Posts

Showing posts from December, 2019

New 5 Rs Coin vs Old 1 Re and 2 Rs Coin

Image
All along, there were expectations that the new coin series would incorporate special features to aid the visually impaired in easy coin recognition. However, upon observing the old 1 Rupee coin, the current 2 Rupees coin, and the recently launched new 5 Rupees coin, it becomes evident that they all share a common diameter of 25 mm and nearly identical thickness. The 1 Rupee coin with a 25 mm diameter was last issued in 2004, while the issuance of the 2 Rupees coin continued until 2019, and the circulation of the new series has recently commenced, creating a conflict with the earlier denominations. The government anticipates that the new series will gradually replace the earlier series over time. However, in practical terms, it often takes decades to fully replace an earlier series, potentially causing confusion among the public in recognizing the coins. Despite obtaining approval from the association of the visually impaired before releasing the new series coins, the transition ma...

Mumbai Mint Opens Bookings for 'First Flag Hosting Day' Coin

Image
The India Government Mint, Mumbai has opened the bookings of ₹75 commemorative coin issued to mark the ' First Flag Hoisting Day ' from December 12, 2019 till January 15, 2020. The ₹75 coin in the Proof Set is issued at the price of ₹2830, while the UNC Set is priced at ₹2655. These coin sets are available for purchase either at the Mint Premises or through the official website of the India Government Mint. For additional details and updates, please refer to the ' Current and Upcoming Bookings ' section for your convenience.