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| Issuer | Reserve Bank of India |
|---|---|
| Year | 1988-2007 |
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| Value | Log in to see details |
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| Composition | Log in to see details |
| Weight | 3.79 g |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Devanagari, Latin |
| Obverse lettering | भारत INDIA सत्यमेव जयते पैसे 50 PAISE |
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| Additional information |
India's shift to stainless steel coinage in the mid-1980s was driven by the chronic problem of base-metal coins being melted for their intrinsic value — a recurring issue in South Asian monetary history whenever metal prices spiked relative to face value. The 50 Paise denomination had already cycled through cupro-nickel and aluminum before landing on stainless steel as a cost-stable solution.
By the late 1990s, the half-rupee was effectively ignored in everyday commerce, surviving mainly in pharmacies for prescription pricing. Demonetized in 2011.