50 paisa coin of 1954

           
         The 50 paisa coin of 1954 is an nickel coin of diameter 24 mm and weight approx 5gm .On one side "1/2 rupee" is inscribed in hindi instead of fifty paisa and on the other side Government of India is inscribed .A corn sheafis also marked on one side this symbolised a shift in focus to progress and prosperity.

THE 1 PICE OF INDEPENDENT INDIA

     

  
        India brought out its distinctive coins on 15th August, 1950.Introduced on 15th August, 1950 and represented the first coinage of Republic India. The King's Portrait was replaced by the Lion Capital of the Ashoka Pillar. A corn sheaf replaced the Tiger on the one Rupee coin.In September, 1955 that the Indian Coinage Act was amended for the country to adopt a metric system for coinage. The Act came into force with effect from 1 April 1957. The rupee remained unchanged in value and nomenclature. It, divided into 100 'paisa' instead of 16 annas or 64 pice. For public recognition, the new decimal paisa was termed 'Naya Paisa' till 1 June 1964 when the term 'Naya' was dropped.