abhishreshthaa
Abhijeet S
Edward VII was the next monarch to appear on coins from 1903-1906. George V, crowned in 1910, was the first monarch to visit India. A massive coronation durbar was commemorated by tokens and medals similar to the rupee. Bank notes of one rupee and two rupee denomianations began to appear. Edward VIII who married for love was never crowned but koris were struck in his name by the romantic ruler of Kutch for local circulation only.
George VI reigned from 1936 to1947. When India won her independence. Critical rupee changes resulted in the rupee due to the steep rise in the price of silver owing to World War II and inflation.
The fineness of the silver rupee was reduced by .500 from 1940-1947.As silver coins were being melted down, nickel coins were introduced and the first nickel rupee was introduced in1946. The last silver rupee was struck in 1945 after which the rupee was struck in nickel and then in cupronickel. The last British Indian rupee issued in 1947 was minted of nickel.
After over a century the silver rupee with its characteristic thunk when dropped passed into history.After Independence the nickel rupee of 11.66 gm showing the profile of the Ashoka Lion instead of the British monarch continued to be minted till 1957. Indian currency was decimilized in 1957.
In 1962 the first Indian rupee of 10 gm was issued. This was followed by a copper nickel rupee of 8 gm in 1975. The first commemorative rupee coin was issued in 1964 on Pt, Jawaharlal Nehru.
In 1969 silver coins on Mahatma Gandhi were issued. Silver was used now only for commemorative coins of Rs. 10 and over. Thus a long era of silver coinage popularized by the Sultans of Delhi, systemized by Sher Shah Suri and standardized by the British, came to an end.