Nepal to revise design of its coins

[Pabitra]

See

https://english.khabarhub.com/2020/16/127924/

[eurocoin]

Posts like this are rather pointless, even more so as soon as that link no longer works.

So Nepal has announced that it will issue coins of 1 rupee and 2 rupees that depict a new map of Nepal. I have searched for some background information for this decision. In June, Nepal unveiled a new map of its country that includes the Limpiyadhura-Kalapani-Lipulekh area. This area of 370 square kilometres has been administered by India for a long time but Nepal claims that under the Sugauli Treaty of 1815, the piece of land is its possession and wants it to be returned.

In 1991 a panel was formed that identified contested areas and decided whether they belonged to India or Nepal. 90% of all problems were solved this way but the problem of the Limpiyadhura-Kalapani-Lipulekh area remained unsolved.

Although the area under the Sugauli Treaty of 1815 indeed officially belongs to Nepal, only after it has been administered by India for almost 200 years, Nepal made a claim. This makes the situation complicated.

[quaziright]

link works

NRB to issue coins with new map including Limpiyadhura

Khabarhub
September 16, 2020

< 1 MIN READ

7
SHARES



[simplicity-save-for-later]
NRB to issue coins with new map including Limpiyadhura
Nepal Rastra Bank. (File Photo)

KATHMANDU: The government has given approval to the Nepal Rastra Bank (NRB) to issue a one-rupee and two-rupee coins with a new map including Limpiyadhura.

The cabinet meeting held on Monday decided to grant the approval to issue new coins.

Spokesperson of the Government of Nepal Pradip Gyawali informed that approval has been given to the Central Bank to issue coins with the new map.

With the permission of the government, the process of issuing coins with new maps covering Limpiyadhura, Kalapani, Lipulekk and other areas will begin, said NRB.

[Pabitra]

Only 1 Rupee coin has map on its reverse so that gets revised.
It is not known if 2 Rupees coin gets redesigned to have a map?

[eurocoin]

For now we can only rely on the statements of the local media. I have yesterday searched for the written report of the particular Cabinet meeting of earlier this week but it is not yet available on the website of the Nepalese government.

Both the 1 rupee and 2 rupee coins were last minted with the date 2009. The reverses of the current 1 and 2 rupee coins of Nepal can be seen below.

[Bimat]

The link works for me...

Nepal's move to amend its map has already caused tensions in Indo-Nepal diplomatic relationship. If they indeed go ahead with revised map on coins and other things, it will deteriorate the relations further...It's anybody's guess who is backing them!

Aditya

[eurocoin]

The link has always worked for me too. My point is that when that link stops working the post that only contains a link (that has then become broken) becomes pointless.

In the past we used to have a very great forum member who would repair broken links and images all over the forum but all of the special permissions to be able to do so were taken off of this great member so that is no longer posible.

[Gusev]

r...It's anybody's guess who is backing them!
Aditya

China's expansion into South Asia is an indisputable fact. But the scale of Chinese penetration should not be exaggerated. China is concentrating its forces on confronting the United States.

India in 2014 declared the slogan "Neighbors are most important". But they show themselves as an older brother.
This often happens between large and small neighbors
For example - Russia and Ukraine / Belarus / Kazakhstan / Uzbekistan, etc.

[Bimat]

China's expansion into South Asia is an indisputable fact. But the scale of Chinese penetration should not be exaggerated. China is concentrating its forces on confronting the United States.

India in 2014 declared the slogan "Neighbors are most important". But they show themselves as an older brother.
This often happens between large and small neighbors
For example - Russia and Ukraine / Belarus / Kazakhstan / Uzbekistan, etc.

Not only Nepal but Pakistan too has recently changed its map to show some parts of Gujarat as its own, plus Jammu and Kashmir which has always been a major reason for conflict between two nations. I wouldn't be surprised if they follow Nepal and do something like this.

Aditya

[eurocoin]

A report of the Nepali cabinet meeting has today been released. Although it indeed mentions that the release of Rs 1 and Rs 2 coins was approved, it provides no further information on these coins. So we will have to wait..

[eurocoin]

The Nepal Rastra Bank has launched separate tenders for the designing, minting, supply and delivery of 1 and 2 rupee coins. They require 300 million 1 rupee coins and 100 million 2 rupee coins. This seems to indicate that both coins will get a new design but they possibly won't have the same new design.

[Pabitra]

Poland mint has won the tender for 1 Rupee coins

[Pabitra]

Rupees 2 coin minting order goes to the Royal mint

[Pabitra]

The coins are being minted at a cost more than face value.

https://english.khabarhub.com/2021/05/167819/

[<k>]

The coins are being minted at a cost more than face value.

Why do you think this was allowed to happen? What are the causes behind it? Is the 2 rupees coin still much used, and what is the lowest denomination still in circulation?