Tectonic shift in GOI's policy on commemorative coins

There might be a significant change in the Government of India's policy regarding commemorative coins. In recent months, there have been reports suggesting that no more commemorative coins will be issued in smaller denominations such as Re 1, Rs 2, Rs 5, and Rs 10.


The issuance of commemorative coins for 'Shri Guru Gobind Singh' and the 'First Flag Hoisting Day' through gazette notifications suggests a potential shift towards issuing commemorative coins only in higher denominations which are non-circulating coins. Although this policy is relatively new in India, many countries have implemented similar measures by releasing non-circulating coins.

However, this shift may pose challenges for new collectors, potentially diminishing the joy of collecting circulation coins, as they may find it difficult to afford mint sets for each commemorative coin. This information was shared by Numismatist Mr. Sanjay Kansal, and there is hope that this policy might be reconsidered.

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