The Current New and Info is here
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29-Dec-2016: Further inputs on the Ordinance that is drafted ... There will be specified fines ranging from Rs 5,000 to Rs 50,000 for continued possession of the demonetised notes. The fine will be a multiple of the number of notes found in possession beyond the permissible limit — 10 for souvenirs and 25 for the purpose of numismatics.
The limit of 25 notes is quite less. Quite a few collectors who do governor/year/inset wise would definitely have 115+ of these notes. Then there are quite a few who do fancy numbers or prefixes. And not to mention the duplicates that one keeps for exchange. So all in all looks like some relief to a collectors. At the same time, I guess the law is to catch hoarders and would go soft on collectors.
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28-Dec-2016: As per the TOI Article, the Ordinance is drafted to impose penalty for holding old notes. QUOTE
NEW DELHI: The government will soon issue an ordinance imposing a penalty for possession of scrapped Rs 500 and Rs 1,000 notes+ after the 50-day window for depositing old notes in banks ends on December 30.Possession of the old notes will only be permitted for the purpose of research and numismatics and the measure is intended to end any prospect of a "parallel currency" continuing after the deadline.UNQUOTE
This turns out to be a very good news for the collector. One can keep the older notes that are in collection.
The other question that generally seem to be going in minds of many is will the Rs 500 and Rs 1000 notes create value in future or will they be worthless peice of paper
With the general caveat, one can't really predict the future ... My take on this is
There are around 67 notes of Rs 500 with Governor/year/Inset theme. Around 45 in Rs 1000 ignoring the earlier issues.
Then there are people who also collect prefix. I don't have a count, but this would be substantial.
Before I go into what will happen, if we look at the past, the Rs 1000, Rs 5000 and Rs 10,000 were demonetized as we all know in 1978. There was substantial quantity that was not returned. From a ordinary collectors point of view Rs 1000 was too much to collect, quite a few had not even seen a Rs 1000 note in their lifetimes. During 1978, there may hardly be dozens who collected such items. The grade I officers salary used to be in few hundreds.
In 1990, due to inflation, Rs 1000 meant nothing, there was interest in collecting these notes. Rs 1000 notes then came into dealers hands, initially at very low price. Today the Rs 1000 note of Sen Gupta ... or the Temple notes [as they carried the image of Brihadeeswarar temple] go routinely for Rs 10K to Rs 15K; notes in good quality far excess of Rs 30-50K. Similarly by HV Iyengar around 1.5 lacs. But B Rama Rau around Rs 30K.
The number of collectors of Notes is still substantially less than the hoard of notes that were not returned. So why did the price not come down? These are worthless piece of paper and they should be selling at Rs 100 - 200 ...
The number of Rs 5000 or Rs 10,000 notes I have seen in auctions is very minimal.
I can get into multiple theories as to why this is happening ... but that is not the question.
Coming back to the question:
The number of people who collect Rs 500 and Rs 1000 today is substantial and this is bound to grow over period. Unlike in past, hoarders know there are collectors out there. In fact quite a bit of black money is captured / stored as rare notes so that even if there is IT raid, the value can't be proved.
In the immediate 6-8 months, there will be a general scramble. Remember the hoarders can't directly approach dealers because they will be afraid to get caught. After layers of middlemen, the market will find out the demand for the notes and the supply. During this process, dealers will also discover which notes / series / years / insets / prefixes / etc are rare which are abundant. There will be price discovery in 2018 and prices will kind of firm up by 2019 and remain at that level for some time, increase / decrease along with general market.
So my prediction; immediately in next 2-6 months, dealers will try and dump the notes they are holding at 1.2 to 1.5 times the rate saying golden opportunity etc. Toward the end of 2017, things will start showing real picture. In my view the earlier issues and the latest issues will be rare, along with few inset of intermediate years.
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27-Dec-2016: Just came across an interesting piece of history in India Proof/UNC Sets.
