THE Rs 100/- COIN
100 rupee coin was issued by the Union government to commemorate the completion of 150 years by the Indian Railways. ''This marks the first instance of the Indian Railways having been afforded a chance to be part of India's minting history,'' informs a senior official of the railway ministry. While the hundred-rupee coin will be available as a collector's item, a million two-rupee coins, bearing the Indian Railway's mascot 'Bholu' on them, will be released simultaneously for the purpose of circulation.
''The design for both coins - Rs 2 for circulation and Rs 100 as commemorative pieces - has been approved,'' elaborates the railway ministry official, ''In fact, both coins were supposed to be released quite a while back, but clearance from the finance ministry and the RBI - which is mandatory - took up time.'' Of course, the issue of the sabse bada rupaiyah on the block adds to a lengthy list of commemorative coins introduced earlier. For the record, coin-collectors have an opportunity to cash in whenever the Centre issues a coin to mark an event of national significance, such as the freedom movement and the hosting of the Asian Games. The yearlong birth centenary celebrations of the second Prime Minister Lal Bahadur Shastri drew to a close on Tuesday with the release of two commemorative coins in the denomination of Rs. 100 and Rs. 5. Released by Prime Minister Manmohan Singh at a function organised by the Culture Ministry, only the Rs. 5 coin will be in circulation.
''The design for both coins - Rs 2 for circulation and Rs 100 as commemorative pieces - has been approved,'' elaborates the railway ministry official, ''In fact, both coins were supposed to be released quite a while back, but clearance from the finance ministry and the RBI - which is mandatory - took up time.'' Of course, the issue of the sabse bada rupaiyah on the block adds to a lengthy list of commemorative coins introduced earlier. For the record, coin-collectors have an opportunity to cash in whenever the Centre issues a coin to mark an event of national significance, such as the freedom movement and the hosting of the Asian Games. The yearlong birth centenary celebrations of the second Prime Minister Lal Bahadur Shastri drew to a close on Tuesday with the release of two commemorative coins in the denomination of Rs. 100 and Rs. 5. Released by Prime Minister Manmohan Singh at a function organised by the Culture Ministry, only the Rs. 5 coin will be in circulation.
Addressing the function, Dr. Singh said centenary celebrations should not be merely occasions for making speeches and eulogising the departed. "They should be occasions for introspection.'' Listing the steps taken by the Government over the past year to commemorate Shastri, he said: "I am sure all these programmes have made a new generation of our citizens appreciate the personality of Shastriji and his enormous contributions to our nation.'' Stressing the need to record the contribution of the great leaders of Indian history so that it inspires future generations, he said: "Every citizen of our country must know what sacrifices were made by our leaders to attain Independence. Every student must know how our Republic was built brick by brick to create this magnificent edifice of a new, resurgent India.'' Union Finance Minister P. Chidambaram said Shastri embodied high thinking and simple living. Recalling how he filled the void created by the death of Jawaharlal Nehru, the Minister said the Rs. 5 commemorative coin would be available at the Lal Bahadur Shastri Memorial in the Capital from Wednesday. The Rs. 100 coin, he said, would be available on order. Union Culture Minister S. Jaipal Reddy said though curtains were being dropped on the yearlong celebrations, the programmes that were planned for the year but not completed would be undertaken; budgetary constraints
notwithstanding. Government of India is selling Rs 100 and Rs 50 coins. People who are interested to buy these coins can book them online by paying just Rs2740/ coin. Government will delivery these coins within 6 months from the date of order. Here are the images of Rs 100 coin . Government is selling these coin in an attractive package which consists of Rs 100 coin and Rs 5 coin. This particular coin set is released to Commemorate the “Birth Centenary of Perarignar Anna” The back page of the cover shows the composition of the Rs 100 coin. The Rs 100 coin weighs 35 grams with 44 mm diameter. This is made up of Silver(50%), Copper(40%), Nickel(5%), and Zinc(5%). The reverse side of the package shows the details/history of the Perarignar Anna in English. The obverse side of the package shows the details/history of the Perarignar Anna in Hindi. Government of India also released Rs 100 coins to
- Commemorate the “125th Birth Anniversary of Dr.Rajendra Prasad
- Commemorate the "150th Birth Anniversary" of Rabindranath Tagore
- XIX Commonwealth Games 2010 Delhi
You can buy these coins by vising the official site of Indian Government Mint, Kolkata www.igmint.org/. A hundred reasons for money to come full circle? Yes! The Rs-1000 note might be the grand-daddy of all when it comes to cash printed on paper, but the Centre has just coined a new currency which guarantees paisa vasool. Not surprisingly, since the Rs-100 coin is a commemorative piece, it will be in limited supply as against the one million Rs-2 coins. ''Collectors can place orders once the government issues public advertisements in this regard,'' informs the ministry official, ''While the actual value of the Rs-100 coin will be less than its face value, the exact retail price has not been decided on as yet. At the same time, the Rs-2 coins will be released for circulation via the normal banking routes.'' Incidentally, the Indian Postal Department has also pitched in on the occasion of the Indian Railways celebrating 150 years of its existence by issuing a stamp to mark the occasion. What's more, the postal department had issued a stamp recently to mark the centenary celebrations of the first ascent of Mount Everest. At another level, with the Indian Railways turning 150, will the public finally get value for money? Well, we'll probably have to toss a coin to find out!
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