Numismatics Collections

The Reserve Bank of India (RBI) is set to release the new ₹20 denomination banknotes of the New Mahatma Gandhi Series, featuring the signature of Shri Shaktikanta Das, Governor, RBI. The new denomination showcases the motif of Ellora Caves on the reverse side, symbolizing the country's rich cultural heritage. The primary color of the note is Greenish Yellow, complemented by other designs and geometric patterns that align with the overall color scheme on both the obverse and reverse sides. The dimensions of the banknote will be 63 mm x 129 mm. Key Features Obverse (Front) See through register with numeral 20 Denominational numeral २० in Devanagari Portrait of Mahatma Gandhi at the centre Micro letters 'RBI', ‘भारत ', ‘INDIA' and '20' Windowed demetalised security thread with inscriptions ‘भारत’ and RBI Guarantee Clause, Governor's signature with Promise Clause and RBI emblem towards right of Mahatma Gandhi portrait Ashoka Pillar emblem on the...

The Government of India may soon issue a Rs 1000 Gold coin and a Rs 500 Silver coin to commemorate the ICC World Cup 2019. This will mark the first release of a Gold coin in the history of Republic India Coinage. The Rs 1000 Gold Coin is said to measure around 18 mm and will be issued in a Red Velvet Box, while the Rs 500 Silver Coin will have a standard size of 44 mm and will be issued in a Blue Velvet Box. These coins are set to be issued by the Mumbai Mint. The ICC Cricket World Cup 2019 is the 12th edition of the tournament, scheduled to be hosted by England and Wales from May 30 to July 14, 2019. India has won two tournament cups in 1983 and 2011. Stay tuned for more updates!

The India Government Mint, Kolkata, has commenced the issuance of the ₹100 coin, released on the occasion of the ' Centenary of Jallianwala Bagh Massacre ,' at the Mint's counter sale premises, as confirmed by the well-known numismatist Mr. Sanjay Kansal. On April 13th, 2019, the Vice President of India, Shri M. Venkaiah Naidu, visited Jallianwala Bagh in Amritsar to pay tributes to the martyrs on the 100th anniversary and released the commemorative coin along with the postage stamp. It has been observed that the Kolkata Mint has released the coin in various types of packaging. Additionally, it has come to attention that the coin is labeled as "commiserative" and not "commemorative." Commemorative coins are usually crafted to honour and celebrate historical events, whereas the term "commiserative" denotes a form of remembrance associated with somber or sorrowful events.

It's been quite a while since the coins, which haven't been lifted by the Reserve Bank of India (RBI) machinery for circulation, have accumulated in large quantities at India Government Mints. The Currency and Coin (C&C) Division in the Ministry of Finance, the central bank, has been highlighting the issue of what it describes as the “reverse flow” of coins. Consequently, the government is exploring alternative transportation methods and considering the privatization of coin distribution due to high indents and the slow lifting of coin consignments by the RBI. Recently, it has come to light that representatives of the RBI have painted an alarming picture of the coin glut. However, they have assured that whatever quantity of coins has been indented by them will now be lifted. The RBI is reported to have approximately 9 billion coins in stock, while the projected indent given by the RBI to the Security Printing & Minting Corporation of India (SPMCIL) for the year 2019-20 ...

The Vice President of India, Shri M. Venkaiah Naidu, visited Jallianwala Bagh in Amritsar today to pay tributes to the martyrs on the 100th anniversary of one of the goriest episodes in human history and the darkest chapter of British rule in India, the Jallianwala Bagh massacre. The commemoration ceremony to pay homage to the martyrs was organized by the Ministry of Culture, Government of India. Shri Naidu paid his respects to the fallen heroes by placing a wreath upon the memorial. As part of the commemoration, he released a ₹100  commemorative coin and a postage stamp to mark the 100th anniversary of the Jallianwala Bagh massacre. The Vice President was also briefed on the proposed works for the revitalization of the memorial. Shri Naidu tweeted that Jallianwala Bagh serves as a reminder of how hard-won and precious our freedom is. He expressed that it's a moment to shed a silent tear for each innocent Indian who lost their lives on that Baisakhi day in 1919, reflecting on...

The Vice President of India, Shri M. Venkaiah Naidu, will pay homage to the martyrs of the Jallianwala Bagh massacre on the centenary of the tragic incident at the Jallianwala Bagh Memorial in Amritsar, Punjab, on April 13, 2019. During the homage ceremony, Shri Naidu is also scheduled to unveil a  ₹100   commemorative coin and commemorative postage stamp. The event commemorates the centenary of the massacre in which hundreds of innocent men, women, and children were killed by Brigadier General Reginald Dyer during a peaceful meeting at the park on April 13, 1919. Shri Naidu will also visit an exhibition on the Jallianwala Bagh Massacre organized by the Bureau of Outreach & Communication, Ministry of Information & Broadcasting, at the Jallianwala Bagh Memorial. Jallianwala Bagh was declared a national memorial by an Act of Parliament titled the "Jallianwala Bagh National Memorial Act, 1951." The memorial is managed by the Jallianwala Bagh National Memorial Trust (JB...