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.
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