin. The condition of the coin is paramount; those in better condition, especially those classified as uncirculated or proof quality, hold greater value in the eyes of collectors. Additionally, the historical significance of the coin as a commemoration of a pivotal event in India's history contributes to its desirability among numismatists and patriotic collectors, which in turn can impact its market value. While this coin is not exceedingly rare due to its circulation, finding one in uncirculated condition or as part of a proof set is considerably more challenging.
In summary, the market value for this 50 Paise commemorative coin reflects the following ranges: for circulated coins, approximately ₹10 to ₹30; for uncirculated coins, around ₹50 to ₹100; and for proof set coins, between ₹200 to ₹500. The actual transaction price for buying or selling this coin can fluctuate based on its condition and prevailing market trends. Engaging with coin dealers or browsing online auction platforms can yield a clearer understanding of the current market value.
* Price based on market averages
50 Paisa 50th Year of Independence Coin Main Features |
Period : 1997 |
Metal: Stainless Steel |
Weight: 3.79 gram |
Size: 22mm |
Thickness: 1.45mm |
Shape : Round |
Edge : Milled |
Release Date : 16-08-1997 |
Circulation Date : 1997 |
Mumbai Mintage: 1,94,95,000 |
Price : F : 1 to 5 VF : 7 to 9 XF: 10 to 13 UNC: 15 to 25 |
Kolkata Mintage: |
Price : F : 50 to 75 VF : 110 to 125 XF: 150 to 175 UNC: 200 to 250 |
Hyderabad Mintage: |
Price : F : 5 to 10 VF : 15 to 17 XF: 20 to 25 UNC: 30 to 40 |
Noida Mintage: |
Price : F : 1 to 5 VF : 7 to 9 XF: 10 to 13 UNC: 15 to 30 |
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