| Bimetallic Rs 10 Coins - Two Themes |
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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 Diversity2. Connectivity and Information technologyDetails of Bimetallic Coins
1. Unity in Diversity
Metal : Outer Ring - Aluminum and Bronze , Inner Part : Nickel and Copper
Mint : Noida
Reverse : Ashoka's Lion Capitol and Denomination(in Figures) in Center , Year 2007 and Mint Mark.
2. Connectivity and Information Technology
Metal : Outer Ring - Aluminum and Bronze , Inner Part : Nickel and Copper
Mint : Noida
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]
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