In past the Mint allowed the booking of the coins to be submitted over the counter at the mint. Once the booking was confirmed, during dispatch / delivery could also be obtained in person from the mint on producing the booking receipt. This practice was stopped in 2000's as it became difficult to manage and was restricted to only post deliveries.
It is interesting to note that the bill book used still had the denominations of Fisheries set released in 1987. The denominations then were a 2-coin set of Rs 100 and Rs 20 and Single Coin of Rs 100 and Rs 200. There is overwriting visible to make the 2-coin as 3 coin set and the Rs 100 as 2 Coin Set and Rs 20 as Rs 5 Single Coin set to enable booking of the Tourism set.
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23-Dec-2016: The coins on the Occasion of Centenary Celebrations of University of Mysore were released today by Chief Minister Siddaramaiah at the Crawford Hall in University of Mysore. For more details read the article here.
Among few exceptions, even there is an RBI press release that the Rs 5 coins will be put into circulation.
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22-Dec-2016: The Mysore University coins will be released tomorrow
22-Dec-2016: Hyderabad Mint has started the bookings of New Single Coin Sets. The bookings are open from 22-Dec-2016 to 21-Feb-2017. Almost all the pending coins are available for bookings. The Rs 5 coins are for Rs 333/- and Rs 10 for 381/-. The coins available are
Birth Centenary of Begum Akhtar
125th Birth Anniversary Dr BR Ambedkar
175th Birth Anniversary of Jamsetji Nusserwanji Tata
BHEL - 50 Years of Engineering Excellence
150th Anniversary of Allahabad High Court
125 years of National Archives of India
Birth Centenary of Swami Chinmayananda
Centenary Year of Banaras Hindu University
Silver Jubilee of Shri Mata Vaishno Devi Shrine Board
475th Birth Anniversary of Maharana Pratap
For more details read the Coin Bookings. If you are booking the coins for the first time, read this post.
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16-Dec-2016: RBI has put up a press release that Rs 500 notes with E inset and Star Series will be introduced.
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14-Dec-2016: Mumbai mint is participating in ICCG Numismatist expo
12-Dec-2016: Thanks Saurab Basu. Posting his comments here for better readability.
Saurab Basu December 12, 2016 at 2:30 PM
The Mata Vaishno Devi, Nehru - 125th Birth Anniversary and Benaras Hindu University Sets would be dispatched January onwards. there is some procurement related issues with the Mumbai Mint and thus it is taking some time.
On the I.G. Mint Kolkata News, this letter has been received by me as well; but has no mention of the Two Sets booked in the same order - apart from Swami Chinmayananda Birth Centenary set to be delivered by Dec 2016. A System which needs rigor, possibly also hit due to the demonetization and with a delayed start; the arrivals are further delayed.
Finally, on the New Currency Notes that we have in the market now a days, getting used to the Size of an existing 100 Rupee Note and New 500 Rupee Note, needs caution at the time of handling. The 100 Rupee is bigger than the New 500 Rupee - So beware of bundling them together :)
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10-Dec-2016: Plastic Notes are back in news. Its been more than a decade that we keep hearing about the Plastic notes.
"It has been decided to print banknotes based on plastic or polymer substrate. The process of procurement has been initiated," minister of state for finance Arjun Ram Meghwal said in a written reply in Lok Sabha to a query whether RBI proposes to print plastic currency notes in place of paper ones.Recently there was controversy in UK that the plastic notes had "Beef Tallow" in them. There is general outrage and Bank of England is forced to look into this issue. Hopefully this will not derail the introduction of the notes in India
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5-Dec-2016: Although I am yet to receive any of the 3 sets ordered from Kolkata Mint last September [BHEL, Tata, Swami Chinmayananda]; the Kolkata Mint was kind enough to send me a letter for what seems to be the first time to indicate that there will be a delay in dispatching the Swami Chinmayananda sets and they will be dispatched by December 2016. There is no news or letters on other sets. Hopefully I will get it before I get old. :).
And No I am not the lucky one or filed an RTI, such a letter has been dispatched by speed post to all collectors whos order is pending.
