Stamp with face value of 1 annu and 3 shares
1 ⁄ 12 anna coin or 1 share
Pai is the smallest monetary unit in India, equal to ⅓ paise , 1 ⁄ 12 anna or 1 ⁄ 192 rupees [1] [2] .
Pye had his designation " Ps ". On coins of British India with a face value of 1 share 1 ⁄ 12 annas were indicated [3] . After India gained independence, the existence of this currency became irrelevant. The depreciation of the rupee deprived the unit of any purchasing power. The last coin with a face value of 1 ⁄ 12 anna or 1 share was minted in 1942 [3] .
Pakistan, after independence in 1947 and the introduction of the Pakistani rupee in 1948, issued bronze coins in 1 share in 1951-1957.
Notes
- ↑ Zvarich, 1980 , Indian Rupee .
- ↑ Cuhaj, 2012 , p. 1107.
- ↑ 1 2 Cuhaj, 2012 , p. 1108.
Literature
- Zvarich V.V. Numismatic Dictionary . - 4th ed .. - Lviv: Higher school, 1980.
- Cuhaj GS India British // 2013 Standard Catalog of World Coins 1901-2000. - 40th edition. - Krause Publications, 2012 .-- ISBN 1-4402-2962-7 .