Author Archives: numista - Page 2

1973 – Grow more food – 10 coin set by Bombay Mint

Posted by on March 15, 2012 7 comments

The grow more food 10 coins set was issued by the Bombay mint on August 15, 1973. It has a mint mark “B” below the date. In all 7563 such sets were issued by the bombay mint. The set contains the rare 1 rupee (10gm) coin as well. The other coins in the set are 20 Rupees (30 gms), 10 Rupees (22.5 gms), 50 Paise (5 gms), 25 Paise (2.5 gms), 10 Paise (2.3 gms), 5 Paise (1.5 gms), 3 Paise (1.25 gms), 2 Paise (1.0 gms) and 1 Paisa (0.75 gms).

1973 10 coin proof setIf you wish to purchase this set, contact us via the website.

1970 1 rupee republic of India coin

Posted by on January 3, 2012 8 comments

1 rupee coin of 1970 is one of the rare coins of republic of India. Very few coins were released in circulation and hence this particular 1 rupee coin fetches high 4 figure price in the market. There are many fakes available for few hundred rupees and generally the novice coin enthusiasts fall for such fakes.

The proof coin is also rare in nature and is available as a part of Proof set of 1970. The coin is generally available separately from the set as well but one needs to be very careful in buying such coins. The coin weighs 10 gms and is made of Nickel with a diameter of 28mm.

1 rupee proof coin 1970

Commemorative coin sets for sale over the counter

Posted by on January 2, 2012 17 comments

India Government Mint located at Mumbai (commonly known as Mumbai Mint) is selling Commemorative coin sets over the counter from January 02, 2012 at their newly inaugurated counter. The counter will be open on all working days between 10AM and 12PM.

Payment can be made either by a Demand Draft or credit/debit cards. Each person is allowed to purchase one set per variety of any theme. It is not known which sets are available for purchase through the counter. However it is highly unlikely that these will include old sets. Most probably only the recently minted coin sets may be available for sale. If anyone visits Mumbai mint for purchasing these coin sets over the counter, please do send us your feedback.

Attached below is the advertisement that appeared in Times of India.

Ad by Mumbai mint for coin sets sale over the counter

C Subramaniam birth centenary coin booking

Posted by on January 1, 2012 No comments

Kolkata mint has started the booking for Set of Rs 100/- and Rs 5/- proof and unc coins. Booking starts from January 2, 2012 and continues until February 29, 2012. Attached below is the ad appearing in leading newspapers. The proof set is available for Rs 3600/- while the unc set is available for Rs 3200/-. The coins can be booked from Mumbai Mint website located at mumbaimint.in.

C Subramaniam Coin Set 2012

25 paise coin discontinued from June 30

Posted by on June 5, 2011 No comments

RBI has notified that the 25 paise coin will no longer be a legal tender from June 30, 2011. Given the inflation in the country and constant devaluation of the currency, this move is not a surprise to many. Banks and all branches of RBI will be accepting these coins at face value until June 30, 2011.

Unofficially, these coins were not being accepted at many stores and retail outlets for past many months. However there are many in the poorer districts of India that will be affected by this move. Such coins are very famous in poor districts of Bihar, Orrisa and Uttar Pradesh where daily wage laborers earn less than Rs 20 a day. The move is going to affect pan and gutka shops in such small towns.

25 paise coins were launched in 1957 when India moved from anna system to the decimal currency system. Over the years various 25 paise coins were launched by RBI including the famous 1998 stainless steel 25 paise coin.

25 paise coin 1998 rhino

Given that these coins will no longer be in circulation, there numismatic value and interest will increase sharply. If you have some of these coins, it might be a good idea to preserve them as they are now part of history.

1973 Proof set grow more food 9 coins

Posted by on June 3, 2011 6 comments

1973 Proof set of “Grow more food” was issued by Bombay mint. The set contains the rare 1 rupee coins of 1973. This set consists of 9 coins.

1973 proof set grow more food 9 coins

If you wish to purchase this 9 coin 1973 proof set, please contact us via the website.

1972 proof set: 25th Anniversary of Independence

Posted by on June 2, 2011 12 comments

In 1972, Republic of India issued a new proof set marking the 25th anniversary of Republic of India. The proof set consists of 9 coins. It contains the 1972 1 rupee coin which is considered rare. As a result, almost 70% of the set value is due to the 1 rupee coin.

This proof set was minted in Bombay mint. If you wish to purchase this set, please contact us through the website.

1971 proof set FAO issue

Posted by on June 1, 2011 11 comments

The 1971 FAQ issue proof set of Republic of India is one of the rare sets of modern India. The set has a significant value because of the rare 1 Rupee 1971 coin which alone costs about 60-70% of the entire set value.

Food and Agriculture Organization issue 1971 proof set

The set consists of 9 coins and was minted by Bombay Mint. If you wish to purchase this set please get in touch with us with your offer.

1970 proof set : FAO 25th Anniversary

Posted by on May 31, 2011 10 comments

The 1970 Reuplic of India Proof set celebrating 25th anniversary of Food and Agriculture Organization (F.A.O) is one of the valuable sets of modern India. The high value of the set is particularly because of the 1 Rupee 1970 proof coin in the set. This coin alone costs about 60-70% of the entire set value.

1970 Proof set for 25th anniversary of Food & Agriculture organization

The set consists of 9 coins and was issued by the Bombay Mint. The price for this set is available on request. Only serious inquiries.

Coin booking: IG mint Kolkata

Posted by on March 22, 2011 82 comments

IG Mint kolkata has started booking for the following coin sets.

Mother Teresa Proof & Unc set

Rabindranath Tagore Proof & Unc set

XIX COMMONWEALTH GAMES 2010 DELHI Proof & Unc set

LOUIS BRAILLE 2 rupees Proof coin set. Following advertisement was posted in leading newspapers today.

You can book the coins at http://igmkolkata.spmcil.com/SPMCIL/Interface/SellableProducts.aspx