Z00 wrote:That's a 1943 !!!!!
1940 was Gold!!!!!!!!!!!!!!!!
From --
http://www.coinquest.com/cgi-bin/cq/coi ... n_ct_id=30Britain ruled India until 1947. The East India Company issued many interesting coins and did not stick religiously to standard circular shape. Most of the British East India coins show the reigning British monarch on the front with rupee, mohur, and anna denominations on the back. The square pattern in our picture was used on the 1/2 and 2 anna denominations during the mid 20th century. You can see an example of a wavy-edge 1 anna coin at this CoinQuest link.
The 1/2 and 2 anna coins were minted in various metals as well, so if you have a coin with a similar pattern but different composition, the appraisal values on this page apply to your coin. Here are the stats:
1/2 ANNA (nickel-brass, copper-nickel, gold)
worn: less than $1 US dollar catalog value
average circulated: less than $1
well preserved: $1
fully uncirculated: $2
1940 date in gold: $400 coins in 'proof' or 'proof-like' condition: $30