1953 One Pice Coin Value

The catalogue records 3 catalogued varieties of the One Pice for 1953, struck at Hyderabad Mint, Bombay (Mumbai Mint), Calcutta (Kolkatta Mint).

Is the 1953 one the rare one?

Partly. Of the 3 varieties struck that year the catalogue separates 1 Rare from the rest. Which one you have depends on the mint mark, not the year alone.

Every 1953 variety, by mint

Mint Rarity Metal Weight Diameter Thickness UNC (catalogue)
Hyderabad Mint Rare Bronze 2.92 grams 21.33 mm 1.45 mm ₹25,000
Bombay (Mumbai Mint) Common Bronze 2.92 grams 21.33 mm 1.45 mm ₹50
Calcutta (Kolkatta Mint) Common Bronze 2.92 grams 21.33 mm 1.45 mm ₹50

Check it against your own coin

Every 1953 variety weighs 2.92 grams and measures 21.33 mm across, circular. If yours is noticeably lighter or smaller it is not a 1953 One Pice, whatever the date reads as.

Weigh it on any scale that reads to a tenth of a gram, and measure the diameter across the widest point. Wear removes very little weight, so a coin more than a few percent off the figure above is usually a different issue rather than a worn one.

Reading the mint mark on your coin

The mark sits under the year. A star is Hyderabad, a diamond or dot is Mumbai, a solid dot is Noida, and no mark at all is Kolkata. On a 1953 One Pice that mark is the whole question, because the year on its own does not separate one variety from another.

What it is worth

3 of the 3 varieties carry a reference price, from ₹50 to ₹25,000 in uncirculated condition. A coin that spent years in circulation is not that coin.

Every other year and denomination is catalogued here, and this explains how selling actually works.