Numismatics Collections

Recent rumours have been circulating claiming that the Reserve Bank of India (RBI) may withdraw the old series of ₹100, ₹10, and ₹5 currency notes by March or April 2021.  These unverified reports have created unnecessary anxiety among the public, prompting some individuals and shopkeepers to hesitate or even refuse to accept the older notes for daily transactions. Such panic, however, stems from misinformation rather than any official announcement. In reality, the gradual withdrawal of older currency series is a normal international practice undertaken by central banks once new series are introduced with enhanced designs and improved security features. The RBI has followed similar procedures in the past—for example, by withdrawing all pre-2005 banknotes—while ensuring that the process does not inconvenience the general public. Even during such phases, older notes continue to remain valid and can be freely used for transactions until formally declared otherwise. During a meeting of...

The Government of India will commemorate the  125th Birth Anniversary of Srimat Swami Pranavanandaji Maharaj  with denominations of ₹100, ₹50, and ₹10. The Ministry of Finance issued the gazette notification on January 22, 2021. The  metal composition  of the  ₹100 coin will be composed of a Quaternary Alloy, comprising 50% Silver, 40% Copper, 5% Nickel, and 5% Zinc. It will have a weight of 35 grams and a diameter of 44 mm, featuring 200 serrations along the edge.  The ₹50 coin will also composed of a Quaternary Alloy, with 50% Silver, 40% Copper, 5% Nickel, and 5% Zinc. It will weigh 22.5 grams, have a diameter of 39 mm, and feature 180 serrations along the edge. The ₹10 coin will be Bi-Metallic, with Nickel Brass at the outer ring and Nickel Silver at the center piece, weighing 7.74 grams and having a diameter of 27 mm, featuring 100 serrations along the edge. Obverse:  The face of the coin shall bear the Lion Capitol of Ashoka Pillar in the ce...

The Hon’ble Prime Minister, Shri Narendra Modi, released a ₹125  commemorative coin  and a postal stamp to mark the  125th Birth Anniversary of Netaji Subhas Chandra Bose  at the inaugural function of the ‘Parakram Diwas’ celebrations held at Victoria Memorial, Kolkata, on January 23, 2021. The occasion was graced by the Governor of West Bengal, Shri Jagdeep Dhankhar, the Chief Minister of West Bengal, Smt. Mamata Banerjee, Union Ministers Shri Prahlad Patel and Shri Babul Supriyo, close relatives of Netaji Subhas Chandra Bose, and the valiant members of the Azad Hind Fauj whose contributions have eternally elevated the nation’s pride. Speaking on the occasion, the Prime Minister said that today marks the birth anniversary of the brave son of Maa Bharti who gave a new direction to the dream of an independent India. He remarked that this is the day when the nation celebrates the spirit that pierced through the darkness of colonial rule and challenged the world’s most ...

The Government of India will issue a  commemorative coin  of ₹125 to mark the ' 125th Birth Anniversary Year of Netaji Subhas Chandra Bose .' The Ministry of Finance issued the gazette notification on January 20, 2021, officially confirming the release of the coin. The Prime Minister, Shri Narendra Modi, will be present at the inauguration of the 'Parakram Diwas' celebrations on January 23, 2021, commemorating the 125th Birth Anniversary of Netaji Subhas Chandra Bose at the Victoria Memorial in Kolkata. The event will feature the unveiling of a permanent exhibition, a Projection Mapping Show highlighting Netaji, and the inauguration of a commemorative coin and postage stamp.  The  metal composition  of the ₹125 coin will consist of a Quaternary Alloy, comprising 50% Silver, 40% Copper, 5% Nickel, and 5% Zinc. The coin will weigh 35 grams and have a diameter of 44 mm, featuring 200 serrations along the edge. The coin's description is as follows. Obverse: ...

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