Coin to commemorate the Golden Jubilee of Republic


NEW FIVE RUPEE AND TWO RUPEE COIN TO COMMEMORATE THE GOLDEN JUBILEE OF REPUBLIC


A new Five Rupee Coin and Two Rupee Coin each in Cupro-Nickel Alloy are being issued by Government of India for circulation through the Reserve Bank of India and its agencies to commemorate the Golden Jubilee of Republic.

The coins will be released by the President of India in the Central Hall of Parliament House on 27th January 2001. Like the existing Five Rupee coin, the new coin will be in circular shape with outside diameter of 23 millimeters, 100 serrations and 9 grams in weight. Its metal composition will be 75% Copper and 25% Nickel with security edges. The new two Rupee coin will be eleven sided in shape, 26 millimeters in size from flat to crest and 6 grammes in weight. Its metal composition will be 75% Copper and 25% Nickel.

The obverse face of the coin shall bear the Lion Capitol of Ashoka Pillar in the centre with the legend "Satyamev Jayte " inscribed below in Hindi and it shall bear the denomination value "5" and "2" respectively in International Numeral below the Lion Capitol. It will be flanked on the left upper periphery with the word "Bharat " in Hindi on the right upper periphery with the word "INDIA" in English, on the left lower periphery with the word "Rupiya " in Hindi and on the right lower periphery with the word " RUPEES" in English.

The reverse face of the coin shall bear the national emblem in the centre with "50" in International Numerals below it. On the lower periphery it shall depict a panorama of flowing, powerful waves of a sea. On the upper left periphery the words "Gantantra ke pachas saal " inscribed in Hindi and on the right upper periphery the word "GOLDEN JUBILEE OF REPUBLIC" in English shall appear. The figure "1950-2000" shall be shown below the theme in international Numerals.

The edge of the coin shall be milled with a serrated or upright milling and security edge. In the centre of the edge there shall be a shallow groove with a design inside the two sections, separated by blank spaces. This design shall consist of chain of beads in relief and each bead being followed by one inclined line in relief. There shall be total 30 lines and 30 beads.

These coins are legal tender as provided in the Coinage Act, 1906. The existing Five Rupees and Two Rupee Coins in Cupro-Nickel Alloy weighing 9 grammes and 6 grammes respectively, now in circulation shall also continue to be legal tender.

Similarly the Proof and UNC sets were also supposed to have a Rs 50 Silver Coins with the same theme.




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