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25-Nov-2016: Coins of Rs 500 and Rs 10 were released by the Secretary, Ministry of Culture, Shri N.K. Sinha as part of year-long celebrations of commemoration of “500th Anniversary of Shri Krishna Chaitanya Mahaprabhu’s Coming to Vrindavan”, in New Delhi
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23-Nov-2016: Looks like Mysore university coins are set for release on 3rd December
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22-Nov-2016: Such is the quality of media reporting today that anything becomes a news. Times of India carried out an article both online as well as in print as to how a Rs 2000 note is listed on eBay at Rs 1.5 lacs. What the media does not understand is that one can list anything on eBay at any price. It does not mean that the item will get sold. The Rs 2000 note some idiot has listed at Rs 2 Crore. Does this mean it would get sold at that price? Nope. No way.
22-Nov-2016: If you see on 21-Oct, I had posted that there are incorrect reports in media calling genuine Rs 10 coins as fakes. I guess RBI has woken up to the damage and issued a correction via RBI Press Release that the said coins are genuine.
22-Nov-2016:
There are quite a few fake notes of Rs 2000 already in circulation. Most found are simple colored xerox. They are easy to find out. However there was another one reported today. This fake had security thread and Gandhi watermark. My guess is someone took a Rs 20 or lower denomination note and shrunk the image of Rs 2000 note and printed this on a genuine note of different denomination. Read the full Story here.
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14-Nov-2016:
Detailed Design features of the Rs 500 notes and Rs 2000 notes as explained by RBI
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14-Nov-2016:
Bookings for Banaras Hindu university coins open. Proof at Rs 3836 and UNC at Rs 3182. Re-booking for Vaishno Devi coins and Nehru coins also open. For more details read the Coin Bookings. If you are booking the coins for the first time, read this post.
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8-Nov-2016: RBI has finally put up the new note design and explained the security features of the Rs 500 and Rs 2000 note. There is no Rs 1000 note currently planned but may get introduced if needed.
8-Nov-2016: The new Rs 500 notes planned to be introduced have a very fresh design. Gandhi still is on the front, however the theme is quite different. The back is image of Red Fort. The security features of telescopic numbering continues. The design for the first time has the amount in Hindi numerals. Similarly the Rs 2000 notes planned to be introduced have Mars Orbiter or Mangal Yan on the back. Both notes also have the logo of swach bharat.
8-Nov-2016:20:35 hrs. If you are watching the Speech by Prime Minister Modi, the Rs 2000 hush hush now makes sense. From midnight today Rs 500 and Rs 1000 notes are going to be discontinued and replaced by better security Rs 2000 notes. This will go a long way in unearthing black money
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7-Nov-2016: Related stories on Rs 2000 note. There is surprise all around. The notes are refreshing new design, for the first time it looks like the Numerals are also in Hindi. It has 7 bleed lines.
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5-Nov-2016: The Rs 2000 note looks a reality with quite a few images being circulating on FaceBook. It is surprising that there is still not news from RBI on this. Generally introduction of new denomination is followed by Gazette notification and tons of other related press releases.
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25-Oct-2016: If you have read through the comments of Mr Saurab Basu and Shreyash Bhandary, the Online Counter Sale product from Kolkata Mint is looting / duping buyers. The sets on offer are at exorbitant prices. Remember most of these sets went unsold in recent auction even for Rs 2500/-, with commission and shipping it would be around Rs 3300/-. Hopefully the dealers will not take undue advantage of such act by Mint.
