and below were officially demonetised. Commemorative coins in circulation can be found in various denominations. They depict various special events or people, including Mahatma Gandhi, Jawaharlal Nehru, Indira Gandhi, B. R. Ambedkar, Rajiv Gandhi, Dnyaneshwar, the 1982 Asian Games, Sardar Vallabhbhai Patel, Subhas Chandra Bose, Sri Aurobindo, Chittaranjan Das, Chhatrapati Shivaji, the 2010 Commonwealth Games, Bhagat Singh, Rabindranath Tagore, Atal Bihari Vajpayee, Jallianwala Bagh massacre etc. Coin series: 1947–1957 (pre-decimalization) Union of India 1947–1950 At Independence on 15 August 1947, India was partitioned into the new Dominion of India and Dominion of Pakistan. The new Dominion (or Union) of India retained the previous imperial currency with the portrait of King George VI. The basic unit of currency was the Indian rupee, which was itself divided into annas (16 annas to a rupee) and pice (the old spelling of paisa - 64 pice to a rupee). The lowest-denomination Indian coins, the half-pice (128 to a rupee) and the pie (192 to a rupee) were officially demonetized in 1947; while both denominations had continued to circulate up to that time, new examples were not minted after 1942 as they were practically worthless (India remained a member of the sterling area after independence and the rupee remained pegged to the pound sterling. Until 1966, the rupee was worth 1s.6d, or 18 old British pence; a half-pice was therefore worth 0.141 old pence and a pie 0.09 old pence.) From 15 August 1947 until 26 January 1950, the Indian coinage structure was as follows: (bold - denominations minted by the Government of India) This represented the currency arrangements during the transition period up to the establishment of the Republic of India. The British India coins which were mostly in circulation from 1947 to 1950 until the first Republic of India (Pre-decimalization Series) coins were introduced as follows: Republic of India 1950-1957 On 26 January 1950, India became an independent republic in the Commonwealth of Nations. This series was introduced on 15 August 1950 and represented the first coinage of Republic of India. The British King's portrait was replaced by the Lion Capital of the Ashoka Pillar. A corn sheaf replaced the Tiger on the one rupee coin. In some ways this symbolised a shift in focus to progress and prosperity. Indian motifs were incorporated on other coins. The previous monetary system and the old units of currency were retained unchanged. Decimalization The move towards