New Commemorative Coin: Bombay Stock Exchange

The Government of India will issue a commemorative coin with a denomination of ₹150 to celebrate the 150 Years of Bombay Stock Exchange. The Ministry of Finance issued a gazette notification on July 11, 2024, confirming this coin.

BSE Limited, also known as the Bombay Stock Exchange (BSE), is an Indian stock exchange located on Dalal Street, often referred to as the Wall Street of Mumbai and the New York of India. Established in 1875 by cotton merchant Premchand Roychand, it is the oldest stock exchange in Asia and the tenth oldest in the world. As of May 2024, the BSE is the world's 7th largest stock exchange, with a market capitalization exceeding US$5 trillion.

The metal composition of the ₹150 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: The face of the coin shall bear the Lion Capitol of Ashoka Pillar in the center with the legend "सत्यमेव जयते" inscribed below, flanked on the left periphery with the word “भारत” in Devanagari script and on the right periphery with the word “INDIA” in English. It shall also bear the Rupee symbol “₹” and denominational value “150” in the international numerals below the Lion Capitol.

Reverse: This face of the coin shall bear the logo of 150 year celebration of the Bombay Stock Exchange. The inscription “1875 से निवेशकों को समर्थ बनाते हुए” in Devanagari script shall be written on the upper periphery of the coin and the inscription “Empowering Investors Since 1875” in English is depicted on the lower periphery of the coin. The year “2024” in international numerals shall be written below the logo.

Representative Image, Mint Design Varies.

Stock market enthusiasts and traders may find this theme a valuable addition to their collection. However, the proliferation of commemorative coins and their higher prices have somewhat diminished the interest of collectors, who now tend to prioritize specific themes when expanding their collections.