Beekar-The-Numismatist About This BLOG
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Beekar-the-numismatist About this BLOG 1.) THE QUICKEST CIRCULATING COIN OF INDIA 2.) METAMORPHOSIS OF 1 RUPEE COINS OF INDIA, 1835 TO 2011 3.) REGULAR ANNA/ PICE SERIES COINS OF REPUBLIC OF INDIA 4.) DECIMAL 1, 2, 3, 5, 10, 20, 25, 50 PAISE REGULAR COINS 5.) DECIMAL 1, 2, 5, 10 RUPEES REGULAR 6.) REGULAR CROSS COINS, ISSUED IN INDIA 7.) 5, 10, 20, 25 PAISE COMMEMORATIVE COINS OF INDIA | 8.) 50 PAISE COMMEMORATIVE COINS OF INDIA 9.) 1 RUPEE COMMEMORATIVE COINS OF INDIA 10.) 2 RUPEES CIRCULATING COMMEMORATIVE COINS OF INDIA 11.) 5 RUPEES CIRCULATING COMMEMORATIVE COINS OF INDIA 12.) 10 RUPEES CIRCULATING COMMEMORATIVE COINS OF INDIA 13.) MINT ERROR COINS OF INDIA 14.) THE MULE COINS OF REPUBLIC INDIA 15.) THE FAKE COINS OF INDIA 16.) AN INTERESTING 100 RUPEES NOTE About This Blog Dear Friend, Thank you for visiting my blog. I have been collecting coins of India from my child hood days. At that time, no internet was there, what to speak of internet, even no reference books on coin collection, were available with me. I simply collected coins from circulation, choosing only by different designs. After buying a reference book on coins, “Nineteenth & Twentieth Century Coins of India”, written by Mr. D Chakravarty of Kolkata, I gained a good knowledge about the science of coin collection. After getting a broad- band connection, I had the privilege of accessing the Internet and got a chance to visit many sites on coin collection and learnt many facts about coins. As I am a teacher by profession, I wished to share my knowledge about coins with my fellow collectors and I presume that I have achieved my aim to some extent by starting this blog. I have tried to post the facts and figures needed by collectors of coins. You, as a guest to this blog, are the right person to impartially judge about how far I am successful in my mission. This blog has not been created by me to show up my collection; rather it is a knowledge sharing platform. Coin photos from many other collector friends are also placed in this blog for knowledge sharing purpose and help of those collectors are duly acknowledged by me. If you have any interesting coin with you in your collection and wish to share it with others, you are cordially invited to join hands with me and let us all try to push Indian Numismatics to a new height. To see detailed description and photographs about any topic please click the link placed on the top of any page under the heading "Beekar-the-Numismatist". The photographs of the coins, not collected by me, are not given. Your creative suggestions, criticism are cordially invited for the improvement of the matter furnished in this blog. To err is human. If you find any errors anywhere, please feel free to point out those errors, so that those would be removed as early as possible. 1.) THE QUICKEST CIRCULATING COIN OF INDIA The 5 Rupees. “Connectivity and IT” coin: In the years 2007 and 2008, India issued a new steel coin in the denomination of 5 rupees. Details about this coin: Metal: Ferritic Stainless Steel (Iron - 83% + Chromium - 17%) Weight: 6 Gms Diameter: 23 mm Obverse: The face of the coin is divided into three portions with two horizontal lines. The center portion bears the "Lion Capitol" of Ashoka Pillar with the legend "Satyameva Jayate" inscribed below. The top portion contains word "Bharat" in Hindi and "INDIA" in English and bottom portion contains the Year of issue in International Numerals. Reverse: The lower periphery of this face of the coin contains the two visual metaphors which depicts the smooth fluid mass representing the ceaseless flow of data/information in the ether. In the center, Denominational Value "5" in International Numerals and in upper periphery the word “Rupaye" in Hindi and the word "Rupees" in English. Shape: Circular Edge: Security The 50 Paise “ Bharat Natyam” coin: In the years 2008, 2009 and 2010, India issued a new steel coin in the denomination of 50 Paise. Details about this coin: Metal: Ferritic Stainless Steel (Iron - 83% + Chromium - 17%) Weight: 3.75 gm Diameter: 22mm Obverse: Almost same as the 5 rupee Connectivity and IT coin. Reverse: A clenched fist with value “50” in International Numerals Shape: Circular Edge: Plain Comparison between these two coins: Both the coins are of the same shape, same metal and same Obverse. The difference between the diameter and weight is negligible. Though the reverse and the edge of both the coins are different, both the coins are identical to each other in many respects. Reaction of the public towards this 5 rupee coin: As both the coins are identical to each other in many respects, it becomes difficult for general public to differentiate between these two coins at the time of transaction. As a result, most of the public (almost 99 out of 100) have wrongly given this 5 rupee coin as a 50 Paise coin to other persons, hence incurring a financial loss. Hence almost every person dislikes either to handle this 5 rupee coin or to keep this coin with them, due to the fear of incurring financial loss at some time. So almost every person (not the coin collectors) tries to get rid of this idiotic 5 rupee coin at the earliest opportunity. Hence this 5 rupees coin is the quickest circulating coin of India. 