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Showing posts from April, 2017

Know the Mintmarks on Coins of India

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Every coin minted in India bears a mint mark, a unique symbol that identifies the mint where it was produced. Mint marks primarily serve the purpose of traceability, enabling the issuing authority to identify the origin of each coin. India currently has four Government Mints, some of which trace their origins to the pre-Independence era. The newest of these is the Noida Mint, established in 1988. In the past, India occasionally faced shortages of circulation coins and relied on foreign mints to supplement domestic production. Today, however, the country has sufficient—and often surplus—minting capacity to meet its own coinage requirements through its four Government Mints. In addition to producing India's circulation and commemorative coins, the Noida Mint has also undertaken the minting of coins for several foreign countries. Mint marks carried by coins minted in India: Calcutta / Kolkata Mint: Established in 1757; Mint marks:  No mint mark K - stands for Kolkata (since 2026) Bomb...

Booking Coins from the India Government Mint

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Many new collectors often inquire about how to book coins from the India Government Mint. This post aims to guide beginners through the commemorative coin booking process. Once a commemorative theme is selected, the following broad steps usually follow: © Security Printing & Minting Corporation of India Ltd. Coin Release Ceremony: The release ceremony depends on various factors such as the date of significance, linked celebrations, and the availability of key dignitaries. At the ceremony, details like the issuing mint—typically Mumbai or Kolkata—are confirmed. Coins in Circulation: After the release ceremony, the lower denomination coins are generally put into circulation. This may take anywhere from six months to a year, depending on the mint’s capacity and production schedule for both commemorative and definitive coins. Once circulation begins, the RBI issues a press release detailing the coin design. However, one still cannot know in advance which mints will produce the coins u...