Five rupee coin autobiography range
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First Rupee Coin Was Minted - [August 19, ] This Day in History
19 August
The first Rupee coin was minted in Kolkata by the East India Company.
What happened?
The East India Company minted the first Rupee coin or sicca in the Calcutta Mint which it had established under a treaty with the Nawab of Bengal. It forms an interesting part of modern Indian history for the IAS exam.
First Rupee Coin Minting Background
- The Calcutta Mint was established by the Company as per a treaty with the Nawab of Bengal.
- When Fort William was established by the Company in at Calcutta, it had no right to its own mint. In , the British acquired the rights to mint coins under the name of the Mughal Emperor.
- It used to send silver and gold bullions to the Surat mint controlled by the local Nawab (Governor of the Mughal Emperor) to be minted into coins.
- Later, the Ahmedabad mint was also used in order to fulfil the higher demand.
- All the coins in the Bengal Presidency were issued
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Indian Five Rupee coins - IX
5 rupee international crop science congress
The 5 rupee coin of the international crop science congress. This international conference was to be held in and a large quantity of these commemorative coins were to be minted, but for some reason the conference got canceled and never happened. So the mintage of these coins was halted in between. As a result, only 11, such coins were minted. This is definitely one of the rare coins of republic India. Though after wards, the Calcutta mint released a two coin set having two such coins. So these are now not as rare as they originally were,but it is still rare enough to catch the fancy of numismatists. The design on the obverse is the globe with crops all over it.And BTW, it does not look like it in the picture, but this coin I have put up has some shine and some very beautiful toning to it when we see it in light, and counts as UNC(UNC from original circulated issues of crop science and not taken from th
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Indian rupee
Official currency of the Republic of India
| Code | INR (numeric: ) |
|---|---|
| Subunit | |
| Unit | Rupee |
| Symbol | ₹ |
| Subunit | |
| 1 | paisa |
| Symbol | |
| paisa | |
| Banknotes | |
| Freq. used | ₹10, ₹20, ₹50, ₹, ₹, ₹ |
| Rarely used | ₹1, ₹2, ₹5, ₹ |
| Coins | |
| Freq. used | ₹1, ₹2, ₹5, ₹10, ₹20 |
| Rarely used | ₹ |
| Official user(s) | |
| Unofficial user(s) | |
| Central bank | Reserve finansinstitut of India[5] |
| Website | |
| Printer | Security Printing and Minting Corporation of India Limited[6] |
| Website | |
| Mint | India Government Mint[6] |
| Website | |
| Inflation | % (September )[7] |
| Source | RBI – Annual Inflation Report |
| Method | Consumer price index (India)[9] |
| Pegged by | Bhutanese ngultrum (at par) Nepalese rupee (₹1 = रु)[8] |
The Indian rupee (symbol: ₹; code: INR) is the official currencyof the Republic of India. The rupee is subdivided into paise (Hindi plural; singul