India (British) Pice  1943 to 1947
India (British) Pice 1943 to 1947

It's hard to miss this coin. The giant hole in the middle makes it very unusual. These were minted by the British about the time they were leaving India in 1947. The Portuguese were there until 1961. The coins were minted in 2 grams of bronze and have a diameter of 21.32mm.

These coins are worth very little. There were hundreds of millions made and many are still around due to their unique characteristics. But, as is often the case in coin collecting, there is a twist.

Here are the normal catalog values, which apply to all dates:

worn: less than $1 US dollar approximate catalog value
average circulated: $1
well preserved: $2
fully uncirculated: $4

Here is the twist. The coin in our primary picture, which has a yellowish appearance and lines up straight across the page, is a standard coin minted for circulation. The coin in our secondary picture, which is darker and has faint shadows is a proof-like restrike. The proof-like restrikes are valuable, up to $200 catalog value when in perfect condition.

Proof-like restrikes were minted in 1944, 1945, and 1947. If your coin carries one of those dates, has a mirrored appearance under frosty lettering and wreath, it is probably a proof-like restrike. To be sure, consult a knowledgeable collector or coin dealer. You can also send your coin to one of these services: PCGS, NGC, ANACS, ICG, for authentication, attribution (restrike or not), grading, and encapsulation. Look up the services on the Internet. Do not use other services.

Coin: 13440 , Genre: Colonizers and Colonies
Requested by: Rutvij, Sat, 29-Dec-2012 22:13:05 GMT
Answered by: Paul, Sun, 30-Dec-2012 20:57:04 GMT
Reviewed by CoinQuest. Appraisal ok., Mon, 18-Jul-2016 14:59:33 GMT
Requester description: 1945 1 Pice 1 Pice
Tags: india british britain pice uk brit brittan brittain england britian britt english britan brittish pices 1 hole crown wreath crowned tiara crowns tiarra crowning tiera wreathed rief reif reef wreathe wreat garland wreth wreah wreaths


Hi, Sir I have got 1 pice of 1947 and it is in perfect condition, I want to sell it and want to know its value. Thank you. - Ashim thapa
Values are shown on this page. A good place to sell coins like this is eBay. - CoinQuest (Paul)

Hi, I have a 1944 coin. bronze made and dark in looks .. is it one of the Proof-like restrikes?? - Virender
Very possibly yes. It should be in special packaging. If you got it from circulation, then it is not a restrike. Take it to a coin dealer or knowledgeable collector. You need an in-person appraisal. - CoinQuest (Paul)

hi, I have a coin with 1945 imprinted on it with golden tinge like the first image. Can i just know the value of it in approx.? - abi
Please read the page. See our Important Terminology page for images that show coins in different conditions, e.g., worn, average circulated, etc. - CoinQuest (Paul)

hi sir i have some of these coins with me but dosnt know thw actual value, and also how to sell it can you leave some idea for me - Ramesh Chand Goyal
Approximate value is shown on this page. You can learn how to sell coins by reading this page [PRESS HERE]. CoinQuest does not buy coins. To sell coins you must do some work. The easiest method is to well them to a coin dealer. - CoinQuest (Paul)

Hello Sir, we are the regular visitors of your site. We have approx 500 coins of 1 Pice in which the coins are of 1944 C, L and I mint mark. How can we know the value of the coins? The coins are maximum of high grade near UNC. Please guide me and oblize. - guttu middya
Please read the page for details about values. Uncirculated coins catalog at $4 US dollars each, but catalog values are inflated, so you could probably sell them retail for $2 each, only if fully uncirculated with nice looks. The best place to sell these is eBay. I suggest you take out a free advertisement on this site because: (1) you will learn a lot about selling coins from filling out our form, and (2) you might sell a few or all of your coins for free. eBay charges fees. To take out a free ad, press the 'Buy and Sell' button. - CoinQuest (Paul)

I have a slightly circulated 1944 pice coin. - sushma rani
Cool! They're fun coins. - CoinQuest (Todd)

I have a 1944 and 1945 coin that follows your description as a restrike. How could I tell if it's a restrike without consulting to a coin collector? - Jeeva Sharma
It takes a bit of practice. If you'd like us to have a look at them, CLICK HERE or click on the 'Contact' button to start an email exchange. - CoinQuest (Todd)

i will like to know the weight,mint,mintage - vriti
We have updated the page. Mintages vary for each year, and are very high for all but the proof-like restrikes. - CoinQuest (Todd)

Hi Sir, I have two coins of 1944 of one paisa and i want to sell it and want to know it's cost. Please advise. - manish
The values are listed on this page. If you have a proof version (or a proof-like restrike), those are the valuable types - if you're not sure what you have, please CLICK HERE and you'll be able to upload photos. We can help determine what you've got with pictures. - CoinQuest (Todd)

Hi sir I have a 1943 coin. bronze made and dark in looksand it is almost good in condition, so can I know how much I can get for it..
It sounds like your 1943 coin is in average circulated condition. The catalog value is about $1 US dollar. This means a collector would buy it from you for about 50 to 75 cents, and a coin dealer would buy it from you for about 25 to 50 cents. - CoinQuest (Paul)





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