Showing posts with label Commemorative Issues. Show all posts
Showing posts with label Commemorative Issues. Show all posts

Thursday, December 21, 2006

Commemorative Issues

Commemorative coins are coins that were issued to commemorate some particular event or issue. Most world commemorative coins were issued from the 1960s onward, although there are numerous examples of commemorative coins of earlier date. Such coins have a distinct design with reference to the occasion on which they were issued. Many coins of this category serve as collectors items only, although some countries are also issuing commemorative coins for regular circulation. Vast numbers of thematic coins are continuously being issued, highlighting ancient monuments or sites, historical personalities, endangered species etc.

India issues several types of coins. Commemorative coins in various denominations have been issued, including those celebrating Mahatma Gandhi, Jawaharlal Nehru, Indira Gandhi, Rajiv Gandhi, B. R. Ambedkar, Dnyaneshwar, Sardar Vallabhbhai Patel, Subhash Chandra Bose, 1982-Asian Games, Sri Aurobindo, Chittaranjan Das, and Chhatrapati Shivaji.

Subcategories
Coins can be seen as being of one of three types:

Regular issue coinage are the normal coins intended to be used in commerce every day and are typically issued with the same design for several years.Eg. one rupee coin seen daily.



Circulating commemoratives are intended to be used for commerce, but the design will only be issued for a limited time, is intended to draw some attention to a specific event or person. Eg. Subhash Chandra Bose 2 Rupee coin 1997.


Non circulating legal tender (NCLT) are coins which are legal tender, and thus can in theory be used to purchase goods or services, but are not intended to be used in such a manner. Rather they are intended to be used only as souvenirs, and are often produced in gold or silver with a proof finish. Eg. 100 Rupees coin , Mahatma Basaveshwara.



Click Here To view the list of commerative coins minted by Mumbai Mint.

Click here to view the list of commerative coins minted by Kolkata Mint




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