Numismatics Collections

  A rare silver double rupee known as the Haidari from Tipu Sultan's era has garnered significant attention at the 9th National Numismatic Exhibition (NNE). Due to heightened security concerns, the organizers have reluctantly removed it from public display. This and other rare coins and notes have drawn a substantial number of collectors to the exhibition-cum-auction organized by Marudhar Arts, held from February 23rd to 25th, 2018. With an increased number of dealers participating this year, collectors find themselves with a wealth of options. The event saw 105 exhibitors from across the country, attracting nearly 1,500 visitors on the evening of February 23rd. In conclusion, the exhibition-cum-auction organized by Marudhar Arts has proven to be a resounding success, captivating collectors and enthusiasts alike with its array of rare coins and notes. The increased participation of dealers and the overwhelming response from visitors, with 1,500 attendees on the opening day alone, u...

Money doesn't grow on trees, they say, except perhaps in the ever-eccentric Portmeirion. However, it certainly appears to do so on the mysterious coin-studded trunks scattered around the woodlands of the United Kingdom. The peculiar phenomenon of gnarled old trees adorned with coins embedded in their bark has been observed on trails from the Peak District to the Scottish Highlands. These captivating spectacles often feature coins from centuries ago deeply embedded in the bark, shaped by the passage of time. While the tradition of making offerings to deities at wishing trees dates back hundreds of years, this combination of the man-made and the natural is far more rare. In the past, it was believed that divine spirits inhabited trees, and these trees were often adorned with sweets and gifts, a practice that continues today during Christmas. This act is reminiscent of tossing money into ponds for good luck or the contemporary trend of couples attaching 'love padlocks' to bri...

Bengaluru has a chance to see many vintage coins which will be put on public display as part of the 9th National Numismatic Exhibition (NNE), conducted by Marudhar Arts. The exhibition will be held from February 23rd to 25th, 2018. The event will take place at Shikshak Sadan, Bannappa Park Road, Cubbonpete, Nagarathpete, Bengaluru, Karnataka 560002. Important Events in this 9th NNE Inauguration and Lamp Lighting of the Exhibition by Mr. Rezwan Razack Chairman - Indian Bank Note Society - India Chapter Co - Author - Indian Paper Money Author - One Rupee One Hundred Years 1917-2017 Time and Date : 10.00 AM, Friday, 23rd February 2018 Academic Session by Centre of Indian Numismatic Studies (CIIS) on Brahmi Script Workshop.  Time and Date : 3.00 PM to 5.00 PM, 23rd February 2018. Just 40 Seats, first come first basis Book launch ceremony  on "Coins in Modern India" - Amit Rai Jain Time and Date : 11.00 AM, 25th February 2018. Award Distribution of the Event Valentine C...

The Government of India has directed the Security Printing and Minting Corporation of India Ltd (SPMCIL) to enhance production at its four minting units in Kolkata, Mumbai, Hyderabad, and Noida by operating in two shifts. This move is in response to the annual demand from the Reserve Bank of India (RBI), which has requisitioned 771 crore pieces of coins. According to sources within the mint, an estimated 650 crore coins have been produced thus far in the current year. Coin production experienced a slowdown in early January when SPMCIL initially ordered a temporary stoppage. Subsequently, an order for resumption at a reduced pace was issued. The initial stoppage order was lifted following the intervention of the finance ministry, prompted by the workers' request. SPMCIL had temporarily halted production due to a slowdown in the process of lifting coins by the RBI. The central bank encountered storage challenges as its vaults were already full with demonetized Rs 500 and Rs 1,000 not...

The India Government Mint, Kolkata, has started accepting bookings for the  commemorative coins  issued to mark the ' 150th Birth Anniversary of Shrimad Rajchandra ' and 'Birth Centenary of Pandit Deendayal Upadyaya'. The booking period commenced on February 16, 2018, and will continue until March 31, 2018.   The 150th Birth Anniversary of Shrimad Rajchandra coins with the Proof Set is priced at ₹2735, while the UNC Set is priced at ₹2372. For the  Pandit Deendayal Upadhyaya coins, the Proof Set is priced at  ₹2734 and UNC Set is priced at ₹2374. These coins can be obtained either at the Mint Premises or through the official website of the India Government Mint. You can find further details and updates in the " Current and Upcoming Bookings " section for your reference and convenience.  

The production of Rs 10 coins has been temporarily halted due to sufficient stocks, as indicated by the Government in a response to the Lok Sabha. In a written reply dated February 2 and made available today, the Minister of Finance, Shri Arun Jaitley, emphasized that there is no intention to cease the production of coins. He stated, "The production of Rs 10 coins has been halted temporarily as adequate stocks are available." Furthermore, he underscored that there is no discernible decline in the demand for coins in the country. While assuring the continued availability of coins to meet public demand, the minister highlighted the existence of ample coin stocks. Additionally, Shri Arun Jaitley conveyed that the Reserve Bank of India (RBI) and banks are actively implementing all necessary measures to ensure the accessibility of coins to the public. This includes distribution through counters and 'coin melas,' special events organized specifically for coin distribution...