News and Info - 2015


31-Dec-2015:
The debate on Notes continue with new recommendations being that of Dr Ambedkar and Swami Vivekananda on notes. Read the story in Economic Times.
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27-Dec-2015: A revised list of Mint Sets, Commemorative, Definitive and Currencies is available in the download section.

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26-Dec-2015:
On the occasion of Dr.Parmeshwari Lal Gupta's 101st Birth Anniversary; a bunch of enthusiasts have come up with a token in Bi-Metallic. The design also looks promotional of the very little known company Adiman that is looking to make big in the world of collectibles.


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21-Dec-2015: Not to be left far behind, there is a fake of 1982 small Rs 1 coin to give company to the other fakes of similar category [viz Crop Science, 1996 Bose, Land Vital]. Its highly recommended that one buys this coin from a trusted dealer.

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19-Dec-2015: The revised e-book on Proof and UNC sets details from India is available as a PDF on google drive here. The link is also available in download section.
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10-Dec-2015: As a new year and Christmas gift, Mumbai mint has opened bookings for Ambedkar and Golden jubilee sets. Proof at 3700 and UNC at 3010. Still no sign of tons of other releases. Please refer to Coin Booking Advert Post for more details. If you are booking for the first time read this post.
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8-Dec-2015: The 50 paise coins are back with year as 2015. Looks like it's still alternate years.
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6-Dec-2015: The Prime Minister, Shri
Narendra Modi releasing the commemorative coins on Dr. B.R. Ambedkar, in New Delhi. For more details refer to the Post.
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6-Dec-2015:
Hopefully the coins of Dr Ambedkar will be released today.
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1-Dec-2015:
The Hyderabad mint come up with bookings for Single Coin sets of Komagata Maru, Mahatma Gandhis Return from Africa, Nehru and Yoga. The bookings are open from 1-Dec-2015 to 31-Jan-2016. Please refer to Coin Booking Advert Post for more details. If you are booking for the first time read this post.
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30-Nov-2015:
With tons of fake coming out in the market for the first time in 2015, I was wondering as to why this issue was left out as it’s the most expensive coin of republic India. The lettering are a obvious give away. I haven’t given much weight to the Lion and its possible that this is more because of imaging than the Lion looking distorted.

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26-Nov-2015: The 1st Constitutional Day was celebrated today. A good opportunity to release the coins on Dr Ambedkar, however looks like this will have to wait for some other day.
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22-Nov-2015:
Looks like things are very much in progress to release a coin on 100 Years of Banaras Hindu University. Recently a coin design competition was held to finalize the designs. More here
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20-Nov-2015: Looks like its time to bid good by to the coin collecting hobby. One one had the mints are releasing huge number of issues making it difficult to keep pace. On the other hand there are tons of well made fakes coming into the market that one really needs to be very alert.

Came across this fake of 1981 Rs 100 coin on International year of Child.


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16-Nov-2015: Its been nearly 2 months since the Rs 5 coins of Golden Jubilee of 1965 Operations were put into circulation. However these are yet to make it to main stream collectors or dealers in Mumbai / Kolkata / Delhi. There are a few dealers who have managed to grab this coin and are selling it for a huge premium. The question really is; are these minted in limited quantity and hence rare ... that's what most of dealers would like us to believe and pay the premium. However the reality could be a case of skewed distribution. More often than not by random method of distribution adopted by RBI centers, the coins at times reach local / rural markets rather than city centers. There is no craze in such locations and most often go un-noticed. This should be a reminder that quite a few Republic India coins that are supposed to be rare more often turn out to be skewed distribution.
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7-Nov-2015: Coins finally released at a very huge premium. However with a date on the coin, will this also be collected by collectors, only time will tell. Some more images here
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4-Nov-2015: The Govt is launching the Indian Gold Coin along with other Gold Schemes. "About 15,000 coins of 5gm, 20,000 coins of 10 gm and 3,750 gold bullions will be made available through MMTC outlets". It would have Ashoka Emblem on one side and possibly year and Indian Gold Coin on other side.
More details here and here.