2009
|
Proof
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1 Coin
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Louise Braille
|
719
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2009
|
UNC
|
2 Coins
|
Louise Braille
|
6741
|
2003
|
UNC
|
2 Coins
|
150 Years of Indian Post
|
10441
|
2011
|
UNC
|
2 Coins
|
Income Tax
|
5665
|
2011
|
UNC
|
2 Coins
|
Rabindranath Tagore
|
6114
|
2009
|
Proof
|
2 Coins
|
Perarignar Anna Centenary
|
7492
|
2009
|
UNC
|
2 Coins
|
Perarignar Anna Centenary
|
6741
|
2006
|
Proof
|
2 Coins
|
ONGC
|
8077
|
2004
|
UNC
|
2 Coins
|
150 Years of Telecommunication
|
10441
|
2010
|
Proof
|
2 Coins
|
Dr Rajendra Prasad
|
7492
|
2010
|
UNC
|
2 Coins
|
Dr Rajendra Prasad
|
6741
|
2007
|
Proof
|
2 Coins
|
Platinum Jubilee of Indian Air Force
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8904
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2007
|
UNC
|
2 Coins
|
Platinum Jubilee of Indian Air Force
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8003
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2003
|
Proof
|
2 Coins
|
150 Glorious Years of Railways
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12746
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2003
|
UNC
|
2 Coins
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150 Glorious Years of Railways
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11433
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2012
|
UNC
|
2 Coins
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Swami Vivekananda
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4234
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2011
|
Proof
|
2 Coins
|
CAG
|
5873
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2011
|
UNC
|
2 Coins
|
CAG
|
5300
|
2006
|
UNC
|
2 Coins
|
State Bank of India
|
8735
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2012
|
Proof
|
2 Coins
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60 Years of Kolkata Mint
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4562
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2012
|
UNC
|
2 Coins
|
60 Years of Kolkata Mint
|
4037
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2012
|
Proof
|
2 Coins
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XIX Common Wealth Games
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5945
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2012
|
UNC
|
2 Coins
|
XIX Common Wealth Games
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5319
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22-Oct-2016: There is a new in Hindu Business Line that Rs 2000/- notes will be put into circulation soon. I am very confident that this is more of a hoax. Not sure how a leading newspaper would fall for it.
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21-Oct-2016: Jignesh Shah a fellow collector/dealer pointed out a new item in Aajtak. In the enthusiasm to alert people to use correct Rs 10 coins. The article actually calls one of the designs from RBI from 2008 to 2010 fake. It clearly goes to show how little the Media knows.
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16-Oct-2016:
Sudhir Lunawantji informs me that he has received the Mata Vaishno Devi sets. Yet another instance of Mumbai Mint shipping items even before the bookings are closed. Great effort by the Mumbai Mint. Hopefully they keep up with the good work.
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15-Oct-2016:
Got a mail from Mumbai Mint to book for the Vaishno Devi and Nehru coins. The bookings close on 26-Oct. The Online booking already had images of Nehru set. It was good to see the images of coins and pack for Vaishno Devi set as well in the mail. See the post for images.
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7-Oct-2016:
If you have read the comment from Sai, the despatch of BHEL set's has begun.
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29-Sept-2016:
Just browsing through the recently concluded sale by Leading Auction House. The RBI Platinum Jubilee 5 coin Proof set normally is selling below Mint Issue price and one can get this set in Rs 3500 - Rs 4000 range. Inspite of this, there are generally no buyers. However the set in this leading Auction sold for Rs 16,000 + commission. This clearly indicates that there is substantial amount of shill bidding that goes on and buyer should be careful. The shill bidding may be by friends of person who are selling the set; the Auction house may or may not encourage / support. However in my view Auction House should be more proactive in identifying such things. I am not sure of this Auction House, but I did have different experience with other Auction House. Cavet Emptor.
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27-Sept-2016: Looks like the design of Shrimad Rajchandra is finalized. The release however is still quite sometime away and there is no confirmation of the release date.
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18-Sept-2016:
If you are yet to book the Mata Vaishno Devi and Nehru coins, be prepared to shell out more.
In what looks to be a first, Very Strangely, the Mint has increased the price of current bookings that are open by Rs 37, 30, 31 and 25. Not sure what led to the price change, but this could be more due to change in VAT rates imposed by Maharashtra Government recently.
