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Showing posts from July, 2023

Reserve Bank of India clarifies on Star Series Banknotes

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The Reserve Bank of India (RBI) on today clarified that the banknotes with a star (*) symbol on the number panel are entirely authentic and carry the same value as any other legal tender. In a press release, the RBI said "It has come to the notice of the Reserve Bank that the validity of banknotes with a Star (*) symbol present on the number panel has recently been the subject of discussions on some social media platforms. In this connection, it is informed that the Star (*) symbol is inserted in the number panel of a banknote that is used as replacement for defectively printed banknotes in a packet of 100 pieces of serially numbered banknotes. A banknote with a Star (*) symbol is identical to any other legal banknote, except that in the number panel a Star (*) symbol is added between the prefix and the serial number. The Star (*) symbol is an identifier that it is a replaced / reprinted banknote." This blog provides entire details of Star banknotes issued from 2006 to curren...

PM Modi releases ₹75 and ₹100 coins on India's G20 Presidency

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The Prime Minister Shri Narendra Modi released the commemorative coins of ₹75 and ₹100 along with the postage stamps on  India's G20 Presidency   while inaugurating the IECC (International Exhibition-cum-Convention Centre) Complex in Pragati Maidan, Delhi. The newly developed IECC complex at Pragati Maidan comprises of multiple state-of-the-art facilities including Convention Centre, Exhibition halls, amphitheaters etc. The G20 Leaders declaration will be also adopted at the conclusion of the New Delhi Summit, stating the leaders commitment towards the priorities discussed and agreed upon during the respective ministerial and working group meetings. The ₹75 and ₹100 commemorative coins released today are minted by India Government Mint, Kolkata. Both coins are identical in terms of metal composition, weight and diameter. This release makes the 10th commemorative coin for 2023. India joins countries with China, France and Italy who have issued commemorative coi...

Information on Upcoming Souvenirs, VVIP Sets Scandal

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In an exclusive interview by Mr. Prem Pues Kumar with Shri Gorakhnath Yadav, Additional General Manager (Tech) at India Government Mint, Kolkata. A very useful information was provided by the mint official for collectors regarding the quality of coins and tokens, upcoming coloured souvenirs and coins, clarity on designing of coins by any individual and VVIP set scandal. The entire interview can be viewed at the above video which has been uploaded by Mr. Prem Pues Kumar at his channel ' Hobby Encyclopedia ', one of the most authentic source of information and guidance to hobby enthusiasts.

New Commemorative Coin: G20 Summit 2023

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The Government of India will be issuing commemorative coins of ₹100 and ₹75 on occasion of India's G20 Presidency . The Ministry of Finance has issued the gazette notification on 24th July 2023 confirming the same. India holds the Presidency of the G20 from 1 December 2022 to 30 November 2023. As the nation ramps up its preparation to hold the summit in 2023. India will organise more than 200 events spread across major cities, including Delhi, Chennai, Kolkata, Mumbai, etc., as part of the summit.  The theme for India's G20 Presidency is in sync with the key template of Prime Minister Shri Narendra Modi’s foreign policy - "Vasudhaiva Kutumbakam" or "One Earth-One Family-One Future". The metal composition of both the denominations of ₹100 and ₹75 coin will be  Quaternary Alloy  (50% Silver, 40% Copper, 5% Nickel and 5% Zinc). The weight of the coins will be 35 grams and 44 mm in diameter with 200 serrations at the edge. The description of the coin is as belo...

Hyderabad Mint Issues Bookings for Special Pack of AKAM Coins

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The India Government Mint, Hyderabad today opened bookings for the Azadi Ka Amrit Mahotsav coins in two special package. The special pack consist of all the five coins of ₹1, ₹2, ₹5, ₹10 and ₹20 costing ₹500 per package. These were released as definitive series to celebrate the 75th Year of Independence . Please note that these are circulation strikes and aren't Proof or UNC package. The commemorative coin is  available at Hyderabad Mint Premises as well as at the  India Govt. Mint official website .  The  Current and Upcoming Bookings  section has been updated for your reference and information.

