Author Topic: India: New series of circulation coins  (Read 7029 times)

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Offline kansal888

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Re: India: New series of circulation coins
« Reply #135 on: October 09, 2019, 01:49:23 PM »
Thanks for posting images of new coins Pabitra Ji.

Offline Pabitra

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Re: India: New series of circulation coins
« Reply #136 on: October 09, 2019, 02:02:02 PM »
Next due is 1 Rupee from Kolkata mint.

I am informed that like 50 p of yester years, 1 R will be minted only in Kolkata mint.
Let us hope that it is not true.

Offline dheer

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Re: India: New series of circulation coins
« Reply #137 on: October 09, 2019, 06:00:39 PM »
Interesting. The rupee is not yet dead. So it would be minted by all mints is my guess.
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Offline Pabitra

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Re: India: New series of circulation coins
« Reply #138 on: October 10, 2019, 04:10:33 AM »
Even 50 p was not dead between 2011 to 2016 but except for 2011, it was monopoly of Kolkata mint.

1 Rupee is certainly not dead. You can still buy a matchbox from your corner cigarette shop ( even though you can not light your cigarette there in public place, at least as per law) for that coin.

Let us see how much of 1 Rupee coins are indented by RBI this year.

Offline Pabitra

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Re: India: New series of circulation coins
« Reply #139 on: October 10, 2019, 06:33:11 AM »
Here are the statistics from RBI.

The mints has met the target only when the target was 6 billion pieces and that matched the capacity in terms of number of pieces. The distribution was not adhered to.

Offline Abhay

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Re: India: New series of circulation coins
« Reply #140 on: October 13, 2019, 09:59:10 AM »
This leaves me more confused.
All this while, it was being said that the new series will have special features to help blinds easily recognise the newly issued coins.
If you see the Old One Rupee, present Two Rupee and the new 5 Rupee Coin, they are all the same size, and almost same thickness.
So, the problem has been solved or rather increased? Now, it will be more confusing to differentiate between old 1, present 2 and new 5 rupee coins.

Abhay
INVESTING IN YESTERDAY

Offline dheer

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Re: India: New series of circulation coins
« Reply #141 on: October 13, 2019, 06:42:47 PM »
It will take a decade for old coins to Vanish and new series to be only in circulation... So yes it would be huge issue for blind
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Offline idiotghost

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Re: India: New series of circulation coins
« Reply #142 on: October 13, 2019, 09:27:44 PM »
Has the new Rupees 5 coins increased in diameter? It looks as big as the other 2 coins!

Offline Pabitra

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Re: India: New series of circulation coins
« Reply #143 on: October 14, 2019, 05:45:48 AM »
Yes, it is now 25 mm as against 23 mm earlier.
Since the alloy remains the same and the weight has increased to only 6.74 gms ( as against 6 gms), I assume that it is slightly thinner.

Offline kansal888

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Re: India: New series of circulation coins
« Reply #144 on: October 17, 2019, 06:14:11 AM »
This leaves me more confused.
All this while, it was being said that the new series will have special features to help blinds easily recognise the newly issued coins.
If you see the Old One Rupee, present Two Rupee and the new 5 Rupee Coin, they are all the same size, and almost same thickness.
So, the problem has been solved or rather increased? Now, it will be more confusing to differentiate between old 1, present 2 and new 5 rupee coins.

Abhay

Dear Abhay Ji

In the new series, all coins are of different sizes and alternate denominations have serrations and plain edge for easy identification by visually impaired:

1 Re: 20 mm no serrations
2 Rs: 23 mm 50 serrations
5 Rs: 25 mm no serrations
10 Rs: 27 mm 100 serrations
20 Rs: 27 mm no serrations (12 sided polygonal)

Approval of association of blinds was obtained before releasing these coins.

While the sizes of new series may conflict with some denominations of the previous series, Govt is hoping that gradually new series will replace the earlier series over a period of time.

Regards

Sanjay Kansal

Offline Pabitra

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Re: India: New series of circulation coins
« Reply #145 on: November 09, 2019, 12:48:38 AM »
10 Rupees released

Offline kansal888

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Re: India: New series of circulation coins
« Reply #146 on: November 09, 2019, 08:02:05 PM »
Thanks for the image Pabitra ji

Offline dheer

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Re: India: New series of circulation coins
« Reply #147 on: November 10, 2019, 06:01:47 PM »
Thanks for the info, the strike looks poor ... no improvement in Rs 10 minting...
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Offline Pabitra

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Re: India: New series of circulation coins
« Reply #148 on: November 11, 2019, 07:27:27 AM »
This is Kolkata mint quality