The Mata Vaishno Devi Proof at Rs 4555 up by 37 compared to Rs 4518
The Mata Vaishno Devi UNC at Rs 3660 up by 30 compared to Rs 3630
The Nehru Proof at Rs 3761 up by Rs 31 compared to Rs 3760
The Nehru UNC at Rs 3107 up by Rs 25 compared to Rs 3082
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15-Sept-2016: The Rs 20 note with "R" inset becomes the first note issued by New Governor Urjit Patel. This would also be the first Rs 20 note with Telescopic Numbering.
15-Sept-2016: Just went through the prize realization of Imperial Auctions. There were 30 items in the Mint Sets / UNC Sets category. Most of the recent issues from 2003 till now, available for Rs 2500. Only 3 items got sold. Even after adding the Brokerage and exorbitant Rs 300 shipping, most sets would be in the range of Rs 3200. From a seller point of view, after deducting Brokerage, he would have got around Rs 2200. This is much less than the price a seller would have paid to the mint for quite a few issue. So another pointer that the rates of Proofs and UNC are going down by the day and there are very few buyers in the market.
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10-Sept-2016: Cleaned up the old comments on this page and put them separately. If interested the links are available at the bottom.
7-Sept-2016: Mr Sanil Koottala has created an Video that explains how coins can be booked online from Indian Mints.
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4-Sept-2016: The dispatch of Tata set's has begun.
4-Sept-2016: The Design of Mysore University is confirmed and it would be Image of Crawford Hall along with portrait of Maharaja Krishnaraja Wodeyar IV. The denominations will by Rs 100 and Rs 5. The coins of Pandit Deendayal Upadhyaya have been notified as Rs 100 and Rs 5. The design is standard portrait with 1916 - 2016 written at the bottom. Hopefully this should pave way for a release ceremony on 25-Sept.
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26-Aug-2016: The much awaited booking for Mata Vaishno Devi coins has begun along with Nehru coins. The booking is open from 26-Aug-2016 to 26-Oct-2016. This looks the first time Mint has put up the images of sets while booking. For the Booking Advert more analysis on the price read this post. If you are booking the coins for the first time read this post.
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16-Aug-2016: As per Sudhir Lunawant ji coins on the occasion of 60 years of AIIMS will be released shortly. As per Sanjay Kansal ji the Govt is considering commemorating coins on Sant Kabir. Related news here.
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13-Aug-2016: Disappointing service from the new Auction House - Imperial Auctions. I had won an item and received the invoice after 4 weeks, and even after prompt payment, there is still no sign of dispatch after 3 weeks. One of the reasons why we should stay away from newbiees and wait for them to stabilize.
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5-Aug-2016: Received my Hyderabad Mint Sets. The Packaging continues to be horrible as usual. There is not cardboard box, they are packed in cloth bag and the edges generally get damaged in transit.
Finally the controversy over getting other leader on Notes has subsided ... at-least till now. Govt has responded that there no such proposal.
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29-Jul-2016: If you have read the comments on Chat from Saurab Basu
"As per the latest input from Marketing - IG Mint Kolkata on the current Status of Dispatches; Swami Chinmayananda Online Bookings dispatch should start soon.. For the others; looks like, there is still long time to go!"
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23-Jul-2016: Interesting stuff happening in Faridabad over Rs 10 coins.
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16-Jul-2016:
Kolkata Mint finally issued a correction Advert mentioning the right denomination for the Lala Lajpat Rai coins.
The Dispatch for the Hyderabad Mint Coins has begun. Keep a look out for the friendly postman.
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7-July-2016: Images updated for 150 Years of Allahabad High Court. The UNC set looks like I have got a small 5 deg die rotation error. It would be a bit difficult to confirm the exact rotation without removing the coin, however in images it looks to be an rotational error, first time I have seen in a Mint Set.
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4-July-2016: Received the Allahabad High Court coins. Will update the images shortly.
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23-June-2016: If you have read the comments in chat, Jds has pointed out that finally the Mumbai Mint has opened the Counter Sale booking of products online. So those who have missed booking the older issues can login and book these till the stocks last. The same restriction of one coin applies. One way this is good news, but looking at the other way, looks like the demand is weak forcing the Mint to open the bookings online for counter sale products.