120th Anniversary of Hyderabad Mint celebrated with a Souvenir Token

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The 120th Anniversary of India Government Mint, Hyderabad was celebrated today with commemorative souvenir token . These beautifully crafted souvenir token are made of silver and copper serve as a tribute to the rich legacy and contributions of the India Government Mint in the field of coinage and minting. Shri Sunil Kumar Sinha, CMD of SPMCIL (Security Printing and Minting Corporation of India Limited), Shri Ajay Agarwal, Director (Finance), SPMCIL, Srikara Pradhan, Chief General Manager, Security Printing Press, Hyderabad, VNR Nayudu, CGM, India Government Mint, Hyderabad, Dr. Deme Raja Reddy and others were present on the occasion while releasing the souvenir. Speaking at the event, Sinha applauded the mint’s role in preserving the nation’s numismatic heritage and emphasized it’s dedication to maintaining the highest standards of quality and security in the production of coins, medals, and other minted products. The commemorative souvenir token comes in silver with 10 grams priced ...

Mumbai Mint Opens Bookings for ₹75 Coin of IYM 2023

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The Mumbai Mint has opened the advanced booking of  ₹75  commemorative coin  in  Proof and UNC sets issued on  International Year of Millets 2023  (IYM 2023) from 13-July-2023 to 23-August-2023. The commemorative coin was released on 18-March-2023 by Prime Minister Shri Narendra Modi while inaugurating the Global Millets (Shree Anna) Conference. The Proof Set is priced at ₹3880 and UNC Set at ₹3360 for the Blister/Folder pack. For the Wooden box pack, t he Proof Set is priced at ₹4335. The commemorative coin is  available at Mumbai Mint Premises as well as at the  India Govt. Mint official website .  The  Current and Upcoming Bookings  section has been updated for your reference and information.

Hyderabad Mint to Issue Souvenir Token on its 120th Anniversary

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The India Government Mint, Hyderabad will be issuing a souvenir token to celebrate its 120th Anniversary with the numismatic meet on 13th July 2023. The programme schedule of the function is as below. India Government Mint, Hyderabad is a Unit of Security Printing & Minting Corporation of India (SPMCIL), the mint was originally established in 1803 as the Royal Mint to serve as the mint for the Nizam of Hyderabad. In 1950, the mint was taken over by the Government of India, and shifted at Cherlapally from the Saifabad in 2001, and it started operation fully.  The long cherished dream of Hyderabad Citizens fructified, as SPMCIL opened the doors of the Saifabad Mint, Hyderabad in the form of a Museum on the occasion of 75 years of independence on 7th June 2022. The exhibition on “Evolution of coins in India” has attracted a large foot fall and created interest amongst the citizens of Hyderabad.

Lokmat Newspaper Reports Release of Shri Jawaharlal Darda Coin

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The  commemorative coin  marking the ' Birth Centenary of Jawaharlal Darda ' was scheduled for release on July 02, 2023. However, it appears that there was no formal release function. As reported in the Lokmat Newspaper, it has been confirmed that the commemorative coin was indeed released. The statement reads, "In tribute to Jawaharlal Darda's significant contributions to the nation, the Government of India released a 5 Rupee postage stamp in 2005 and a 100 Rupee coin in 2023." Earlier, the Union Minister for Home Affairs and Cooperation, Shri Amit Shah, attended the Birth Centenary celebrations of freedom fighter and founder of ‘Lokmat,’ Shri Jawaharlal Ji Darda, and marked the completion of 50 years of the ‘Lokmat Nagpur Edition’ in Nagpur, Maharashtra, on February 18, 2023. Images from the Lokmat Newspaper confirm that the ₹100 coin was minted by the India Government Mint, Mumbai. However, it remains unknown whether the commemorative coin has been officially ...

New Commemorative Coin: Rani Durgavati

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A commemorative coin of ₹500 will be issued to celebrate of 500th Birth Anniversary of Rani Durgavati . The Prime Minister Shri Narendra Modi on Saturday announced that the 500th birth anniversary of Rani Durgavati will be celebrated by the Government of India at national level on 5th October 2023. Apart from the commemorative coin, a film will be made on her life and a postal stamp will be issued. Rani Durgavati (5 October 1524 – 24 June 1564) was the ruling Queen of Gondwana from 1550 until 1564. She was married to Dalpat Shah, the son of king Sangram Shah of the Garha Kingdom. She is chiefly remembered for defending her kingdom against the Mughal Empire. Concluding the address, the Prime Minister asked for the cooperation and blessings of the people to continue these efforts even further. He expressed confidence that the blessings and inspiration of Rani Durgavati will enable Madhya Pradesh to soar to new heights of development and together realize the dream of a developed India. T...