The Indian Three paise ( hi, तीन पैसे) (singular: ''Paisa''), is a former denomination of the

Indian Rupee The Indian rupee ( symbol: ₹; code: INR) is the official currency in the republic of India. The rupee is subdivided into 100 ''paise'' (singular: ''paisa''), though as of 2022, coins of denomination of 1 rupee are the lowest value in use wh ...

. The 3

coin equals of the Indian Rupee. The symbol for paisa is ( Indian Paisa symbol

History

Prior to 1957,

Indian rupee The Indian rupee ( symbol: ₹; code: INR) is the official currency in the republic of India. The rupee is subdivided into 100 ''paise'' (singular: ''paisa''), though as of 2022, coins of denomination of 1 rupee are the lowest value in use wh ...

was not

decimalised Decimalisation or decimalization (see spelling differences) is the conversion of a system of currency or of weights and measures to units related by powers of 10. Most countries have decimalised their currencies, converting them from non-decimal ...

and the rupee from 1835 to 1957 AD was further divided into 16

annas Annas (also Ananus or Ananias;Goodman, Martin, "Rome & Jerusalem", Penguin Books, p.12 (2007) , ; grc-x-koine, Ἅννας, ; 23/22 BC – death date unknown, probably around AD 40) was appointed by the Roman legate Quirinius as the first High ...

. Each anna was further divided to four

Indian pice Paisa (also transliterated as ''pice'', ''pesa'', ''poysha'', ''poisha'' and ''baisa'') is a monetary unit in several countries. The word is also a generalised idiom for money and wealth. In India, Nepal, and Pakistan, the ''Paisa'' currently equa ...

s and each pice into three

Indian pie A pie (abbreviated as Ps) was a unit of currency in India, Burma and Pakistan until 1947. It was the smallest currency unit, equal to of a paisa, of an anna or of a rupee. During the mid-nineteenth century, one pie was worth 12 cowry. Mintin ...

s till 1947 when the pie was demonetized. In 1955, India amended the "

Indian Coinage Act {{Infobox legislation , short_title = THE INDIAN COINAGE ACT, 1906 , legislature = Parliament of India , image = , imagesize = 150 , imagealt = , caption = , lon ...

" to adopt the metric system for coinage. Paisa coins were introduced in 1957, but from 1957 to 1964 the coin was called "Naya Paisa" (English: ''New Paisa''). On 1 June 1964, the term "Naya" was dropped and the denomination was simply called "One paisa". Paisa coins were issued as a part of "The Decimal Series".

Mintage

Three paise coins were minted from 1964 to 1971 at the

India Government mint The India Government Mint operates four mints in the country for the production of coins: * Mumbai, Maharashtra * Kolkata, West Bengal * Hyderabad, Telangana * Noida, Uttar Pradesh History Under The Coinage Act, 1906, the Government of Indi ...

Bombay Mumbai (, ; also known as Bombay — the official name until 1995) is the capital city of the Indian state of Maharashtra and the ''de facto'' financial centre of India. According to the United Nations, as of 2018, Mumbai is the second- ...

(present day Mumbai) and

Calcutta Kolkata (, or , ; also known as Calcutta , List of renamed places in India#West Bengal, the official name until 2001) is the Capital city, capital of the Indian States and union territories of India, state of West Bengal, on the eastern ba ...

(present day Kolkata). Coins borne ⧫ (small dot/diamond) symbol for Mumbai and no mint mark for Kolkata mint. Three paise coins have been

demonetized Legal tender is a form of money that Standard of deferred payment, courts of law are required to recognize as satisfactory payment for any monetary debt. Each jurisdiction determines what is legal tender, but essentially it is anything which wh ...

Total mintage

Total 1,612,704,568 coins were minted from 1964 to 1971.

Composition

Three paise coins were minted from

aluminium Aluminium (aluminum in American and Canadian English) is a chemical element with the symbol Al and atomic number 13. Aluminium has a density lower than those of other common metals, at approximately one third that of steel. I ...

in medallic alignment. Coins weighed 1.25 grams, had a diameter of and thickness of . Three paise coins were hexagonal shaped and had smooth edge.

Variants

References