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Welcome to Indian Coins and Numismatics Discussion Forum By Shariq Khan
Golden Days are Back in India

Rs 5/- Nicke Brass Coin

 

 

Few months back this nickle brass coin came into circulation. This coins reminds the days when Gold Coins were in circulation. The golden lusture and its metallic composition makes it more attractive. 2/3 Decades back 20 paise coins with Lotus,Sun and Mahatama Gandhi's face were in circulation and now this coin is repeating history.

 

Details

Denomination : Rs 5/-

Metal : Nickle - Brass

Shape - Circular

Year : 2009

 

 

 
Bimetallic Rs 10 Coins - Two Themes

India' s much awaited first ever bimetallic Rupees 10 coin is now issued and available for sale on some auction websites, but the rate of this coin is very high in comparison to its denomination due to the uncertain number of issued coins. Some coin sellers claims that this coin is a limited edition but official information is not yet available on number of mintage. Some sources indicates that around 25 million coins of Rupee 10/- to be issued in this fiscal. A recent press release from Reserve Bank of India mentioned that there will be two themes of Rupees 10 coins.

1. Unity in Diversity

2. Connectivity and Information technology



Details of Bimetallic Coins

 

1. Unity in Diversity

Unity in Diversity

Metal : Outer Ring - Aluminum and Bronze , Inner Part : Nickel and Copper
Denomination : Rupees 10 /-
Weight : 7.71 gms
Diameter(Outer) : 27 mm

Mint : Noida
Theme : Unity in Diversity
Years : 2005,2006, 2007 as on Coin, from 2008 theme changed to Connectivity and IT.
Obverse : Cross and Denomination in Words

Reverse : Ashoka's Lion Capitol and Denomination(in Figures) in Center , Year 2007 and Mint Mark.

 

2. Connectivity and Information Technology

Bimetallic Rs 10 Coin

Metal : Outer Ring - Aluminum and Bronze , Inner Part : Nickel and Copper
Denomination : Rupees 10 /-
Weight : 7.71 gms
Diameter(Outer) : 27 mm

Mint : Noida
Theme : Connectivity and Information Technology
Years : 2008, 2009,  from 2008 theme changed to Connectivity and IT from Unity in Diversity.
Obverse : Ashoka's Lion Capitol. Year 2009  and Mint Mark.
Reverse : Connected Pattern and 10 in figures, Rupees in Words.

Approximate Valuation of the  Bimetallic Coin Series(UNC(Uncirculated) Condtion)  - Year - 2005 - USD 5 to USD 10, Year 2006 - USD 5 , Year - 2007 - USD 1 to USD 5 , Year 2008  USD - 1 , Year 2009 - Less than USD 1 (In some cities in India including Indore these Bimetallic Coins are still not come into general circulation and in gray market some shopkeepers are selling them(New Series of Year 2009) at the double of theirface value .

 

[Note : Valution based on the price available on various auctions websites like ebay.in, ebay.com and other sources]

 

 

 
Half Anna Holkar Coin, Indore

Half Anna Coin of Indore Holkar StateHalf Anna Coin of Indore Holkar State

Half Anna Coin of Indore Princelly State

  • Ruler Name : Yeshwant  Rao Holkar
  • Dynasty : Holkar
  • Mint : Indore
  • Metal : Copper Alloy
  • Year : 1935 AD , Samvat 1992
  • Denomination : Half Anna
  • Legend Obverse in Devnagri : Shrimant Maharaja Yeshwant Rao Holkar Bahadur Indore Reverse : Year 1935 , Ardha Anna, Samvat 1992.
  • Yeshwant Rao Holkar was the last holkar ruler of Indore. Indore remains under the rule of British Resident until 1947. The Opium fruit and leaves on the obverse of the coin indicates that Opium/Poppy Seeds was the major source revenue in that period. It is evident from various sources that  this plant''s products was in use since ancient times including the rule of Parmaras, Malwa Sultans, Mughals and Holkars. I think this Holkar coin is the unique example of using Opium Fruits and Leaves on the Currency.

    Coin Valution : USD 15 to USD 20.

    Note : Valution based on My Own Calculation

 
Coin of Maitrakas

Coin of Maitraka DynastyCoin of Maitraka Dynasty

Dynasty : Maitraka

Ruler Name: Not Clear ( Inferred - Sri Sarva Bhattarakasa)

Metal : Billon
Denomination : Drachma

Wt : 1.7 gms (approx)
Obverse : Kshatrapa Style Kings Bust
Reverse : Corrupted Legend in Brahmi Script(May be a part of Legend
"rajno mahakshatrapa paramadivya bhaktasa madasenasa sri sarvva bhattarakasa" as suggested by Mr. Pankaj Tandon(Bombay) some months back at SACG"), Trident in Center
Minted and Issued In  : Malwa Region
Date : 5th -6th Century AD  

About Maitraka Dynasty :
The Maitraka dynasty ruled Gujarat in western India from the c. 475 to 767. The founder of the dynasty, Senapati(general) Bhatarka, was a military governor Saurashtra peninsula under Gupta Empire, who had established himself as the independent ruler of Gujarat approximately in the last quarter of 5th century.

The first two Maitraka rulers Bhatarka and Dharasena I used only the title of Senapati(general). The third ruler Dronasimha declared himself as the Maharaja. King Guhasena stopped using the term. Paramabhattaraka Padanudhyata along his name like his predecessors, which denotes the cessation of displaying of the nominal allegiance to the Gupta overlords. He was succeeded by His son Dharasena II, who used the title of Mahadhiraja. His son, the next ruler Siladitya I, Dharmaditya was described by Hiuen Tsang as a "monarch of great administrative ability and of rare kindness and compassion. Siladitya I was succeeded by his younger brother Kharagraha I. Virdi copperplate grant (616 CE) of Kharagraha I proves that his territories included Ujj ain. During the reign of the next ruler, his son Dharasena III north Gujarat was incl uded in this kingdom. Dharasena II was succeeded by another son of Kharagraha I, Dhruvasena II, Baladitya. He married the daughter of Harshavardhana. His son Dharasena IV assumed the imperial titles of Paramabhattaraka Mahrajadhiraja Parameshvara Chakravartin. Sanskrit poet Bhatti was his court poet. The next powerful ruler of this dyansty was Siladitya III. During the reign of Siladitya V, Arabs probably invaded this kingdom. The last known ruler of this dyansty was Siladitya VII.
Text Source : http://en.wikipedia.org/wiki/Maitraka

Approximate Valuation of Coin is from USD 10 to USD 20 depending upon condtion of the coin for both billon and silver metal.

[Note : Valution is based on price of the coin available of various numismatics auction websites and catalogs]

 
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