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31-Oct-2015: The Rs 5 Crop Science Circle coin amongst the most expensive circulation commemorative, no wonder there are fakes as well coming into circulation.



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29-Oct-2015:
The coins got released today by Prime Minister Shri Narendra Modi at a function in New Delhi on the occasion of 3rd India Africa Summit. More here.
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27-Oct-2015:
The coins are likely to be released as scheduled on 29-Oct. In a first, a coin of Rs 500 will be released. The design would be the logo of India-Africa summit .
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19-Oct-2015: Got my Hyderabad Mint Coins. Well the Tulsi coins that I have looks to be with right images. Image in a week or so once I get back to base.
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18-Oct-2015: I haven't yet got my Hyderabad Mint coins. However if the new paper story is to be believed, there was a error in the package of the Coins of Rs 5 Acharya Tulsi. The image shown was of Acharya Mahapragya instead of Acharya Tulsi. So watch out your sets you may have an error set in your hands.


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12-Oct-2015: It what looks to be a first, we should hopefully have a coin of Rs 200 denomination on the 200th Birth Centenary of Tatya Tope. Although the Birth year is 1814, the coins may make it only in 2015. It would be good to see what the date on these coins would be.
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5-Oct-2015: Finally the Kolkata Mint Website has started showing the Azad and Begum Akhtar coins in the booking window. Its still not clear if the bookings will get closed as originally planned on 17-Oct or will get extended. Anyway an opportunity for people who missed booking these coin sets.
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3-Oct-2015: Kolkata Mint has Re-Issued an Advert for booking coins. The Adv contains the 3 sets [BHEL/Swami/Tata] that are still open for booking along with the 2 older sets of Begum and Azad. There is no due data mentioned, so not clear whats happening here. Quite confusing in the way the Adv is put out.



26-Sept-2015: New security features on notes to help Blind and also to make forging difficult.
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25-Sept-2015: If Economic times is to be believed, the Govt will soon be releasing the coin on 125th Birth Anniversary of Dr Ambedkar.
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24-Sept-2015: The coins of 1965 war have hit the market, people around Fort Mumbai watch out the change you get back when you have a cup of tea.
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23-Sept-2015: The Govt is all set to release Gold Bullion Coin with Ashoka Emblem. Not sure if this is a wise move, supposed to save Gold imports that I fail to understand.
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15-Sept-2015: Looks like the Hyderabad Mint is dispatching the coins booked in Feb-Mar this year. Some have already started receiving the Rs 10 set of 60 years of Parliament.

15-Sept-2015: The 8th release function this year saw the coins on Golden Jubilee of 1965 Operations. A very refreshing coin design and very nicely done.
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9-Sept-2015: It looks like commemorative coins will be released for the upcoming India Africa Summit to be held between 26 to 29 October. The coin denominations will likely be Rs 500 and Rs 10. Not sure the significance of Rs 500 coins being issued for the first time.
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4-Sept-2015: Looks like the next years Calendar would also be quite busy. The Govt is looking at releasing a coin on Banaras Hindu University.

