2003 - 150 Glorious Years of Railways - Proof Set

This post gives the details of the Proof Set. For UNC Set refer to the Next Post.

The Second in the year 2003, a commemorative Proof set and UNC Set was released to commemorate the 150 Years of Indian Railways. Although it was an excellent occasion to release a coin of Denomination Rs 150/- it did not happen. The Proof set had only the Rs 100 & Rs 5 coins. The mint finally released a coin of Rs 150/- much later in the year 2010 to commemorate Rabindranath Tagore.
The details are;

Indian Railways is the central government-owned railway company of India, which owns and operates most of the country's rail transport. It is overseen by the Ministry of Railways of the Government of India.
Indian Railways has more than 64,215 kilometers of track and 7,083 stations. It has the world's fourth largest railway network after those of the United States, Russia and China. The railways traverse the length and breadth of the country and carry over 30 million passengers and 2.8 million tons of freight daily. It is one of the world's largest commercial or utility employers, with more than 1.6 million employees. As to rolling stock, IR owns over 230,000 (freight) wagons, 60,000 coaches and 9,000 locomotives.
Railways were first introduced to India in 1853 by the then British companies. By 1947, the year of India's independence, there were forty-two rail systems. In 1951 the systems were nationalized as one unit, becoming one of the largest networks in the world. IR operates both long distance and suburban rail systems on a multi-gauge network of broad, metre and narrow gauges. It also owns locomotive and coach production facilities.
The commemorative signifies Bholu, an elephant as the Guard showing the Lantern that was traditionally used as the signalling system untill the advent of electricity.

Special Set Set:
Coins of Rs 100 and Rs 2

Image Credits: Tody Auctions

Proof Set:
Coins of Rs 100 and Rs 2

Proof Set: Re-Strike 2010
Coins of Rs 100 and Rs 2
The Design remained same, except on the outer cover and the Obverse, there R-2010 embossed.

eBay Prices

Price TypeStart PriceEnd PriceSoldNo of BidsDateLast ListingTimesIDRemarks
Auction10000No019-Nov-1126-Nov-112170727643799 | 170732330142
Fixed9000No03-Dec-1126-Dec-114170736604786 | 170741775063 | 170746493389 | 170750133546
Fixed9000No03-Jan-1211-Mar-1210170757799703 | 170753499297 | 170762105166 | 170766172125 | 170768252128 | 170773185499 | 170777120750 | 170781759721 | 170786570271 | 180829093527 | 180833943606
Fixed8000No05-Feb-1218-Feb-122220943685521 | 220952034960

UNC Set:
1. Coins of Rs 100 and Rs 2
2. Re-Struck 2010 Coins of Rs 100 and Rs 2

Refer Next Post


    (भारतीय रेल का 150 वर्ष)
    Counter Sale open from Oct 20, 2016
    भारतीय रेल का 150 वर्ष

    So another re-strike?
    However, the costs are now 11,433 (UNC) and 12,746 (Proof). Any idea why the costs are hiked almost 3x the usual prices for these sets?

    1. Counter sale are spare sets that mint is selling. The price is ridiculously high. The set should cost around Rs3000.Read news and info page