Most Precious Coins of India

Most Precious Coins of India: Mule coins, is the number 1 precious rare coin in India that has now become extinct but is really valuable. Coins, in reality, do not need to be expensive to be rare; some are customized as well which adds a lot to their existing values. Coin collectors are enthusiasts that barely miss any chance to treasure such coins; also for them, these coins are non-negotiable in terms of money. So they never sell them out to others. When we talk about the rare coins in India then they even include many which have never been circulated among the common people of the country.

People tend to have a number of obsessions these days; one such obsession is coin collection. It might sound a bit weird to many of you but a lot of people across the globe are having a massive collection of valuable and rare coins. Top 10 Precious Rare Coins in India cannot be found with a single person as they are owned by different individuals or organizations.

No 1. Mule Coins

Mule coins were designed back in the year 1949 when Britishers left after invading India. India after its independence moment in 1947 definitely needed a currency that was made in India and was made for Indians. So at that time, Patrick Brindley came up with the idea of mule coins. These coins were designed in 1949 but were regulated among the common people in 1950.

Earlier many people used the barter system as a mode of buying and selling. But the introduction to these new coins definitely changed the dimension of businesses back then. These coins are historic and were even once sold in London around the year 2013 for millions. In India, only a few people own these coins today and they don’t want to share them with any other.

No 2. Jawaharlal Nehru Commemorative Coins

After India lost its first Prime Minister ever; Pt. Jawaharlal Nehru in 1964 new coins came into existence. Bombay mint was the first one to issue these coins in India. These coins were actually designed to pay a tribute to the late Prime Minister of the country. The value of these coins was either 50 paise or 1 rupee.

The introduction of these coins eased the lives of common people to a great extent but today they have become endangered as only limited people have them. 14th November 1964 was the day when these coins came into existence today the same date is celebrated as Children’s Day in India.

No 3. Brihadeeswarar Temple Commemorative Coins

In the year 2010, the Brihadeeswarar Temple received these coins from the Reserve Bank of India. The amazing thing about these coins was that they are the rarest ones as their value is equivalent to INR 1000. To date, there have not been any coins of this much value circulated among the common people of India.

These coins come with a beautiful mirror finish and anyone can by seeing them recognize that they are precious. If you can spend and are a big coin freak then you can visit Reserve Bank of India headquarters and buy one Brihadeeswarar Temple Commemorative Coin for you or your loved ones.

No 4. Experimental Coin Of Rs 2

In the year 2014 Indian government came up with an idea to launch a Rs 2 coin in Braille. For those who don’t know what Brailee is, it is a language for blind people. The reverse side of the coin has the value written whereas the front side has the Ashoka pillar engraved on it. A classical gallery of Ahmedabad, Gujarat sold such coins for INR 40,000. However, these coins are rare as they were never distributed to common people in India.

No 5. 50 Paisa Cancelled Coin

This rare Indian coin was minted in Mumbai around 1985. Soon after minting the coin, the Bombay mint canceled the design of this rare coin and it was never circulated among the netizens. The Classical Numismatics gallery sold this coin for INR 70,000 during an auction. This coin is expensive as it is the single coin of its kind. Many people wanted to buy it but its present owner is not interested in selling it anymore. The look of this coin is quite similar to that of a regular 50 Paise coin the only difference is the cancellation mark present on the coin.

No 6. 5 Rupees Coin Mahatma Basaveshwara

Rupees coin Mahatma Basaveshwara was minted by the Bombay mint, the mark of diamond on the backside of the coin indicates it’s from Bombay mint. This coin is an expensive one as it is made out of copper, nickel, and stainless steel. Such heavy metals made the coin weigh more than 9 grams. Also, a similarly designed coin was launched in stainless steel that weighed around 6 grams. Today these coins are not being circulated so the people who own them are selling them at high prices as they are found rarely today in India.

No 7. 10 Paise Small Aluminium Coin

10 Paise Small Aluminium Coin coin was introduced in the year 1990 to the world by the Bombay mint but soon this coin’s use was stopped as the mint ended the circulation of such new coins. After the ending of circulation people who have it are literally treasuring it. The weight of this 10 paise coin is around 2.27 g and it is made out of aluminum. The borders of the coins are scalloped well with defined notches.

No 8. Dot Varieties

Dot Varieties coins were made in India by Britishers, queen Victoria’s picture was engraved on the backside of the coin. The value of these coins was Rs1. The border was round in these coins and was beautifully decorated with leaves and floral engravings. Today only a few people own this coin in India and its value is in thousands of rupees. All engraving on these coins was done by marking dots that’s why these are known as the dot variety coins.

No 9. Half Anna

Half Anna can be considered the most ancient one on this entire list. Today it is being sold from 10,000-15,000 in India. Even after paying this much if you want to buy, you must have good links as it is rarely found today. The value of this coin is equivalent to 1/16 of a one rupee coin. This coin is made out of silver grains and today no mint is making it.

No 10. 20 Rupees Coin

The 20 rupee coin came into existence in the year 2019 that’s why it is the latest addition to the rare Indian coins. It is being circulated in the country even today but still many haven’t seen it yet as it is a rare one. The weight of this 20 rupee coin is approximately 9 grams and it has a 12 edged polygon shape.