Rare and Expensive Coins of India

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Please note there are tons of Fake in Expensive coins. See the Articles on fakes here and here


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There are quite a few places where rare and expensive are interchangeably used. Further the usage of word Rare is so rampant in the coin collecting industry that it’s lost its meaning.

In essence rare means that something that is not easily found with most dealers. The coin may tend to be relatively expensive in its category, for example there could be coins that are rare, but are available in Rs 100 – Rs 200 range. Where as expensive would mean that the price of coin is more. This could be due to various reasons including the metal the coin is made of. For example Silver coins will always be more than Rs 1000/- but may not be rare, but easily available with every dealer.

There are less than a handful of coins that are rare in Indian coinage, in commemorative coins; there isn't a single coin that’s not available with decent dealer. In Commemorative coins, mint wise, there are a handful of coins that are rare and one would need to hunt down dealers that would have these coins.

On the other hand in definitive, there are very few dealers who stock the coins as the movement is slow. Hence even to complete a year series one would typically have to go to a specialist of Republic coins or hunt down the coins with few dealers. The problem is more compounded in case one intends to complete the series mint wise.

Rather than categorizing the coins as rare, I have tried to put together a list of coins that are expensive or valuable.


Very Rare / Expensive Commemorative Coins by Value
If one needs to complete the commemorative coins theme, the below coins would burn a hole in the pocket.

Theme
2010
2012
2014
2015
2016
1996 - Rs 2 - Neetaji Subhas Chandra Bose [*]
3500
3500
2500
2500
2500
1996 - Rs 5 - Crop Science Conference [*]
3500
7500
8500
8500
8000
2005 - Rs 5 - 75 years of Dandi March [Cupro-Nickel Issue] [1]
3000
1500
1200
1200
2000
2006 - Rs 5 - ONGC [Cupro-Nickel Issue] [1]



1000

2007 - Rs 5 - 150th Anniversary of Bal Gangadhar Tilakji
3000
1600
1500
1700
1200
2007 - Rs 5 – 150 Years of War of Independence [Cupro-Nickel Issue] [1]



3000
2500
1969 - Rs 10 - Mahatma Gandhi Centenary [*]
1100
1700
1500
1200
1000
1970 - Rs 10 - Food For All [*]
3000
3500
2500
2500
2600
1972 - Rs 10 - Independence Jubliee [*]
1100
1700
1400
1100
1000

[*] There are quite a few fake coins available in the market. Please be careful about such fake coins. This article lists some of the known commemorative fakes
[1] Most dealers sell coins broken from UNC set. There is a different circulation strike available. In all these issues, the coin broken from UNC set is cheaper than the circulation strike.

From 2011 to 2012:
The Price of Bose coin has remained more or less same. The Crop Science is going up by the day for some strange reason. The Dandi March is coming down, as there are quite a few Re-Strike UNC sets available at 3K that are broken and the silver coin is sold of for 3K and the Rs 5 coin for profit.

From 2012 to 2013:
The Crop Science is going up by the day for some strange reason with prices touching Rs 8000 for single coin. The Dandi March is coming down, as there are quite a few Re-Strike UNC sets available at 3K that are broken and the silver coin is sold of for 3K and the Rs 5 coin for profit.

From 2013 to 2014:
The Crop Science is going up by the day for some strange reason with prices touching Rs 8000 for single coin. The other coins are more or less of same price.

From 2014 to 2015:
The Crop Science is going up by the day for some strange reason with prices touching Rs 8000 for single coin. The Bose is slightly dropped price. One can get a good UNC coin for Rs 3K. The other coins are more or less of same price.

From 2015 to 2016:
Not much movement in prices.


Very Rare/Expensive Commemorative Coins by Value - Mint Wise

If one is a mint wise collector, he will have to bleed additionally to get hold of these coins. Quite a daunting task apart from the above.

Theme
2010
2012
2014
2015
2016
1982 - 25 Paise - IX Asian Games – Hyderabad –[ 1]
1000
2000
750
800
700
1982 - 50 Paise - National Integration - Calcutta
500
700
500
400
400
1985 - 50 Paise - Reserve Bank of India Golden Jubliee – Calcutta
300
500
500
400
300
1998 – 2 Rupees - Deshbandhu Chittaranjan Das – Hyderabad
30000
35000
35000
35000
-
1969 - Rs 10 - Mahatma Gandhi Centenary – Calcutta [*]
2500
3000
2000
1500
1000
1970 - Rs 10 - Food For All – Calcutta [*]
3000
5000
3500
3000
2000
1972 - Rs 10 - Independence Jubliee – Calcutta [*]
1500
2000
2000
1500
1200

[*] There are quite a few fake coins available in the market. Please be careful about such fake coins. This article lists some of the known commemorative fakes

Note:
  1. Proper 5 Star Mint Mark, The more widely available coin mis-sold as 3 Star [i.e. the bottom 2 stars are blurred] is actually Mumbai Mint mark variety. 
  2. 1993  - Rs 2 - Land Vital Resource is not included as this coin was never put in general circulation[*]
  3. 2002 - Rs 1 - Loknayak Jaya Prakash Narayan – Calcutta Mint is not listed as this is more of Die Clog than a Calcutta Mint issue.


