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Showing posts with label Bombay Mint. Show all posts
Showing posts with label Bombay Mint. Show all posts

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.

Friday, February 27, 2015

The Most Beautiful Coin Of Republic India



The Most Beautiful Coin Of Republic India







Inarguably the most beautiful coin of the Indian Republic is the International Year of the child coin. The single 100 rupees coin comes in two formats and two different sizes (according to weight). The coin has found its way on the covers of many numismatic books and guides. Its sheer crafting and its finishing looks are splendid. No other Republic Indian coin issued till today holds the title of being the most beautiful. It is also based on the theme of IYC which is of course a beautiful theme in itself. I dare to say that this coin is the most beautiful coin in the world based on this theme. Yes, there are lots of coins based on IYC issued by many different countries but this coin stands out uniquely in its beauty.
Now where there is beauty there is also a beast nearby, talking about the replica coins and the duplicates China is beyond fathomable comparisons. Lots of fake Chinese coins exist in the market, perhaps the largest number of fakes for this coins and it brings out the sweat of even the accomplished experts to judge the real coin. So be sure to buy the real one and keep away from the fake ones.

  • This coin was issued in two formats The Proof Set and The Pie fort.
  • There is only one Pie Fort coin issued in India and it’s to commemorate the “International Year of Youth”
  • First time a commemorative was released as a Single Coin
  • First time there is no UNC Set
  • First time there are no coins for regular circulation
  • Booking for individual coin collector was limited to only 2 proof sets and 1 pie fort
  • Only “Paramount International Coin Corporation” was permitted by mint to export these coin sets.




I hope this satisfies your imagination for perfection. I say this is a lovely coin but possessing a beautiful lady is a costly affair but nevertheless it is justified one. The current price for the proof set is around Rs 12000 to 20000 (depends also on the accompanying cover and the card) and the pie fort price is around Rs 80,000 to 10,0000. So we can see it’s a costly affair but love for coins makes us do some unanticipated things. I won't call it just the love for the coins it is a passion.