5 Paisa - Mahendra Bir Bikram

Nepal Rastra Bank, established only in 1956, was still consolidating the country's monetary system when these were struck. King Mahendra had dissolved parliament and seized direct power in 1960, ruling under the partyless Panchayat system — the coinage of this period reflects that centralized authority, issued by a national bank that itself had replaced the century-old Tejarath Adda just years earlier.

The switch to bronze for this type is the detail worth noting. Earlier issues in the series used different alloy compositions, making KM#758a a transitional piece within a short emission window.