Other Rare Commemorative Coins
  • 1974 – 10 Paise, Planned Family: Food For All – Hyderabad Mint 
  • 1982 – 10 Paise World Food Day – Calcutta Mint 
  • 1985 – 25 Piase Forestry Development – All 3 Mints [MCH] 
  • 1990 – 1 Rupee, World Food Day: Food For Future – Both the Mint [CH] 
  • 1990 – 1 Rupee, 15 years of ICDS – Hyderabad Mint 
  • 1992 – 1 Rupee, 50 years of Quit India Movement – Calcutta Mint 
  • 1995 – 1 Rupee, World Tamil Congress – Hyderabad Mint 
  • 1996 – 2 Rupees, Sardar Vallabhbhai Patel – Noida Mint 
  • 1995 – Rs 5 Tamil Conference – Noida Mint 
  • 2002 – Rs 5 Dadabhai Naoroji – Hyderabad Mint 
  • 2007 – Rs 5 Tilak Stainless Steel and Cupro Nickel

__________________________________________________________________________

Very Rare/ Expensive Definitive Coins by Value 
If one is collecting Definitive by Year Series, i.e. one coin of every year; the below would be the most expensive / valuable coins.

Definitive
2010
2012
2014
2015
2016






1954 - 1 Rupee
700
1200
1000
800
1000
1950 – 2 Anna
400
700
700
500
600
1954 – 2 Anna [*]
400
700
700
500
600
1955 - 2 Anna [*]
40000
50000
15000
20000
22000
1959 - 50 Paise
25000
45000
15000
15000
-
1970 - 1 Rupee [*]
3000
5000
4000
3000
4000
1982 - Rs 1 Coin [Small coin first issue] [*]
40000
35000
20000
15000
-
2004 - 1 rupee (Unity in Diversity)
300
550
400
300
300
2007 - 5 Rupee Unity in Diversity
100
750
750
700
600

[*] There are quite a few fakes of these coins. Refer to the post on Definitive Fakes for some of the known fakes.

Rare/Expensive Definitive Coins by Value, Mint Wise
If one collects by Year / Mint wise then the below coins are expensive and rare.

Definitive
2010
2012
2014
2015
2016
1953 - 1 Pice Hyderabad Mint
8000
25000
10000
8000
-
1954 - 1 Pice Hyderabad Mint
2000
2500
2000
3000
3000
1980 - 25 Paise, Mumbai Mint
20000
30000
23000
-
-
1988 - 50 Paise, CuproNickel, Noida Mint
5000
12000
13000
-
-
1989 - 25 Paise, CuproNickel, Hyderabad Mint
1000
6000
3000
2000
2000
1993 - 25 Piase, Hyderabad Mint
2000
4500
2000
2000
-
1993 - 50 Paise, Mumbai Mint
1000
600
500
500
-
1993 - 50 Paise, Hyderabad Mint
1000
600
500
500
-
2004 - Rs 5, Hyderabad Mint
100
500
300
300
200

Note:
1. The Rs 1 coins from 1971 to 1974 are not listed as these were never available for circulation

Relatively Rare Definitive Coins

  • 1954 – 1 Pice – Hyderabad Mint
  • 1955 – 1 Pice – Hyderabad Mint
  • 1950 – 2 Annas
  • 1954 – 2 Annas
  • 1955 – ¼ Rupee
  • 1964 – 5 Paise – Hyderabad Mint
  • 1966 – 1 Paise – Calcutta Mint
  • 1967 – 10 Paise – Hyderabad Mint
  • 1967 – 25 Paise – Mumbai Mint
  • 1969 – 2 Paise
  • 1969 – 5 Paise 
  • 1973 – 10 Paise – Hyderabad Mint
  • 1974 – 10 Paise – Hyderabad Mint
  • 1976 – 10 Paise – Calcutta Mint
  • 1978 – 50 Paise – Mumbai Mint
  • 1980 – 50 Paise – Calcutta Mint
  • 1983 – 50 Paise
  • 1984 – 25 Paise – Hyderabad Mint
  • 1989 – 50 Paise – Calcutta & Hyderabad Mint
  • 1991 – 10 Paise – Aluminium – Calcutta Mint
  • 1992 – 2 Rupees – Cupro Nickel – Noida Mint
  • 1993 – 10 Paise – Aluminium – Calcutta Mint
  • 1993 – 50 Paise – Mumbai Mint
  • 1997 – 10 Paise – All Mints
  • 1998 – 10 Paise – All Mints

Note: If Mint mark is not specified, then its issued from Only one Mint.