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22-June-2016: As per RBI press release the coins of Rs 10 on the occasion of Birth Centenary of Swami Chinmayananda will be put into circulation shortly.
Without any announcement, the coins of Rs 5 of Bebhum Akhtar, BHEL and Jamshetji Tata are put into circulation from Mumbai mint and are already available
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21-June-2016: A Silver Bullion on 300th Anniversary of Sikh Leader Banda Singh Bahadur was released today by Union Finance Minister Arun Jaitley. Note these are not commemorative coins and are struck by MMTC.
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18-June-2016: The Design for the Nabakalebara Yatra coins after the controversy is finalized. Hopefully we should see the coins soon.
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16-June-2016: Looks like the Punjab Govt is requesting a coin in the memory of Satguru Ram Singh.The denomination would be for Rs 200 and Rs 10. This would be second coin on similar topic. The Coins of 150 Years of Kuka Movement were released in 2012 even though the event occurred in 2007.
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8-June-2016: The Kolkata Mint has opened the bookings [from 16-June-2016 to 16-Aug-2016] for 125th Birth Anniversary of Dr S Radhakrishnan, 3rd Indo-Africa Summit, 150th Birth Anniversary of Lala Lajpat Rai and Rani Gaidinliu. The price for proof has come down to Rs 3013 from Rs 3700 for previous booking and for UNC has come down to Rs 2557 from Rs 3010. This may be a reflection of reduction in Silver Prices. This could also be due to poor off take of previous sets, given that there are quite a few floating in the market. It should also be eye opener for investor and Mint prices can go down there by reducing the value of previous issues. For the Booking Advert read this post. If you are booking the coins for the first time read this post.
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5-June-2016: As per Sudhir Lunwant, the bookings for Nehru and Mata Vaishno Devi would be available for bookings from Mumbai Mint shortly.
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28-May-2016: The Controversy around the Nabakalebar Coins continues with Center asking State to expedite the design approval. More here.
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12-May-2016: Coins on Centenary of Banaras University were released today. Read more here.
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11-May-2016: Looks like the Coins on Centenary of Banaras University will be released on 12-May beating Mysore university to become the first University to be commemorated on coins. Read here.
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9-May-2016: Coins of Rs 100 and Rs 10 commemorating 475th Birth Anniversary of Maharana Pratap were released by Minister of State for Culture, Tourism and Civil Aviation, Dr Mahesh Sharma at a function in New Delhi
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2-May-2016: Tweet from Union Minister M Venkaiah Naidu; looks like coins of Mysore University have been decided.
FinMin is issuing a Commemorative Coin of Rs.100/- and a Circulation Coin of Rs.5/- to mark the occasion. Congrats 2 University of Mysore 2— M Venkaiah Naidu (@MVenkaiahNaidu) May 2, 2016
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22-Apr-2016: If you have missed Saurab Basu comments of 20th April, ...
Updates on Kolkata Mint Dispatch Schedule -
Swami Chinmayananda Sets (Online Orders Dispatch began) parallel to the Offline Bookings
BHEL and Tata Sets yet to be procured by the Mint from Production and expected ETA remains May and June respectively
Re-Booking Sets of Begum Akhtar & Abul Kalam Azad (During Oct 2015 - Dec 2015) - To be dispatched by 3rd Quarter 2016; post completion of the Above Three Sets' delivery
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22-Apr-2016: Images for Tatye Tope updated.
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18-Apr-2016: coins commemorating Tatye Tope were released. Images later.
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14-Apr-2016: RBI has put into circulation a Rs 10 note with 2016 and L Inset. RBI has also started a new practice of numbering the Specimen Notes. Earlier Specimen Notes were not numbers and hence it was difficult to trace pilferage and these them came up into collectors hands at fancy prices. Now it should be possible to trace them. It would also provide RBI with an inventory of such notes printed.
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3-Apr-2016: A new e.book on Fake Currencies is available in the download section. This should compliment the fake e.book on Republic India coins published early in the year.
