Numismatics Collections

The India Government Mint, Mumbai, has reopened bookings for commemorative coins in both Proof and UNC Sets, issued to mark the   Centenary of Mahatma Gandhi's Return from South Africa and Centenary of Komagata Maru Incident . Centenary of Mahatma Gandhi's Return from South Africa Centenary of Komagata Maru Incident The Proof Coin Set for both coins is currently priced at ₹3,740, while the UNC Coin Sets for both are available at ₹3,160. Although the prices reflect a modest increase of around 15% from the original offering, they remain within an affordable range. If you are new to online coin ordering, booking through India Mint is a convenient option. This allows you to secure these commemorative sets at reasonable prices while ensuring a seamless and trustworthy transaction process.

Mr. Tripti Patra Ghosh brings a wealth of experience to his new role as CMD of the Security Printing and Minting Corporation of India Limited (SPMCIL). Before assuming this position, he has had a distinguished career as a 1994-batch officer of the Indian Cost Accounts Service (ICAS). His extensive background in financial management and administrative expertise positions him well to lead SPMCIL through its crucial responsibilities, including the production of banknotes and coins. The appointment of Mr. Tripti Patra Ghosh is part of a broader mid-level bureaucratic reshuffle initiated by the central government. This strategic move aims to leverage the skills and experience of seasoned bureaucrats in key positions to enhance the efficiency and effectiveness of various government institutions. As per the official order issued by the Ministry of Personnel, Mr. Tripti Patra Ghosh will serve as CMD for a tenure of five years. This period allows for continuity and stability in leadershi...

Yes, there are individuals, especially teenagers, who engage in the hobby of coin collecting. Many may not be aware that collecting old coins is formally referred to as Numismatics. Start Simple and Small Unless you are very wealthy and can spend thousands of rupees, it's advisable to ease into the hobby and familiarize yourself with the basics before making any significant purchases. Begin with smaller coins and consider acquiring coin sets from Indian mints in small denominations, such as ₹5 and ₹10, which are easier to assemble. Take the time to delve into the details of the coins, including their history, grading, and pricing. Many accomplished coin collectors began their journey by collecting  commemorative coins , which are still readily available in circulation. Most of these coins can be acquired at a reasonable price through local coin exhibitions, coin shops, or online platforms. If your budget allows for it, consider exploring proof sets of higher denomina...

A  commemorative coin  of ₹125 is more likely to be issued on occasion of 125th Birth Anniversary of  Prasanta Chandra Mahalanobis . Prasanta Chandra Mahalanobis (29 June 1893 – 28 June 1972) was an Indian scientist and applied statistician. He is best remembered for the Mahalanobis distance, a statistical measure and for being one of the members of the first Planning Commission of free India. He made pioneering studies in anthropometry in India. He founded the Indian Statistical Institute, and contributed to the design of large-scale sample surveys. A gazette notification will confirm the issuance of the commemorative coin . Additionally, there are other possible new coin releases scheduled.

India has effectively banned cryptocurrencies like Bitcoin, with the Reserve Bank of India (RBI) prohibiting regulated entities from providing services to individuals or businesses dealing in digital currencies. Regulated entities, such as banks, have been given three months to unwind their positions with entities related to cryptocurrencies.  Despite this move, the RBI has expressed its intention to promote the use of blockchain – a public ledger underlying bitcoin – in financial services to enhance transparency and inclusion. This decision by the central bank follows at least three prior warnings to the public to exercise caution when dealing with cryptocurrencies. The global trend of governments intensifying scrutiny of virtual currencies, mainly due to their unregulated nature, has played a role in this move. The significant surge in bitcoin's value in 2017 raised concerns that such currencies could facilitate activities ranging from money laundering to tax evasion and fraud. S...