Indian Coins in Rolls?

Discussion in 'World Coins' started by Aslanmia, Feb 18, 2009.

  1. Aslanmia

    Aslanmia Active Member

    Maybe one of our fellow Indian coin collectors can help me with this question...

    I recently purchased a coin lot at auction (very cheap) and included with the auction are 4 small rolls of paisa coins, about 10 coins to a roll.

    Can anyone tell me if they come this way from the mint or did someone just roll them up this way?
     
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  3. spock1k

    spock1k King of Hearts

    pics please 99% they were rolled post mint
     
  4. Aslanmia

    Aslanmia Active Member

    I don't actually have them in hand yet, but here is a pic from the auction.

    If they are possible bank or mint rolled, it would be a shame to break up the roll. However I don't know why a bank or mint would make such a small roll!

    Like you said, mostly likely they were rolled post-mint, but I had to ask just in case. :)
     

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  5. kidromeo

    kidromeo I M LEGEND

    Don't know about early days but from the time I started collecting (1992) coins of every denominations used to come in plastic pouches of 100 from mint. The pouches were part of a bigger plastic bag containing 10 pouches or 1000 coins. Then from 2003 I think the mint, the plastic bag was replaced with a jute sac. The last time I bought mint coins a few months ago, the mint was done away with plastic pouches and issued all 1000 coins loose in those jute sacs. Must have something to do with environmental campaigns and those who wanted to take loose change have to bring something to carry the coins. We get coins from Calcutta Mint so I don't know whether the other mints too use this policy.
    But regarding the rolls Scott, AFAIK no Indian mint or bank issues or issued coins in rolls.
     
  6. spock1k

    spock1k King of Hearts

    ill tell yu what if you dont open it up the paper is going toa ttack your coins indian paer is bad and before 1990 it was the worst. once the thing comes very gently unpack the paper and take pics and then post them here :)
     
  7. spock1k

    spock1k King of Hearts

    be careful next time you open the jute sack kid romeo might jump out instead of the coins that will be really hilarious. the noida and mumbai mints still use plastic i get a bag every month of each denomination ;)
     
  8. Aslanmia

    Aslanmia Active Member

    Will do!

    I don't even know what year they are at this point... the auction just said they were 4 rolls of "aluminum 1 paisa coins".
     
  9. cladking

    cladking Coin Collector

    what date are they
     
  10. kidromeo

    kidromeo I M LEGEND

    From the square shaped rolls its obvious that rolls are of Aluminum 1 Paise, so date would range from anywhere between 1965-81.
     
  11. spock1k

    spock1k King of Hearts

    cool that makes it very easy. circulation 1 paise coins of al3 were made 1965-69 and u want those coins to be 69 ( $5 a pop) . 70 was dist in unc sets and from 70 to 81 it was only in proof sets so it should be fun. and for 69-70 keep an eye out on the lion a variety exists
     
  12. bgarg

    bgarg Senior Member

    None of the Indian mints ever issued any coins in paper rolls. They were always released in bags.

    These coins were minted for Circulation from 1965-72. In 1970, Calcutta mint and in 1971 and 1972, Hyderabad mint issued these coins for circulation.

    From 1973-79, only proof coins were issued from Bombay mint.

    The Lion variety you mentioned is only for 1968 and 1969 dated coins issued by Calcutta mint only. 1968 dated coins were issued with Small Lion and 1969 were issued with Large Lion on reverse.

    Regards,
    Ballabh Garg
     
  13. spock1k

    spock1k King of Hearts

    yup i forgot about 1971 72

    but KM 10.2 was for 69 70 not for 68 69
     
  14. Aslanmia

    Aslanmia Active Member

    Well, I finally received and got an opportunity to take a closer look at the four tiny rolls.

    One roll was partially open (I guess that's how they identified the coins), but the other three were still tightly rolled. I decided remove the coins from the open roll and keep the other three the way they are... for now. :)

    Here are some pics:

    [​IMG]

    [​IMG]

    And, surprise! The coins in the roll I took apart are all 1967 paisas and appear to be uncirculated. The paper doesn't appear to be hurting the coins, and I'm content to leave them in the rolls for the time being.

    [​IMG]
     
  15. kidromeo

    kidromeo I M LEGEND

    Looks like you had a real good deal bud.
    I can't believe that your fingys aren't itching to find if theres any 1969H paisas in the other two rolls.:D
     
  16. spock1k

    spock1k King of Hearts

    nice coins i would take them all out and look to make sure they are the same mintmark date or not. and just becoz the paper hasnt damamged them uptill now doesnt mean it wont in the future
     
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