India's independence in 1947 saw Pakistan break away from the rest of India. Pakistan introduced their own coins in 1948. Newly independent India continued to use the British India coins until after Republic status was attained, on January 26th 1950. These first coins were introduced on August 15th, 1950, which was exactly three years, to the day, after independence had been achieved. The old monetary system remained, except any need for a "Pie" denominated coin had disappeared. The overall general appearance of these new coins was rather similar to the later British India pieces that they superseded, though new designs were used. Coins of all denominations of this series were made at Bombay, coins of a few denominations were made at Calcutta and a few dates of the 1 Pice coins were made in small quantities too at Hyderabad.

(Sometime I hope to have a few pictures to represent this series from the pieces I have - I may manage a picture of each and every one of the designs.)

The introduction of this new coinage saw the first use of the current mint marking symbols as used on Republic of India coins:- Bombay pieces have a diamond mint mark. Calcutta pieces have no mint mark and Hyderabad pieces originally had a split or dotted diamond but these days have a five-pointed star. These mint marks most often appear under the middle of the date.