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Discussion: Rs 5 Tilakji coins

Started by ashishparui03, March 21, 2011, 06:26:25 PM

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Bimat

Fair price for a packet of 100 coins...A single Tilakji coin anyway costs 3-3.5k..

How did the dealer get it, I wonder?

BTW the description of seller is not accurate. The designer wasn't from Pune (in fact it was designed by a non Maharashtrian person)

Aditya
It is our choices...that show what we truly are, far more than our abilities. -J. K. Rowling.

nomadbird

Quote from: ashishparui03 on March 21, 2011, 06:26:25 PM
http://cgi.ebay.in/ws/eBayISAPI.dll?ViewItem&item=250792287547&ssPageName=STRK:MESELX:IT

i dont know why they called it rare

They call it rare because the hindi letter Ji after the Tilak was uncommon. Even Mahatma Gandhi was never called Ji in any coins of india.

As aditya asked, how did this guy managed to get 100 coins!
Thx
Nomadbird

Bimat

No collector will ever buy a packet of 100 for 3,20,000 Rupees. It will be either bought by another dealer or it will remain unsold.

Also, I don't think e-bay is a good place to sell such items. How much commission the seller would pay to e-bay if the item is sold, has anyone imagined that? Say 5% of selling amount..which is 16k! :o

Aditya
It is our choices...that show what we truly are, far more than our abilities. -J. K. Rowling.

nomadbird

Quote from: Bimat on March 21, 2011, 06:42:16 PM
Also, I don't think e-bay is a good place to sell such items. How much commission the seller would pay to e-bay if the item is sold, has anyone imagined that? Say 5% of selling amount..which is 16k! :o
Aditya

Thats much a money 5% !      .... better he can directly sell ro some other dealer or sel in number of 1 or 2 or 5.   
Thx
Nomadbird

Coinsforever

#5
Quote from: Bimat on March 21, 2011, 06:29:51 PM
BTW the description of seller is not accurate.

One can't expect much more than it from ebay sellers.

Regarding query of Nirmal about 5 rupees 2007 Bal gangadhar tilakji error coin.

In 2007, the RBI issued a 5 rupees commemorative coin honoring Bal Gangadhar Tilak. However, the lettering on the coin in Hindi mentioned Tilak as Tilakji. Bal Gangadhar Tilak is never referred to as Tilakji. Adding Ji at the end of the name is an Indian practice to show respect to the person (eg Gandhiji).

At the inauguration of the coin at Delhi, the error was immediately brought to the notice of the authorities. Except for the low number of coins circulated on that day, no other such coins were circulated. Hence this coin became an error as well as rare coin of Republic of India.








Some unconfirmed reports mentioned that the error was brought to the notice of the authorities by very active opposition party of Maharashtra raised the issue that ji should not be used with Tilak on the coin as it was not used for even Gandhi or Nehru, who are iconic figures . Fearing tension, the withdrawal decision was taken.

The steel coin is even rarer.



Lokmanya Bal Gangadhar Tilak (29th Couplet) Described by British as "The Father of Indian Unrest " Tilak was born on 23.07.1856. His slogan, "Swaraj (Self Rule) is my birthright", inspired millions of Indians. His book "Geetarahasya"a classic treatise on Geeta in Marathi was written by him, in prison at Mandalay.Great journalist- editor, an authority on Vedas, Sanskrit Scholar, mathematician and a natural leader of India. Died 01.08.1920 "Swaraj is our birthright," thundered Tilak, the Lion of India. He founded schools and published newspapers, all for his motherland. He rotted in a distant jail at Mandalay, in Burma. he wore himself out till his last breath, to awaken his countrymen.
Tilak was born in Ratnagiri on 23rd July 1856. He lived for 64 years. Every year of his life was a milestone of achievements.


How much the British feared Tilak, can be gauged from the letter the Governor of Bombay wrote in 1908 to the Secre tary of State for India in England:
'He is one of the chief conspirators opposed to the British rule in India. He may even be the Chief con spirator. He has planned the Ganesha Festival, the Shivaji Festival, the Paisa Fund and the National Schools, with the sole aim of destroying British rule in India.'


When Tilak passed away, Mahatma Gandhi said: "He used his steel-like will power for the country. His life is an open book. The Lokmanya is the Architect of New India. Future generations will remember Tilak with reverence, as the man who lived and died for their sake."

Cheers ;D




Every experience, good or bad, is a priceless collector's item.



http://knowledge-numismatics.blogspot.in/

Bimat

Quote
Some unconfirmed reports mentioned that the error was brought to the notice of the authorities by very active opposition party of Maharashtra raised the issue that ji should not be used with Tilak on the coin as it was not used for even Gandhi or Nehru, who are iconic figures . Fearing tension, the withdrawal decision was taken.
This is also not true. That political party in Maharashtra (MNS) has nothing to do with this matter. In fact, the error was brought to notice by a senior Maharashtrian IAS officer who was present during the ceremony when the coins were withdrawn from circulation. It's a fashion in Maharashtra and Northern India to blame MNS for every unlawful act.. ::)

Quote
The steel coin is even rarer.
It's not rare. You can easily get it from any dealer for a reasonable price. (Should be a two digit number).  The Cu-Ni version without error costs 150-200 bucks..

Aditya
It is our choices...that show what we truly are, far more than our abilities. -J. K. Rowling.

Coinsforever

Quote from: Bimat on March 22, 2011, 07:07:32 AM
This is also not true. That political party in Maharashtra (MNS) has nothing to do with this matter. In fact, the error was brought to notice by a senior Maharashtrian IAS officer who was present during the ceremony when the coins were withdrawn from circulation. It's a fashion in Maharashtra and Northern India to blame MNS for every unlawful act.. ::)
It's not rare. You can easily get it from any dealer for a reasonable price. (Should be a two digit number).  The Cu-Ni version without error costs 150-200 bucks..

Aditya

Being a collectors we should not investigate all such political issues all such reports of press & media are absurd without much evidence most of the times.

We should concentrate on coin part & ignore all reports of media .

I belief every member agree to it.

Cheers ;D
Every experience, good or bad, is a priceless collector's item.



http://knowledge-numismatics.blogspot.in/

Bimat

Yes, but it also shows political influence on coins. ::) ;)

Aditya
It is our choices...that show what we truly are, far more than our abilities. -J. K. Rowling.

Coinsforever

Quote from: Bimat on March 22, 2011, 07:49:04 AM
Yes, but it also shows political influence on coins. ::) ;)


Fortunately or unfortunately , we have only  personalities &  politicians from  all over India  on most of the coins .

Once we start with innovative designs with  changed mind set from old fashioned designs , we will have more chance to enjoy rather than wasting time on such reports about coins.

Cheers ;D
Every experience, good or bad, is a priceless collector's item.



http://knowledge-numismatics.blogspot.in/