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18-Mar-2016: The Kolkata Mint has started the dispatch of the Swami Chinmayananda sets. So keep an eye out for the postman.
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15-Mar-2016:
If TOI article is to be believed, then the currency notes language panel will include Maithili, Manipuri, Santhali, Dogri and Bodo
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13-Mar-2016:
Coins of Rs 150 and Rs 5 released by President on 150 years of Allahabad high court.
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12-Mar-2016:
In a first, the Mumbai mint has sent out a mail that the booking of Allahabad high court will be open from tomorrow.
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11-Mar-2016:
Coins released by Minister of State for Culture Dr. Mahesh Sharma on the Occasion of 125 years of National Archival. Hopefully the Allahabad High Court coins will be released tomorrow as planned.
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5-Mar-2016:
Coins released by Naveen Patnaik to commemorate 100 years of Biju Patnaik. For details of release function click here.
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1-Mar-2016:
The design of Rs 125 and Rs 10 coin on National Archives is finalized. The coin will have the Building of National Archives with the logo of celebrations. Hopefully this coin is on track to be released on 11-Mar
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29-Feb-2016:
Coins of Rs 150 and Rs 5 will be released potentially on 13-Mar-2016 to commemorate the sesquicentennial year of Allahabad High Court. This would be a first for such a theme. Although the Chennai and Mumbai High Courts are older and there was no such commemorative in 2011.
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27-Feb-2016:
Received my Proof and UNC Set of Dr B R Ambedkar and Golden Jubilee. Images updated
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20-Feb-2016:
Looks like the mints are continuing to struggle to make the expected bookings. The Mumbai Mint has extended the bookings of Golden Jubilee and Ambedkar coins till 10-Mar-2016.
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13-Feb-2016:
If you have read the comment of Anish Desai below; the dispatch of sets of Ambedkar and 1965 Operations have begun. Keep an eye for the postman.
13-Feb-2016:
If the Times story is to be believed, the Coins on Biju Patnaik Birth Centenary would be released on 5-Mar-2016. The denomination will be Rs 100 and Rs 5.
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6-Feb-2016:
The Controversy on the design of continues. Now STJA has refused to give any opinion says no design were shown. Full Story here.
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4-Feb-2016:
The denominations for 500 years of return of Chaitanya Mahaprabhu to Vrindavan have been finalized. The coins will be of Rs 500 and Rs 10. The Rs 500 coin will be in Silver with usual specifications.
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3-Feb-2016:
The Ambekdar and 1965 Operations is available from Mumbai Mint counter. Dispatch should start soon.
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31-Jan-2016:
A e.Book in the form of PDF on Fake Coins of Republic India is available in the download Section. Please feel free to circulate this among all collector friends so that fakes can be kept out.
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28-Jan-2016:
The first coin in the year 2016 was released commemorating the 150th Birth Anniversary of Lala Lajpat Rai. Coins of Denomination Rs 150 and Rs 10 were released. For more details read the post.
28-Jan-2016:
The RBI has put out a press release; Rs 10 coins of 125th Birth Anniversary of Ambedkar coins have been put into circulation. It should be available in the market or dealers very shortly. All the more reason to visit Fort area to have some tea.
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23-Jan-2016:
Similar to the Rs 500 and Rs 100 notes, the Govt has now introduced the same security feature of Telescopic Numbering, Large Identification Marks and Bleed Lines on Rs 100 Note as well.
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16-Jan-2016:
Given the controversy over the design of the coin, looks like Nabakalebar Rath yatra coin will be delayed further. More here.
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10-Jan-2016:
Looks like the currency printing press have made a huge blunder. As per Hindu about 300 million Rs 1000 notes were printed without the security thread and hence are defective. Around 100 million have already been put into circulation and Banks have been advised to replace this whenever they come into their possession. Thats one hell of an error and that to detected after putting a huge amount into circulation.
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06-Jan-2016:
Looks like the coins on Nabakalebar Rath Yatra will finally be released in the new year.
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