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Lot No.571
AUC34
Republic of India
Auction Date: 10-08-2019
Nickle Brass
1967, 20 paisa, pattern nickel brass, Bombay mint, 4.6g, plain edge, 22mm. Obv: Lion capital of Ashoka pillar. Rev: Larger denomination, date and diamond mint mark below.
Graded as SP62 by PCGS, Extremely rare.
The 20 paisa coin was first introduced in Indian coinage on 23rd December 1968. As this was being introduced, a 20 paisa pattern coin was struck in the year 1967 by Bombay mint. However the pattern was apparently rejected to give way to the coin with Lotus design. In the year 1967 there was a thought process that the coins of India should carry the designs of National flower, National fruit, National bird and National animal on the reserve of 20 paisa, 25 paisa, 50 paisa and one rupee coins. However this proposal was dropped and only 20 paisa lotus coin was put into circulation from 1968 to 1971.
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Estimated Price :
Rs. 4,00,000-5,00,000
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