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Thursday, March 26, 2015

Other good and costly coins of Republic Of India II



Food for All 1971 10 rupees coin




 The proof coin has incused 'B' while the UNC coin has the diamond mark 



Very beautiful coin with 80% silver, what is rare is its pricing compared to the 1970 coin of the same denomination. The price range of 1970 coin is Rs 3500 to 4000 while the price of 1971 coin is in the range of Rs 6000 to 7000.

 

It’s not easy to understand this disparity as seeing by numbers the proof sets of 1970 coins are available less as they were produced lesser than the proof coins of 1971 coins. Also this coin of 1971 is uncirculated, means it never came in the regular circulation. Seeing the UNC coins 1970 coin was produced in huge numbers as it was in the circulation. Apart from this there are no differences in these two coins, so we can see this again as the example of marketing and making it rare for the sole profit of the suppliers.

Also one more wonderful worth noting thing is that even the 20 paise coin issued in 1971 is valuable even though there is no difference between this coin and other 20 paise coins.

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