4-Sept-2015: The 7th formal release function, 8th if you count the Golden Jubilee; saw the coins of Rs 125 and Rs 10 being released on the occasion of 125th Birth Anniversary Dr S Radhakrishnan
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3-Sept-2015: As per the RBI Press Release, Coins in Rs 5 denomination to commemorate "Golden Jubilee of Indo-Pak War 1965" will be put into circulation. There was no release ceremony or news of a Silver Coin of Rs 50.
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2-Sept-2015: Looks like there is not going to be any Rs 15 or Rs 25 notes.
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1-Sept-2015: As per an article in Indian express is to be believed the coins on Dr S Radhakrishnan would be released on 4-Sept. Read full story here.
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29-Aug-2015: In for yet another coin this year? If newspaper story is to be believed, Govt would be releasing a coin to commemorate 125th Birth Anniversary of Dr Ambedkar. Read the story here.
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24-Aug-2015: The coins of Rani Gaidinliu were release today by Prime Minister Shri Narendra Modi at a function held in Vigyan Bhavan in New Delhi. More details here.
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22-Aug-2015: Looks like Rani Gaidinliu will be released on 24-Aug.
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22-Aug-2015: Some members have started to get the Begum Akhtar sets. Keep a watch for the postman
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18-Aug-2015:
Finally the products are visible on the Kolkata Mint website. Happy bookings. Hopefully one does not encounter issues of cards not working :)
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17-Aug-2015:
Disappointing Monday. The Kolkata Mint website still does not show the products for bookings. Hopefully as usual, this should be sorted out in couple of days.
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15-Aug-2015:
As an Independence day Gift, the Kolkata Mint has come up with the Adv for bookings of the following Sets. The Bookings are open from 17-Aug-2015 to 17-Oct-2015.
1. 175th Anniversary of Tata - Proof at Rs 3893 and UNC at 3440.
2. Swami Chinmayananda - Proof at 3878 and UNC at 3419
3. BHEL - Proof at 3434 and UNC at 2975
Strangely the price of Swami Chinmayananda set is cheaper than Tata. Looks like it's cheaper to strike a Rs 10 coin vs a Rs 5 coin :). The BHEL Rs 50 coin is going to be lighter than usual silver coins.
Refer to Coin Booking for more details. As usual you can book the coins via demand draft and post it, or online via the mint website at http://igmkolkata.spmcil.com. If you are a first time Please read the article here.
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3-August-2015:
The goof up of printing the currency notes with Subba Rao has been caught by CAG. Will we see other denomination only time will tell.
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1-August-2015:
The post man paid a surprise visit. He got me the long pending sets of Dr Syama Prasad that I had booked in 2013. Finally after a long wait and quite a few mail chases the sets arrived.
Also received the sets of Maulana Abul Kalam Azad. Overall a happy weekend
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31-Jul-2015: Looks like the Government is progressing with printing Rs 1 notes. This is inspite of cost of printing Rs 1 note is Rs 1.14
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30-Jul-2015:
As per the RBI press release the Rs 10 coins on International Yoga day have been put into circulation. Well those living in fort area Mumbai need to go out more for a cup of tea to grab the coin :)
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18-July-2015:
Looks like the Currency notes are being redesigned. Yet another news after quite some time. Whether we would really get new designs or not is not known.

  • Hampi's stone chariot will appear on the Rs 10 notes
  • Red Fort in Delhi will appear on the Rs 20 notes
  • Sun temple in Konark will appear on th Rs 50 notes
  • The Taj Mahal in Agra will appear on the Rs 100 notes
  • The Goa Church and Convents will appear on the Rs 500 notes
  • The Ajanta cave temples, Padmapani painting of the cave temples will appear on the Rs 1000 notes

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18-July-2015:
There is quite a bit of commotion with High Court asking RBI and Online Sites like eBay, OLX, Quikr etc to stop selling Notes and Coins as its violation of Indian laws. Whether its good or bad for collectors only time will tell.
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18-July-2015:
Although there is much push by University of Mysore to get a coin released, I don't think its going to happen. There are quite a few older universities and we didn't have a coin for them. I don't think Govt would want to start with Mysore.
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5-July-2015:
Keep a watch for the postman, the Maulana Abdul Kalam Azad are being dispatched.
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26-June-2016:
If RBI press release is to be believed, then the numbering of the notes will soon change.

The Reserve Bank of India has issued ₹ 100 denomination banknotes in Mahatma Gandhi Series – 2005 with a new numbering pattern. Now the numerals in both the number panels of these banknotes will be in ascending size from left to right, while the first three alphanumeric characters (prefix) will remain constant in size.


