1957 India 5 Naye Paise Cupro-Nickel Coin KM16

Updated August 30, 2026

1957 India 5 Naye Paise Cupro-Nickel Coin KM16 1957 India 5 Naye Paise Cupro-Nickel Coin KM16 This 1957 India 5 Naye Paise coin is a significant piece from the early decimalization era of Indian currency. Struck in a cupro-nickel composition containing copper, this square-shaped coin with rounded corners features the iconic Ashoka Lion Capital on the obverse, symbolizing the Republic of India. The reverse displays the large numeral 5 with the inscription Naye Paise and the date 1957. As the first year of issue for this specific denomination and design, it represents a historical transition in India's monetary system. The coin is presented in a protective 2x2 cardboard flip, preserving its circulated details and characteristic metal luster. This business strike issue is a foundational piece for collectors of Indian numismatics and world coins. 1957 India 5 Naye Paise Cupro-Nickel Square Coin KM16 Condition: The coin appears to be in circulated condition with signs of light wear on the high points of the design and minor surface marks consistent with its age. It shows a standard circulation strike, not a proof or special finish. Mint: The coin does not feature a specific mint mark, indicating it was produced at the Bombay Mint. Metal Content: The coin is composed of Cupro-Nickel. Historical Context: This coin was issued during the first year of India's adoption of the decimalized currency system in 1957. The "Naye Paise" (New Paise) series marked the transition from the old annas/pice system to the modern rupee system, with this square-shaped coin featuring the Lion Capital of Ashoka on the obverse. Strike Type: Standard circulation strike. Grading: Not professionally graded. India, coin, 1957, 5 naye paise, numismatics, vintage coin, Indian currency, square coin, collectable, Ashoka Pillar emblem, 128h, metal currency 1957 India coin, 5 Naye Paise, Indian numismatics, vintage Indian currency, 5 Paise 1957, rare Indian coins, Republic of India coinage, Ashoka Lion Capital coin, square Indian coin, collectible world coins IMPORTANT BIDDER NOTICE Bidder is solely responsible for determining value, condition, completeness, authenticity, fitment, grade, and usefulness before bidding. THIS ITEM IS SOLD STRICTLY AS-IS, WHERE-IS, WITH NO WARRANTIES OR GUARANTEES OF ANY KIND, EXPRESSED OR IMPLIED. ALL SALES ARE FINAL. NO REFUNDS. NO RETURNS. NO CANCELLATIONS. NO BID RETRACTIONS. By placing a bid, the bidder acknowledges that they have reviewed the title, description, photographs, and any auction notices, and have had the opportunity to ask questions before bidding. Bidder agrees that: The item is being purchased strictly as shown in the photographs and described in the listing The auction house does not grade, test, appraise, or authenticate items unless specifically stated By registering and placing bids, the bidder expressly authorizes Iowa Surplus & Estate Auctions to charge the payment method on file for any lots won, incl

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