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Why Anna and Pice both?

Started by Md. Shariful Islam, February 20, 2012, 12:55:12 PM

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Md. Shariful Islam

1 anna equals to 4 pice. But BI coinage have both streams of Anna and Pice at the same time. Why?

Abhay

The monetary system during the British India was as follows:

3 Pies = 1 Pice
4 Pice = 1 Anna
16 Annas = 1 Rupee
15 Rupees = 1 Mohur

So, 1/12 Anna = 4/12 Pice = 1/3 Pice = 1 Pie
1/2 Pice = 3/2 Pies = 1.5 Pies
1/4 Anna = 4/4 Pice = 1 Pice
1/2 Anna = 4/2 Pice = 2 Pice
1/4 Anna = 4/4 Pice = 1 Pice

So, basically, instead of naming the coin as 1 Pice, initially, the coin was named as 1/4 Anna. Of course, later on, during the Era of George VI, 1 Pice Holed coins were issued.

Abhay

INVESTING IN YESTERDAY

Harry


I'm so happy that the decimal system is around. Shifting the decimal point is much easier that working out all those fractions!
Collector of British India, Straits Settlements, Malaya, East Africa coins and papermoney

FosseWay

I've wondered at various time why the 1/12 anna coin was denominated thus and not as 1 pie. Some of the coinages issued by the Bombay, Madras and Calcutta Presidencies and by the EIC used '1 pie' as the denomination, and imperial stamps denominated as 3, 6 and 9 pies are very common. So why the clumsy 1/12 denomination?

Md. Shariful Islam

Quote from: FosseWay on February 20, 2012, 06:48:29 PM
So why the clumsy 1/12 denomination?

And look at the inconsistency. 1/12 anna, then 1/2 pice, then again Quarter anna (instead of 1 pice) and onward.

Silver coins are 2 anna, then 1/4 rupee (instead of 4 anna) and then 1/2 rupee (instead of 8 anna).

repindia

Quote from: Tanka on February 20, 2012, 07:26:11 PM
And look at the inconsistency. 1/12 anna, then 1/2 pice, then again Quarter anna (instead of 1 pice) and onward.

Silver coins are 2 anna, then 1/4 rupee (instead of 4 anna) and then 1/2 rupee (instead of 8 anna).

If you check carefully the urdu letters on the silver coinage said 8 annas and 4 annas for 1/2 Rupee and 1/4 Rupee respectively. Also 1/2 pice sounds better than 1/8 anna.  :)

Md. Shariful Islam

Quote from: repindia on February 20, 2012, 11:50:19 PM
Also 1/2 pice sounds better than 1/8 anna.  :)

And I feel that it is also a cause of less availbility but what found is in good condition of 1/2 pice. Probably the less educated indians of thatt time failed to understand 1/2 pice and did not accept this coin that much and I guess quarter annas remain more popular than any coins for trades.

Islam