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21-June-2015:
In what is a  first, the coin booking adv appeared in Today's paper before the Coin Release Ceremony. In what also seems to be first, the coins will also be available from the Mumbai Mint Counter. The Price of Proof is at Rs 3700 and UNC at 3010.
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09-Jun-2015: If PIB is to be believed the coins on International Yoga Day in denomination of Rs 10 and Rs 100 will be released on 21-June-2015.
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31-May-2015: The government is expected to save foreign exchange worth Rs 1,500 crore by commissioning two new bank paper lines in Hoshangabad and Mysore for indigenously printing Indian currency. Full stroy here
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28-May-2015:
The 1964 Bhoothalingam FAKE note is in vogue these day. Some are crude ones that I have seen on eBay. This one is well done fake. For more fakes read this post


https://www.facebook.com/photo.php?fbid=700175110088701&set=gm.936678579686454&type=1&theater

Dear member please read article carefully about ( S.Bhoothalingam ) 1964 one rupee counterfeit notes.......This is the opinion by Mr.Joe Boling of USA....He is an expert on counterfeit banknotes and PMG grading company of USA had also been confirmed these are counterfeit notes....thanks
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27-May-2015:
Well the collectors are going to be very poor lot by the year end. If the PIB is to be believed, there will be quite a few commemoratives this year. Full article
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26-May-2015:
The postman smiled and got me the Acharya Tulsi coin sets. Good Strike. Images will be updated soon in the Proof/UNC section. Yet to see the light of delivery for my Syama Prasad sets from Kolkata Mint, its more than 2 years and still counting.
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24-May-2015:
Looks like coin design of Nabakalebar Rath Yatra is agreed.

24-May-2015:
If news story is to be believed, the First International Yoga Day will be held on 21-June and coins or Rs 10 and Rs 100 would be issued. More here
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12-May-2015:
The bookings for Acharya Tulsi coins will close in few days, please book if interested. In a surprise the Mumbai Mint is already dispatching the sets before the bookings have closed. Quite efficient I would say.
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8-May-2015: Coins of Rs 100 and Rs 10 were released on the occasion of Birth Centenary of Swami Chinmayananda. The coins were released by Prime Minister, Shri Narendra Modi at a function, in New Delhi. More here 
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24-April-2015:
If Times of India is to be believed, there will be a flurry of coin releases this year and next year. Pandit Deendayal Upadhyay and Biju Patnaik will be commemorated in 2016 - on their 100th birth anniversaries. Bhisham Sahni this year & Tatya Tope, assuming 2015 to be his 200th birth anniversary. Lala Lajpat Rai on his 150th birth anniversary and Rajput ruler Maharana Pratap on his 475th birth anniversary. Read the full newspaper article here.
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16-Apr-2015:
The RBI has put out a press release that the coins of Rs 10 on Centenary of Mahatma Gandhi's return from South Africa will be put into circulation.
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5-April-2015:
To my surprise the Oswal Auction lists
Lot No. : 53.289 UNC Single coin set, “Ter-Centenary of Gur-Ta-Guddi”, Mumbai Mint, Rupees 10 at Rs 2500
53.291 2009, Proof of Single coin set, at Rs 3000
53.292 2009, Uncirculated Single coin set, “Saint Alphonsa Birth Centenary” at Rs 2000

