The Revolt of 1857 ended the East India Company rule and the Queen assumed authority over the India. For the next 90 years the British Government ruled about 60% of India directly and the other 40% indirectly through native princes who followed British policies. During this time India went through many changes that were not just political and administrative but also witnessed changing economy and society.
Following the shifting of power from Company to British Government, a new series of coins were issued. From 1862 till Indian independence in 1947, coins were minted under the direct authority of the Crown. The British Indian coins were minted in Gold, Silver and Copper with different obverse and reverse die varieties which are helpful in their identification. The most peculiar feature of the British coinage is that they issued coins in two systems i.e. Fractional System and Decimal System.