Commemorative Coins :
manufacturing circulation coins. These coins are issued to commemorate events of historical
and social importance and to celebrate various accomplishments of public and private
organizations. India Government Mint, Mumbai has been releasing commemorative coins since
1964. The commemorative coins issued by the Mint are of very high quality and have a great
demand among coin collectors and numismatists.
Commemorative coins are of two types
Proof coins are the high quality commemorative coins which have a frozen effect on the surface
design of the coin with a mirror finish. These coins are marked with the symbol ‘M’ to indicate
that they are manufactured at Mumbai Mint. These coins are sold at a premium price as they
are manufactured with high quality standards and have high numismatic value.
Uncirculated coins are the high quality commemorative coins which have mirror finish on the
surface but without any frozen effect on the design. These coins are marked with a diamond
symbol to indicate they are stamped at Mumbai Mint. The uncirculated coins are also sold at
premium but they are priced a little lower than the proof coins.
In 1964 production of commemorative coins was started. The first commemorative coin was in the memory of Pandit Jawaharlal Nehru.
Asoka Lion pedestal, denomination below
Translation: Truth alone triumphs
Portrait of ‘Netaji Subhash Chandra Bose’ saluting the flag on the background of cellular jail.
FIRST FLAG HOISTING DAY
30-12-1943 – 30-12-2018
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