the first coin age in modern India was issued by
government
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Post-independence issues
India's first coins after independence were issued in 1950 in denominations of 1 pice, 1⁄2, one and two annas, 1⁄4, 1⁄2 and one-rupee.
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The first coinage under the crown was issued in 1862 and in 1877 Queen Victoria assumed the title the Empress of India. Edward VII succeeded Queen Victoria and the coins issued bore his effigy.
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