Numismatics Collections

Every coin in India are minted through various mints and has mintmark, a unique symbol to identify the origin of the coin. The purpose of the mint mark is more for traceability purposes. India has four mints with some of the mints existing before Independence.  The latest mint was established at Noida in 1988. On various occasions in the past, India faced with scarcity of coins and government has placed orders for foreign mints to fulfill the coin demand in the country though now, India has self-sufficient and excessive capacity to produce and supply enough indigenous coins from their four mints, while Noida mint regularly mints coins for other countries that need such services. Mint marks carried by coins minted in India: Calcutta / Kolkata Mint: Established in 1757; Mint marks: No mint mark Bombay / Mumbai Mint: Established in 1829; Mint marks:  Diamond Shape for Normal issues and UNC sets B - stands for Bombay (till 1995 on proof coins)  M - stands for Mumbai (aft...

Many new collectors often inquire about the process of booking coins from the Reserve Bank of India (RBI) or the Mint. This post is intended to guide new collectors through the coin booking process. Once a commemorative theme is chosen, the following steps can be broadly followed:   © Security Printing & Minting Corporation of India Ltd. Coin Release Ceremony:  This happen in accordance with various factors, like is the exact date of significance, what other celebrations are linked up to commemorate the event, availability of Key Dignitaries, etc. At the release ceremony one can confirm the denomination of the coins that are being released as well as the Main Mint that has released the coins. So far its been Mumbai or Kolkata Mint. Coins in Circulation: Once the release ceremony is held, typically the coins are put in circulation. The time period for putting the coins in circulation varies from months [typically 6 months] to a year depending on...