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Showing posts from December, 2024

MoF issues Gazette Notification for India Meteorological Department Coin

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The Government of India will issue a ₹150  commemorative coin  to celebrate the  150 Years of India Meteorological Department . The Ministry of Finance issued a gazette notification on December 31, 2024, confirming this coin. The India Meteorological Department (IMD), under the Ministry of Earth Sciences (MoES), will celebrate 150 years of service to the nation on January 15, 2025 , at Bharat Mandapam, New Delhi,  marking its establishment in 1875. The  metal composition  of the ₹150 coin will consist of Pure Silver (99.9%). The coin will weigh 40 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 th...

New Commemorative Coin: Shri Harakhchand Nahata

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The Government of India will issue a  commemorative coin  with a denomination of ₹25 to mark the 25th Commemoration of Shri Harakhchand Nahata . The Ministry of Finance issued a gazette notification on December 31, 2024, confirming this coin. Shri Harakhchand Nahata was a prominent industrialist, philanthropist, and social reformer known for his significant contributions to society and the economy. A visionary entrepreneur, he played a key role in establishing successful ventures in various industries, leaving a lasting legacy of innovation and service. Beyond his business acumen, he was deeply committed to uplifting the underprivileged, supporting educational initiatives, and promoting social welfare. His life and work continue to inspire many, embodying values of integrity, compassion, and dedication to nation-building. The  metal composition  of the ₹25 coin will consist of Pure Silver (99.9%). The coin will weigh 40 grams and have a diameter of 44 mm, featuring 2...

New Commemorative Coin: 150 Years of India Meteorological Department

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The Government of India will issue a ₹150 commemorative coin  and a postal stamp to celebrate the 150 Years of India Meteorological Department . The India Meteorological Department (IMD), under the Ministry of Earth Sciences (MoES), will celebrate 150 years of service to the nation on January 15, 2025, marking its establishment in 1875. IMD is one of the earliest government institutions specifically created for systematic weather observation, numerical modeling, and forecasting weather and climate across the Indian subcontinent.  Over the decades, IMD has played a pivotal role in advancing meteorology as a modern physical science. Its contributions have significantly influenced the field through the dedicated efforts of its employees, including scientists, technologists, and administrators, who have been integral to IMD’s illustrious journey. This milestone highlights the department's unwavering commitment to innovation and excellence in meteorological research and services, s...

Pure Silver vs Quaternary Alloy: The Evolution of Commemorative Coins

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In 2019, the Government of India issued a ₹150 commemorative coin in pure silver, weighing 40 grams, to mark the 150th Birth Anniversary of Mahatma Gandhi . This was the first time in the Republic of India coinage that a commemorative coin in pure silver featured the standard 44 mm diameter. It was followed by another pure silver coin commemorating the 250th Session of the Rajya Sabha . These coins were perceived as exclusive due to their connection to Mahatma Gandhi, a significant figure in Indian history. However, since 2023, there has been a notable shift, with the government issuing several pure silver commemorative coins. These include coins celebrating the 500th Birth Anniversary of Rani Durgavati , Khartargachha Millennium , 75th Republic Day , 90 Years of the Reserve Bank of India , 75 Years of the Supreme Court of India , Shree Swaminarayan Mandir , 150th Birth Anniversary of Bhagwan Birsa Munda Ji , 2900th Janm Kalyanak and 2800th Nirvan Kalyanak of Parshvanath Bhagwan , an...

PM Modi Unveils ₹100 Coin Honoring Shri Atal Bihari Vajpayee

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The Prime Minister Shri Narendra Modi unveiled a ₹100 commemorative coin and a postal stamp celebrating the Birth Centenary of former Prime Minister Shri Atal Bihari Vajpayee on December 25, 2024, at Khajuraho, Madhya Pradesh. In addition to Shri Modi, the event was attended by key dignitaries, including Governor Shri Mangubhai C. Patel, Chief Minister Shri Mohan Yadav, and several Union and State government ministers. Addressing the gathering, Prime Minister Shri Narendra Modi described the occasion of Bharat Ratna Shri Atal Bihari Vajpayee’s birth centenary as a remarkably inspirational day and a festival of good governance and service. Remembering Shri Vajpayee, the Prime Minister highlighted how he mentored countless individuals, including himself, and noted that Shri Vajpayee's contributions to the nation’s development will remain indelible. Shri Modi announced the commencement of work on more than 1,100 Atal Gram Sushasan Sadan buildings, with the first installment of funds...

