History

Pakistan Mint

Pakistan Mint is located in Lahore (Punjab) and is under the administrative control of Finance Division (Ministry of Finance).

Before creation of the Pakistan, there was a Mint located in Alipur, Calcutta. During World War-II (1939-45), as a consequence of Japenese Bombarment on Calcutta, the then British Government  shifted that Mint to Lahore temporarily for a period of 5 years, considering Lahore a safer place. 

Accordingly, Mint in Lahore started functioning with effect from September 1943. At that time it was named as HIS MAJESTY'S MINT. After independence of Pakistan in 1947, the same mint was renamed as "Pakistan Mint".

 

Pakistani Coins

Government of Pakistan issued its first coins in 1948, based on the traditional Rupees, Annas and Pice of the sub-continent, depicting crescent and star. In line with global decimal systems, Pakistan introduced decimal coinage on Jan 01, 1961. This decimal coinage was based on Rupee with division into paisas. 1, 5 and 10-paisa coins were issued in 1961, followed by 25 and 50 paisa coins in 1963. 

Presently circulated coins of Re 1 and Rs. 2 were introduced in 1998 whereas Rs. 5 and Rs. 10 coins were introduced in 2002 and 2016 respectively.