2.) METAMORPHOSIS OF 1 RUPEE COINS OF INDIA, 1835 TO 2011 Uniform coinage of India: Prior to 1835 A.D., the East India Company issued coins in Bengal Presidency, Bombay Presidency and Madras Presidency. These coins were circulated in local area for use in the local trade. For any particular value, the coins circulated in different areas of India were of different weight, fineness and size. In order to remove this chaotic condition, East India Company decided to introduce a uniform coinage in the territories of the company. All the details of the new coinage were laid down by Act XVIII of 1835. As per this act the weight of the rupee coin was standardized at 180 grains troy (1 Tola) and its fineness at 11/12 (i.e. 165 grains of pure silver and 15 grains of alloy). The rupee coin would bear the effigy of the then king of United Kingdom. Standard Silver Rupee: Specifications Weight- 180 grains Metal composition- 165 grains of pure silver and 15 grains of alloy Diameter – 1.3” Shape - Circular Edge – milled Obv - effigy of the then king or queen of United Kingdom Rev – Value of the coin 1835 – 1840 (King William IIII) Obv - Head of William IV with the legend “WILLIAM IIII KING” Rev – Value of the coin in English and Persian with the legend “EAST INDIA COMPANY” All other specifications are same as described above. 1840, (First issue) (Queen Victoria – Continuous Legend) Obv – Uncrowned head of Queen Victoria with the continuous legend “VICTORIA QUEEN” All other specifications are same as described above. 1840 - 1861, (Second issue) (Queen Victoria – Divided Legend) Obv - Uncrowned head of Queen Victoria with the divided legend “VICTORIA QUEEN” Dia – Changed from 1.3” to 1.2” All other specifications are same as described above. After the Indian mutiny in 1857, the administration of India was transferred from East India Company to a Council of state under British crown. In the year 1858 Victoria was proclaimed as the queen of Great Britain and colonies. 1862 - 1876, (Queen Victoria, Crowned head) Obv - Crowned bust of Queen Victoria in place of uncrowned head design of the earlier issues with the divided legend “VICTORIA QUEEN” Rev – Value of the coin in English only. Legend “EAST INDIA COMPANY” removed All other specifications are same as described above. On 1.1.1877 Queen Victoria assumed the title of “Empress of India”. Hence the inscription on the Rupee and other coins was changed from “Victoria Queen” to “Victoria Empress”. 1877 - 1901, (Victoria Empress) Obv - Crowned bust of Victoria Empress with the legend “VICTORIA EMPRESS” All other specifications are same as described above. 1901 - 1910, (King Edward VII) Obv – Uncrowned head of King Edward VII with the legend “EDWARD VII KING & EMPEROR” Rev – Crown of the king, coin value in English and Persian and a floral design. All other specifications are same as described above. King George Variable was coroneted on 22nd June, 1911 after the death of his father King Edward VII. Rupee coins were issued bearing his effigy from 1911 to 1922. No rupee coin was issued from 1923 to 1936. 1911 - 1936, (King George V) Obv – Crowned head of King George V with the legend “GEORGE V KING EMPEROR” Rev – Coin value in English and Persian with date surrounded with a floral design. All other specifications are same as described above. King George VI was coroneted in 1937. Rupee coins were issued bearing his effigy from 1938. 1937 - 1939, (King George VI) Obv – Crowned head of King George VI with the legend “GEORGE VI KING EMPEROR” Years of Issue – 1938, 1939 All other specifications are same as described above. Quaternary Silver Rupee: The 2nd World War started in 1939. Due to the war the price of silver rose high. The metal value of the silver rupee coin surpassed its face value. Hence the Government decided to issue rupee and other Standard Silver coins in quaternary alloy. 1940 - 1945, (King George VI) Metal composition - Quaternary alloy (50% silver, 40% copper, 5% Nickel and 5% Zinc) Edge – Security Years of issue – 1940 to 1945 All other specifications are same as described above.