20-Aug-2013: The 1969 - 5 Paise from Mumbai mint is not longer rare. If news is to be believed someone found a hoard of these coin. It goes to show that price fluctuations can at times create havoc. Something that the investors should know. For collectors it is always a good thing to get hold of coins cheaper.

58 comments:

  1. The Rs 5 Cupro Nickel Dandi March coin is rare and expensive even today.

    The Rs 5 Stainless Steel Dandi March is a common coin. After 10 / 20 years maybe some one will be willing to pay Rs 20 to Rs 30 ... it will not gain much value ...

    ReplyDelete
  2. sir, on the above post you said-
    The Rs 1 coins from 1971 to 1974 are not listed as these were
    never available for circulation.
    To kya 1971-1974 sal ke 1rupee coin reserve bank e banaye nahi?

    ReplyDelete
    Replies
    1. 1 Re coins of 1971 to 1974 were only minted as Proof Set Coins (in limited numbers) and these coins were never in circulation.

      Delete
  3. 1971 to 1974 RBI did not mint coins for general circulation. The coins were available only as part of Proof Sets.
    Matlab sift Proof set ke liya jitne chaiya the utne he banaya ...

    ReplyDelete
  4. Dear Sir, what is the price for 10 rupees notes have 3 peacocks. and where i can sell it in jharkhand?mail me at murmu_michael@rediffmail.com

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  5. The 3 peacocks note is fake. Read the post on Fake Currencies of India

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  6. sir, 2007 tilakji 5 rupees coin, which mint is rare?

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  7. Tilak-ji comes only from Mumbai mint and its expensive. Currently going around Rs 1500/-. The normal Tilak in Cu-Ni and Steel are also from Mumbai and are in the range of Rs 200

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  8. hello

    I have one rupee coin of year 1971 but I don't find a mention in your log sheet. Is it fake? if not, does it have any value.

    ReplyDelete
  9. The 1971 coin was struck as Proof and is available in the Proof Set. Loose coins broken from Proof set is also available. The price would be around Rs 10K to 15K. Read the 1971 World Food Day post in the Proof set tab.
    There are quite a few fakes of this coin. Read the fake coins general article.

    ReplyDelete
  10. Thanks. Does not feel like a fake. will go thru fake coins article. Was gifted to me by my grandmother

    ReplyDelete
  11. sir what may be the market value of a 2 rupee 2012 6"o clock die rotation error coin.
    thank u

    ReplyDelete
  12. Price for error coins is hard to predict, one never knows what fancies whom ... it depends on how desperate and rich the buyer is and can you find the right collector ... there are few serious collectors and they can pay anything between Rs 500 to Rs 2000 ... otherwise anyone else around Rs 200 to 300

    ReplyDelete
  13. Sir, I possess 10 rs note with 3 peacock of RN Malhotra; 10000 rs note of HVR Iyengar & B Rama Rao ; 100 rs note of PC Bhattacharya, HVR Iyengar & M Narasimham : and lastly 5 rs note of PC Bhattacharya & S Jagannathan. I want to sell these notes. Pls tell me how much each would cost ? And where can I sell them in any state in India ?

    ReplyDelete
  14. The 3 peacock note is fake. The Rs 10,000 notes if Original can be worth a fortune [around 30 to 50 K depending on condition]. For other notes refer to the Excel in download section.
    The 20 paise of 1970 is few rupees, the 71 & 72 are fakes. Read the article on selling coins.

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  15. 10 rs note of governor R N Malhotra, is it fake ? Pls specify.

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  16. @benjamin soren ... there is no 3 peacock note from anyone. Read the article http://coinsofrepublicindia.blogspot.com/2012/03/fake-indian-coins-and-currencies-part-3.html

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  17. how to check DESHBANDHU C DAS coin is from hyd mint

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  18. Read the article on mint marks on India coin

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  19. hi, is there any numismatic value attached to the old circulated coins. is there some place where a list could be found.

    regards
    karan

    ReplyDelete
  20. For coins NOT listed here, not much Refer to the Excel at http://coinsofrepublicindia.blogspot.in/p/downloads.html ... it has prices guide for all the coins.

    ReplyDelete
  21. r all coins of year 1971,72 and 85 found are fake.is there any chance of having an original one? you say it was only published as proof set but were any proof set coins sold or missing and can any person have it, a common man. and sir what is the actual price because all o have heard is rumors. many say its value is in c. i just want to know is that right.