Shri Thaawarchand Gehlot Releases Coins on Shri Parshvanath Bhagwan

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The Governor of Karnataka, Shri Thaawarchand Gehlot, alongside Jainacharya Shri Jin Piyush Sagar Surishwarji, released commemorative coins and postal stamps dedicated to Shri Parshvanath Bhagwan on December 25, 2024, at Ostara Jain Tirtham, Bhopalgarh, District Jodhpur, Rajasthan. The coins are denominated at ₹900 for the 2900th Janm Kalyanak and ₹800 for the 2800th Nirvan Kalyanak . The event was organized by the Shri Parshwanath Jinalaya Mahabalipuram Tirth Nyas and the Shri Ostara Parshwanath Jain Shwetamber Murtipujak Trust. Both coins are crafted from pure silver (99.9%), weigh 40 grams, measure 44 mm in diameter, and feature 200 serrations along the edge. While sharing the same theme, the ₹900 and ₹800 coins are distinct commemorations, reflecting their unique inscriptions and significance. This marks the first time in the history of Republic India coinage that two different coins commemorating a single individual, one for the Janm Kalyanak (Birth Anniversary) and another f...

PM Modi to Unveil ₹100 Coin on Atal Bihari Vajpayee

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The Prime Minister Shri Narendra Modi will unveil a ₹100 commemorative coin and a postal stamp celebrating the Birth Centenary of former Prime Minister Shri Atal Bihari Vajpayee on December 25, 2024, at Khajuraho, Madhya Pradesh. As part of the event, the Prime Minister will inaugurate and lay the foundation stone for several major development projects in Khajuraho, including the Ken-Betwa River Linking National Project, India’s first interlinking of rivers initiative under the National Perspective Plan. In addition, Shri Modi will lay the foundation stone for 1,153 Atal Gram Sushasan buildings, designed to enhance the operational efficiency of Gram Panchayats and promote good governance at the grassroots level. It is noteworthy that a ₹100 commemorative coin was also issued in 2018 to honor Shri Vajpayee’s Birth Anniversary . The Ministry of Finance issued a gazette notification on December 23, 2024, confirming the new commemorative coin . This release will mark the 22nd or 24th com...

Ceremony to Obtain RBI Governor's Signature for Banknote Printing

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Shri Sanjay Malhotra assumed office as the 26th Governor of the Reserve Bank of India (RBI) on December 11, 2024, for a three-year term, succeeding Shri Shaktikanta Das. Under Section 22 of the Reserve Bank of India Act, 1934, the RBI holds the exclusive authority to issue banknotes in India. As stipulated in Section 6 of the Reserve Bank of India (Note Issue) Regulations, 1935, these banknotes bear the signature of the Governor. A significant ceremonial duty in this regard is the acquisition of the Governor's specimen signature for its integration into the printing process of new banknotes. On December 12, 2024, a formal ceremony took place to obtain Shri Malhotra’s specimen signature. The event was attended by Shri T. Rabi Sankar, Deputy Governor; Shri Vivek Deep, Executive Director; the Chief General Manager-In-Charge of the Department of Currency Management, RBI; and the Managing Director of Bharatiya Reserve Bank Note Mudran Private Limited, a wholly owned subsidiary of the R...

New Commemorative Coin: Shri Atal Bihari Vajpayee Birth Centenary

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The Government of India will issue a ₹100  commemorative coin  to mark the Birth Centenary of Shri Atal Bihari Vajpayee . The Ministry of Finance issued a gazette notification on December 23, 2024, confirming this coin. Shri Atal Bihari Vajpayee was a revered Indian statesman, poet, and orator who served as the 10th Prime Minister of India. Known for his visionary leadership, Vajpayee led India through significant economic reforms and nuclear advancements. A founding member of the Bharatiya Janata Party (BJP), he was respected across political lines for his eloquence, diplomacy, and emphasis on good governance. He was awarded the Bharat Ratna, India's highest civilian honor, in 2015 for his invaluable contributions to the nation. The  metal composition  of the ₹100 coin will consist of Pure Silver (99.9%). The coin will weigh 40 grams and have a diameter of 44 mm, featuring 200 serrations along the edge. The coin's description is as follows. Obverse:  The face o...

Missing Issuance Years in Commemorative Coins

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In a recent discussion among collectors, the absence of the year on the ₹90 commemorative coin issued for the Reserve Bank of India (RBI) has sparked considerable debate. However, this is not the first time a commemorative coin has been released without an issuance year. There are several precedents for this omission, highlighting a pattern in Republic India numismatics. One notable instance occurred in 2006, when a ₹100 and a ₹5 coin were issued in remembrance of Mahatma Basaveshwara . The inscriptions on these coins featured "महात्मा बसवेश्वर" and "भक्ति – कायक – दासोह – समता" in Devanagari script, along with "Mahatma Basaveshwara" in English. Despite their detailed inscriptions, these coins did not include the year of issuance. Similarly, in 2006, another pair of coins, valued at ₹100 and ₹5, was released to commemorate the 150th Birth Anniversary of Jagath Guru Sree Narayana Gurudev . The inscriptions – "जगत गुरु श्री नारायण गुरुदेव" in Dev...

