Indian 1 Rupee
1950-Present • India • ₹1
About This Coin
The Indian 1 Rupee has evolved from silver to nickel-brass, featuring the Ashoka Lion Capital on one side and various designs on the reverse, including the denomination in multiple Indian languages.
Specifications
Composition
Ferritic Stainless Steel (current); varied historically
Weight
3.76 grams
Diameter
25 mm
Edge
Plain
Designer
India Government Mint
Mintage
Billions annually
Estimated Values by Condition
| Condition | Estimated Value |
|---|---|
| Poor (P) | $0.01 |
| Good (G) | $0.02 |
| Fine (F) | $0.05 |
| Very Fine (VF) | $0.10 |
| Extremely Fine (EF/XF) | $0.25 |
| Uncirculated (MS) | $1-5 (early issues $10-50) |
* Values are estimates based on market data and may vary significantly based on specific condition, mint mark, and market demand.
Identification Tips
Look for the Ashoka Lion Capital on the obverse (India's national emblem - four lions standing back to back). The reverse shows the denomination in English and Hindi with the year. Early issues (1950s-60s) were nickel and are more valuable. Modern coins are stainless steel and magnetic.
Historical Context
After independence in 1947, India decimalized its currency in 1957. The 1 Rupee has been struck in various metals: nickel (1950-1964), cupro-nickel (1964-1991), stainless steel (1992-present). The design has remained consistent with the Ashoka pillar, a symbol from Emperor Ashoka's reign (268-232 BCE).
Notable Varieties
- 1950-1954 Nickel (without "INDIA")
- 1962 Mumbai Mint proof
- 1985 Indira Gandhi commemorative
- 2007 Braille feature
- 2011 New design
Frequently Asked Questions
Which Indian 1 Rupee is most valuable?
The 1950-1954 nickel 1 Rupee coins are most valuable, especially the 1950 proof which can fetch $100-500. The 1954 Mumbai mint is also rare. Modern commemoratives like the 2010 Commonwealth Games can be worth $5-20.
How can I tell old vs new 1 Rupee coins?
Pre-1992 coins are not magnetic (nickel or cupro-nickel). Post-1992 coins are stainless steel and magnetic. Weight also differs: old coins are heavier. The design details are sharper on older coins.
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Quick Info
Category
world
Country
India
Years Minted
1950-Present
Face Value
₹1