1957 India 5 Naye Paise Cupro-Nickel Coin KM16

1957 India 5 Naye Paise Cupro-Nickel Coin KM16 1957 India 5 Naye Paise Cupro-Nickel Coin KM16 This 1957 India 5 Naye Paise coin is a significant piece from the early decimalization era of Indian currency. Struck in a cupro-nickel composition containing copper, this square-shaped coin with rounded corners features the iconic Ashoka Lion Capital on the obverse, symbolizing the Republic of India. The reverse displays the large numeral 5 with the inscription Naye Paise and the date 1957. As the first year of issue for this specific denomination and design, it represents a historical transition in India's monetary system. The coin is presented in a protective 2x2 cardboard flip, preserving its circulated details and characteristic metal luster. This business strike issue is a foundational piece for collectors of Indian numismatics and world coins. 1957 India 5 Naye Paise Cupro-Nickel Square Coin KM16 Condition: The coin appears to be in circulated condition with signs of light wear on the high points of the design and minor surface marks consistent with its age. It shows a standard circulation strike, not a proof or special finish. Mint: The coin does not feature a specific mint mark, indicating it was produced at the Bombay Mint. Metal Content: The coin is composed of Cupro-Nickel. Historical Context: This coin was issued during the first year of India's adoption of the decimalized currency system in 1957. The "Naye Paise" (New Paise) series marked the transition from the old annas/pice system to the modern rupee system, with this square-shaped coin featuring the Lion Capital of Ashoka on the obverse. Strike Type: Standard circulation strike. Grading: Not professionally graded. India, coin, 1957, 5 naye paise, numismatics, vintage coin, Indian currency, square coin, collectable, Ashoka Pillar emblem, 128h, metal currency 1957 India coin, 5 Naye Paise, Indian numismatics, vintage Indian currency, 5 Paise 1957, rare Indian coins, Republic of India coinage, Ashoka Lion Capital coin, square Indian coin, collectible world coins IMPORTANT BIDDER NOTICE Bidder is solely responsible for determining value, condition, completeness, authenticity, fitment, grade, and usefulness before bidding. THIS ITEM IS SOLD STRICTLY AS-IS, WHERE-IS, WITH NO WARRANTIES OR GUARANTEES OF ANY KIND, EXPRESSED OR IMPLIED. ALL SALES ARE FINAL. NO REFUNDS. NO RETURNS. NO CANCELLATIONS. NO BID RETRACTIONS. By placing a bid, the bidder acknowledges that they have reviewed the title, description, photographs, and any auction notices, and have had the opportunity to ask questions before bidding. Bidder agrees that: The item is being purchased strictly as shown in the photographs and described in the listing The auction house does not grade, test, appraise, or authenticate items unless specifically stated By registering and placing bids, the bidder expressly authorizes Iowa Surplus & Estate Auctions to charge the payment method on file for any lots won, including buyer’s premium, applicable taxes, shipping, handling, and processing fees in accordance with the posted auction terms.“Charges may appear on your credit card statement under Iowa Surplus & Estate Auctions, Iowa Surplus Auctions, ISA Auctions, ATR Auctions, or the payment processor associated with the auction.”ons, or the payment processor associated with Iowa Surplus & Estate Auctions.” References to gold, silver, platinum, copper, plated, gold-gilded, gold-layered, silver-plated, or similar terminology may describe visual appearance, color, or decorative finish only Unless expressly verified in the listing, the metal content, purity, composition, or percentage is not tested, guaranteed, or represented by the auction house. Such descriptions may refer solely to aesthetic characteristics rather than actual metal composition. Third-party grading opinions are those of the third party alone Placing a bid creates a binding contract if the bidder wins the item, payment is required under the posted auction terms For coins, trading cards, and collectibles, items may be raw, graded, ungraded, authentic, reproduction, replica, reprint, or altered unless specifically stated otherwise. The bidder must rely on their own review and judgment before bidding. The bidder authorizes the Auction Company to submit all bidding records, platform activity logs, photographs, invoice history, and shipping documentation to payment processors, banks, and collection agencies to enforce these Terms. By placing any bid, the bidder acknowledges they have read the title and description in full, reviewed all photographs, and had the opportunity to ask questions prior to bidding. The bidder agrees they are purchasing the item strictly as shown in the auction images and as described, AS-IS, WHERE-IS, and that placing a bid and/or winning an item constitutes a binding contract, with no refunds, no returns, no exchanges, no credits, and no cancellations for any reason.