Not sure if this is an error or intentional, all these coins are in the range of Rs 300 to Rs 500. But then having burnt my fingers once with Oswal, its difficult to believe.
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31-March-2015:
Received my sets of Hyderabad Mint.
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20-Mar-2015:
The RBI has put out a press release, the Rs 5 coins to commemorate 125th birth anniversary of Pandit Jawaharlal Nehru will be put into circulation shortly. One more issue to collect.__________________________________________________________________________
19-Mar-2015:
Imagine my surprise to get a mail from Mumbai Mint that the new coins are open for bookings. Very nice. So far it would usually be looking through the newspaper every day with the fear that one may miss out seeing the Advert. Way to go. First with Coir coins the dispatch details were mail and now the bookings.
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19-Mar-2015:
The Mumbai Mint has begun the bookings for Acharya Tulsi coins. The booking date is from 19-Mar-2015 to 15-May-2015.
The Proof set is priced at Rs 3186
The UNC set is priced at Rs 2605
For the booking Adv, refer to the Coin Booking Article. If you are booking for the first time, read the article booking coins from Mint.
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13-Mar-2015:
It looks like Hyderabad Mint has finally started dispatch of the coins booked last year. Hopefully I should get my set soon.
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13-Mar-2015:
If PIB press release is to be believed, there would be coins to commemorate Nabakalebar Rath Yatra, 2015
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5-Mar-2015:
The Rs 5 Commemorative of "Centenary of Komagata Maru" will be put into circulation shortly. One more coin to collect.
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26-Feb-2015:
Fake Notes: More from Printing Techniques
Recently came across a bunch of Rs 10 notes that have one peacock in black and white or 3 peacocks in black and white. There is also a 2 boat variety incase anyone is interested.It is amazing as to how innovative people get. Images here
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17-Feb-2015:
Some time back I had written that I did not receive the Syama Prasad sets that were booked in 2013. After following it up for 4 months, I finally have a response from the mint that the sets are not yet dispatched and will be dispatched along with re-booking invited in few months. Although I am a bit dissapointed by the wait, but relieved that the sets were not lost in transit.
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15-Feb-2015:
RBI has put out a press release that the notes of Rs 1. The design more or less similar to 1994 discontinued notes.


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1-Feb-2015:
The coins of Rani Gaidinliu did'nt get released on 26-Jan. No new dates are available.
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1-Feb-2015:
The dispatch of August - Oct 14 bookings has not yet begun by the Hyderabad Mint, yet the Hyderabad mint began the first bookings of the year with the a mix of Single Coin sets and 2 Coin UNC Sets.
What is also surprising is Tagore and Teresa making the cut. Last year both these sets were going at discount and dealers got rid of the stock below the purchase price from the mint. Yet the Kolkata mint has opened the bookings for these sets and now hyderabad mint. Does it really make sense.

The booking is open from 1-Feb-2015 to 31-Mar-2015.

The Single coin Sets available are:
60 Years of Parliament: Rs 10
60 Years of Parliament: Rs 5
Birth Centenary of Acharya Tulsi Rs 5
125th Birth Anniversary of Maulana Abdul Kalam Azad Rs 5

The 2 Coin UNC available are:
Rabindranath Tagore: Coins of Rs 150 and Rs 5
Mother Teresa: Coins of Rs 100 and Rs 5
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29-Jan-2015:
The bookings for Kolkata Mint closes in 2 days.
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26-Jan-2015:
The Coins on 100th Birth Anniversary of Rani Gaidinliu to be released today.
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25-Jan-2015:
Came across a re-tooled fake of 1955 2 Annas. This is the first time that I have seen a re-tooled fake of the 2 Anna. The most popular retooling was typically in the 1971-74 Dabbu Rupees and the 1996 Bose commemorative. More details in the post on Fake Coins


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8-Jan-2015:
A Commemorative coin of Rs 100 and Rs 10, was released Pravasi Bharatiya Divas, in Gandhinagar with the theme "100 years of Mahatma Gandhi's homecoming". Gandhi had returned to India from South Africa on January 9, 1915. The year 2015 marks the centenary of Gandhi’s return to India and is the theme of 13th edition of Pravasi Bharatiya Divas. More details here.
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7-Jan-2015:
A commemorative coin of Rs 50 and Rs 5 was released on "50 Years of BHEL". The coins were released by Anant Geete, Union Minister of Heavy Industries & Public Enterprises. More here
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6-Jan-2015:The coins on 175th Birth Anniversary of Jamsetji Tata were released today. Its surprising to see such wide spread coverage in newspaper and even YouTube on the release ceremony of this coin. More details here.
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5-Jan-2015:
In what looks like the first issue of the new year, the Tata coins will be released in a function tomorrow. More here
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1-Jan-2015: Happy new year.
A new list of Commemoratives, Definitives, Currencies is available in download section. I have now included Proof and UNC sets listing along with the market price for these. If sources are to be believed, there would be quite a few releases in the new year shortly.
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