    ReplyDelete
    Replies
    1. I HAVE THE PROOF COINS FROM 1971 TO 1974 EACH BOUGHT FOR 15K

      Delete
  22. Read the article on Fake Coins. The coins from 1971 to 1974 were only in Proof. Quite a few Proof sets were broken as some collectors only collected Silver Coins and other coins were then purchased by other collectors. It coming into the hands of ordinary collector is quite unlikely. The 1984 / 85 Big Coins are fakes as these were replaced by smaller coins from 1982/83

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  23. Hi,I really think a revision on the price you have given for the coins in this list of rare and very rare is long due for I personally have seen people getting misguided by it.

    ReplyDelete
  24. @Alexander. Yes its a bit dated. Prices in last few years have come down from a peak of 2011/12. Let me see when I find the time.

    ReplyDelete
  25. is the 5 rupee cross coin available in circulation?

    ReplyDelete
  26. Can one rupee coin of1978-1982 can be of 10 gms

    ReplyDelete
  27. The 1962 rupee in the range of Rs 50 to Rs 100. The right weight of 1975 to 1982 coins is 8 gms. There could be error coins that weight more. There are also known fakes that weight 10 gms.

    ReplyDelete
  28. May you please tell us that who is selling 2009 5 rupee Noida mint coin @ 500/-. We want to buy

    ReplyDelete
  29. Hi I find 1998 coin of 10 paisa listed as rare.
    What would be the price of same

    ReplyDelete
  30. sir if u know morething about stamp please write some notes and matter about indian stamp ,,, indian stamp value ..in u wep ....if u have time ...by aru..

    ReplyDelete
  31. Hello Sir,

    Can you provide the current market value in the year 2015 and can the same be updated in the excel sheet. It will be helpful for us

    ReplyDelete
  32. International Youth Year 1985 one Rupee coin of Hyderabad Mint is also Extremely Rare.
    Hence request your goodselve to kindly incorporate in your above list.

    ReplyDelete
    Replies
    1. Thanks, not yet fully convinced about the issue as I have only seen 2 specimen

      Delete
  33. I have 1943 1 pice hole coin.Is it rare?What is its value?

    ReplyDelete
  34. I have 2 Rs CHITTARANJAN DAS coin what is the present value of the coin. Thank you.

    ReplyDelete
  35. I would like to know my coin collection value. I have nizam coins, British period coins and many other coins with me. I belong from hyderabad is there any organisation which helps me in valuing my collection. Thank you.

    ReplyDelete
  36. Hello admin sir i have more coins then you suggest me fare coin prize

    ReplyDelete
  37. I have 1882 1 rupee coins,which is having queen's replica in it,i need to know its value in today's market

    ReplyDelete
  38. Admin has to respond for any queries we ask guys...wht u say?

    ReplyDelete
  39. I have 3 coin 0ne rupee 1975 1976 weight 8grams please tell me rate now 2016

    ReplyDelete
    Replies
    1. 8 gram one rupee coin of 1975 to 1982 is not rare. Rate is 10-20 rs per coin

      Delete
  40. i have one coin of 1953 - 1 Pice Hyderabad Mint what is the price and what is the procedure to sell coin

    ReplyDelete
  41. Hey ,I have a coin which is mounted on only one mounted side and the other is bald. It is written as Mahatma Gandhi with his picture. It also has a hole in its top side as if it is a dollar. Can you tell me what coin it is

    ReplyDelete
  42. Sir can u give all coin list of india from the starting.

    ReplyDelete
  43. Sir , I have the 10 rupees big coin of 1945 - 1947 silver how much money I get ?? And the right place to sell

    ReplyDelete
    Replies
    1. I don't think there is any rs 10 coin with that date

      Delete
  44. Dear Sir,
    I am seeking 1 rupee 1982 small coin,I met one dealer and he offered me @13.5k rupee(final price)

    Is it appropriate price to buy?

    Appreciate your help in advance

    ReplyDelete
    Replies
    1. Price is factor of demand, supply, coin condition. There are fake Coins. If you don't trust the dealer don't buy.

      Delete
  45. New 500 note with star is it rare?
    N if its rare thn tell me price

    ReplyDelete
  46. Hai am sell my 10 rupees 3 peacock note and 20 rupees asoka chakkara note

    ReplyDelete
  47. 5 rupee indra gandhi 1 rupee rajvu gandhi
    5 rupee nehru 10 rupee gold and silver mahatma gandhi 50 paisa with out cap nehru 1rupee with out cap nehru all coins available

    ReplyDelete
  48. Sir,

    Could you please throw some lights on 2009 Noida mint 5 rupees coin as what is fantasy about this coin!!!

    ReplyDelete
  49. I have a 25 paise IX th Asian games coin, but it do not show year of minting and have a dot between 19 & 82. Is it a fake?

    ReplyDelete
  50. Dear sir.
    I am from Bangladesh. I have one Ramdarbar 557 ad coin.I want to sell it i am not sure about the worth is there can you help me. Email:gmtrading81@gmail.com
    My number is following +8801715091233
    Thanks

    ReplyDelete