Kolkata Mint Opens Bookings for AKAM Coins Set

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The India Government Mint, Kolkata has started accepting bookings for the Azadi Ka Amrit Mahotsav coin series , featuring denominations of ₹1, ₹2, ₹5, ₹10, and ₹20. The booking period began on December 18, 2024, and is subject to limited availability. The Azadi Ka Amrit Mahotsav coins are available in Folder/Blister packages priced at ₹730. It is important to note that these sets contain UNC (Uncirculated) coins. Earlier, they were issued by the Mumbai Mint in Acrylic and Folder/Blister packages in September 2023. These are distinct from the circulation strikes issued by the Hyderabad Mint. These coins can be obtained either at the Mint Premises or through the  official website  of the India Government Mint. You can find further details and updates in the " Current and Upcoming Bookings " section for your reference and convenience.

Karnataka Governor to Release Coins on Shri Parshvanath Bhagwan

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The Governor of Karnataka, Shri Thaawarchand Gehlot, along with Jainacharya Shri Jin Piyush Sagar Surishwarji, will release commemorative coins and postage stamps to celebrate the 2900th Janm Kalyanak and 2800th Nirvan Kalyanak of the 23rd Tirthankara, Shri Parshvanath Bhagwan, at Bhopalgarh, District Jodhpur, Rajasthan, on December 25, 2024. The event is being organized by the Shri Parshwanath Jinalaya Mahabalipuram Tirth Nyas and Shri Ostara Parshwanath Jain Shwetamber Murtipujak Trust. Shri Parshvanath Bhagwan, the 23rd Tirthankara in Jainism, holds a revered place in the faith's history. The 2900th Janm Kalyanak (birth anniversary) and 2800th Nirvan Kalyanak (liberation anniversary) commemorate his spiritual journey and teachings of non-violence, truth, and asceticism. Born in Varanasi to King Ashvasena and Queen Vamadevi, Shri Parshvanath renounced worldly pleasures at the age of 30, attaining Kevala Jnana (omniscience) through intense penance. His legacy of guiding countle...

Sanjay Malhotra is the New RBI Governor for a three-year term

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The central government appointed Shri Sanjay Malhotra as the new Governor of the Reserve Bank of India (RBI) for a three-year term. Shri Malhotra, currently serving as the Secretary in the Department of Revenue, will succeed Shri Shaktikanta Das in the position, effective December 11, 2024. A notification from the Department of Personnel and Training, issued on December 9, 2024, confirmed his appointment, highlighting his distinguished career as an IAS officer from the 1990 batch (Rajasthan cadre). Shri Malhotra holds an electrical engineering degree from IIT Kanpur and a master's in public policy from Princeton University. Over his career, he has held pivotal roles, including Chairman and Managing Director of REC Limited (a Maharatna company) and Secretary in the Department of Financial Services. Since December 2022, he has served as Revenue Secretary in the Ministry of Finance, succeeding Tarun Bajaj. From a numismatic perspective, the first banknotes featuring Shri Sanjay Malho...

The Kuka Movement: The Story Behind the ₹100 and ₹5 Coins

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The then Union Finance Minister P. Chidambaram released the commemorative coin with the denominations of ₹100 and ₹5 marking 150 years of Kuka Movement on October 5, 2012, few knew that the coin was designed by Ludhiana's Mr. Jeevandeep Singh. The then Minister for Tourism and Culture, Smt. Ambika Soni, announced that an event related to the Kuka Movement would be included in the suggested list of anniversaries to be observed during the 2007-08 commemoration of the 150th Anniversary of the First War of Independence and related events. The Indian Council of Historical Research vetted the list and identified the date of the Kuka Movement event as April 20, 1872. The suggested list was circulated to all State and Union Territory Governments, encouraging them to organize functions in collaboration with all sections of society. A numismatist and resident of Chandigarh, Mr. Jeevandeep created the design in 2009 and handed it over to Sant Surinder Singh Namdhari, the vice-chairman of t...

Kolkata Mint Opens Bookings for 75th Anniversary of Constitution Coin Sets

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The India Government Mint, Kolkata, has commenced bookings for the ₹75 commemorative coin issued to mark the 75th Anniversary of Constitution . Bookings are open from today, December 3, 2024, and are available in limited quantities. Earlier, the President of India, Smt. Droupadi Murmu, along with Vice President Shri Jagdeep Dhankhar and Prime Minister Shri Narendra Modi, released the commemorative coin on  November 26, 2024,  at the Central Hall, Samvidhan Sadan, New Delhi. The ₹75 coin is available in both Proof and UNC sets, packaged in Folder/Blister options. Proof sets with MDF/Wooden Box packaging are awaited, although it's uncertain if they will be issued. The Proof Set in Folder/Blister packaging is priced at ₹3,778, while the UNC Set is priced at ₹3,558. It's worth noting that the Kolkata Mint continues to offer these coin sets at reasonable prices, ensuring accessibility for numismatists and enthusiasts alike, even amidst fluctuations in the metal market. These coin ...