5 Naye Paise

Features

Issuer	India
Period	Republic (1950-date)
Type	Standard circulation coins
Years	1957-1963
Value	5 Paise (0.05 INR)
Currency	Rupee (decimalized, 1957-date)
Composition	Copper-nickel
Weight	4.05 g
Size	22 mm
Thickness	1.67 mm
Shape	Square with rounded corners
Technique	Milled
Orientation	Medal alignment ↑↑
Demonetized	Yes
Number	N# 1624
References	KM# 16 Standard Catalog of World Coins (86 volumes).

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Obverse

Ashoka Lion Capital

Scripts: Devanagari, Latin

Lettering: भारत INDIA

Reverse

Denomination, date below
"Rupye Ka Beeswa Bhaag" (twentieth of a rupee), "Naye Paise" (new paise) in Devanagari

NOTE: Different mintmarks
♦ (small dot/diamond) = Mumbai
(no mintmark) = Calcutta
* (five-pointed star) = Hyderabad
⟐ (incuse dot in diamond = Hyderabad)

Script: Devanagari

Lettering:
रुपये का बीसवाँ भाग
5 नये पैसे 1962

Edge

Plain

Mints

	Kolkata / Calcutta / Murshidabad, India (1757-date)
*	Hyderabad, India (1803-date)
♦	Mumbai / Bombay, India (1829-date)
⟐	Hyderabad, India (1803-date)

Present in sets

1960 India Proof Set

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Date	Mintage	VG	F	VF	XF	AU	UNC		Frequency
Undetermined
1957		$ 0.20	$ 0.30	$ 0.58	$ 0.58	$ 0.74	$ 1.00		21%
1957 ♦	227 210 000	$ 0.45	$ 0.45	$ 0.45	$ 0.45	$ 0.45	$ 0.66		30%
1958			$ 0.19	$ 0.19	$ 1.10	$ 1.20	$ 1.50		8%
1958 ♦	214 320 000		$ 0.33	$ 0.55	$ 0.65	$ 0.72	$ 0.82		12%
1959				$ 0.68					5%
1959 ♦	137 105 000	$ 0.06	$ 0.14	$ 0.29	$ 0.55	$ 0.55	$ 1.30		15%
1960			$ 0.31	$ 0.58	$ 0.59				6%
1960 ♦	93 345 000	$ 0.12	$ 0.28	$ 0.66	$ 0.66	$ 0.83	$ 1.10		10%
1960 ♦								Proof	0.4%
1960 ⟐									1.7%
1961				$ 0.23	$ 0.53				7%
1961 ♦	197 620 000	$ 0.26	$ 0.28	$ 0.44	$ 0.44	$ 0.49	$ 0.70		15%
1961 ♦								Proof	0.4%
1961 ⟐					$ 1.00				2%
1962		$ 0.37	$ 0.37	$ 0.37	$ 0.37	$ 0.37	$ 2.00		13%
1962 ♦	224 277 000	$ 0.35	$ 0.35	$ 0.35	$ 0.37	$ 0.58	$ 1.30		18%
1962 ♦							$ 130	Proof	0.7%
1962 ⟐				$ 0.10					3%
1963				$ 0.14	$ 0.33	$ 0.60	$ 1.50		7%
1963 *			$ 0.18	$ 0.18					4%
1963 ♦	332 600 000	$ 0.16	$ 0.20	$ 0.34	$ 0.58	$ 0.62	$ 0.71		19%
1963 ♦								Proof	0.5%

Values in the table above are expressed in USD. They are based on evaluations by Numista users and sales realized on Internet platforms. They serve as an indication only; they are not intended to be relied upon for buying, selling or exchanging. Numista does not buy or sell coins or banknotes.

Frequencies show the percentage of Numista users who own each year or variety among all the users who own this coin. Since some users own several versions, the sum may be greater than 100%.

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Numista Rarity index: 5 Search tips

This index is based on the data of Numista members collections. It ranges from 0 to 100, 0 meaning a very common coin or banknote and 100 meaning a rare coin or banknote among Numista members.

Examples of the type

Picture 1 of the example of 5 Naye Paise

Picture 2 of the example of 5 Naye Paise

Picture 3 of the example of 5 Naye Paise

There is an error - a raised section is punched upward in the curve of the "5" on the denomination.

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Past sales

Pictures	Sale	Date	Version	Grade	Sold price
	Heritage Auctions The Hamilton Collection of British India Coins Internet Auction 271921 Lot 38431	2 Jun 2019	1960 ♦ – Proof	UNC (PCGS PR62)	USD 132.00 (incl. buyer's premium)
© Heritage Auctions
	Heritage Auctions Wednesday & Thursday World & Ancient Coins Select Auction 232248 Lot 61522	24 Nov 2022	1962 ♦ – Proof	UNC (NGC PR64)	USD 119.00 (incl. buyer's premium)
© Heritage Auctions