Posts

Showing posts from December, 2019

Identical Sizes, Different Values: The Coin Recognition Problem

Image
The new coin series was expected to include tactile features for easier recognition, but with overlapping sizes may still pose challenges for the visually impaired. However, when comparing the older ₹1 coin, the existing ₹2 coin, and the newly launched ₹5 coin, it becomes apparent that all three share the same 25 mm diameter and have nearly identical thickness, making physical distinction challenging. The last issuance of the 25 mm ₹1 coin dates back to 2004, while the ₹2 coin with the same diameter continued to be minted until 2019. With the introduction of the new coin series—particularly the new ₹5 coin—circulation now includes multiple denominations using the same size profile, creating an overlap and potential confusion for both the visually impaired and the general public. Although the government has indicated that the new series will eventually replace the older denominations, such transitions in India typically take several decades to fully phase out earlier series from circula...

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

Image
The India Government Mint, Mumbai, has opened the bookings for the much-awaited ₹75  commemorative coin  issued to mark  First Flag Hoisting Day . The bookings are open from December 12, 2019, and will continue until January 15, 2020. Earlier on December 30, 2018, the Hon’ble Prime Minister, Shri Narendra Modi, along with the Lt. Governor of the Andaman and Nicobar Islands, Shri Devendra Kumar Joshi, unveiled the ₹75 coin and a special postage stamp to mark the 75th anniversary of the historic moment when Netaji Subhas Chandra Bose first hoisted the Tricolour at Port Blair in 1943. The ₹75 coin is currently priced at ₹2,830 for the Proof Set and ₹2,655 for the UNC Set, which comes in a folder or blister packaging. 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.