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The 1 Pie Taraazu Coin

Posted by Amit Bhandari on

The 1 Pie Taraazu Coin

The 1 Pie Tarazu coin   Figure 1: 1 Pie: Calcutta Presidency The smallest unit of currency in widespread use during the British era was 1/12 anna, which was 1/192 of a rupee. This unit was also called the ‘pie’ and was equal to 1/3 of a paisa – explaining Hindi sayings such as ‘पाई पाई का हिसाब’ (pie pie ka hisaab). Upto 1835, the British minted 1 Pie coins, which after 1835 became 1/12th Anna – which continued to be minted right up to the 1940s. Figure 2: 1 Pie: Bombay Presidency Before the Revolt of 1857, India was governed by...

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