PROOF SET - 100 RS Coin for 150 years of Telecommunications

150 YEARS OF TELECOMMUNICATIONS

Obverse


Reverse

NEW COIN RELEASE

The following new coins were in queue to new release by Indian Mints. The notification from the mints for coin booking will come later. All coin collectors and Numismatists be ready to grab these coins.

1) 2010 new coins to mark 150 years of existence of the Income Tax department

2) 2010 100 years of Mother Teresa

3) 2010 Thanjavur Temple 1000 years

4) 2010 RBI platinum jubilee (NEW 75 Rupees, 10, 5, 2 Rs + 1 Rs.)

5) 2010 Commonwealth Games, to be held in New Delhi 2010

6) 2010 Vivekanand, Spiritual leader, Birth 150 years

Note: I already applied for Rabindranath Tagore, Rajendra Prasad, Perarignar Anna and 60 Years of Common Wealth sets. Now waiting to book the above mentioned sets.

Mint Marks

The responsibility for coinage vests with the Government of India in terms of the Coinage Act, 1906 as amended from time to time. The designing and minting of coins in various denominations is also the responsibility of the Government of India.

Coins are minted at the four India Government Mints at Mumbai, Kolkata, Hyderabad and Noida. Apart from these Mints Indian Government has minted coins from foreign mints due to scarcity of Coins.

Mumbai Mint - The Mumbai Mint has a small dot or diamond mint mark under Date of the Coin.
Kolkata Mint - The Kolkata Mint has No Mint Mark beneath the date of coin.
Hyderabad Mint - The Hyderabad Mint has split diamond or a dot in diamond or five pointed STAR under the date of coin.
Noida Mint - The Noida Mint has a small or thick dot under the date of the Coin.

Foreign Mints
Taegu (Korea) Mint - The Taegu mint has a "Five Pointed Star"under the date of the coin but exactly below the first or Last Digits of dates 1985 (50 Paise) and 1997 (2 Rupees).
Royal London Mint - The Birmingham Mint has a small dot under the date of the coin but exactly below the First Digit of Date 1985 (1 Rupee).
Royal Canadian Mint, Ottawa - This Ottawa Mint has a "C" mint mark under the date of the coin.
Mexico Mint - The Mexico City Mint has an mint mark of M beneath O under the date of the coin.
Kremnica, Slovakia – This Mint has a mint mark of MK in circle below the date of the coin.
Moscow – This mint has a mint mark of MMD in oval below the date of the coin.

60 YEARS OF COMMONWEALTH - NEW COIN BOOKING

Mumbai Mint started New Coin Booking and it will close on 31st August. If you want to book the Proof set and Uncirculated set, then visit: http://www.mumbaimint.in/coinbooking.aspx



Now new coin booking is going for:
60 years of Commonwealth (Uncirculated Coins) - Price is Rs. 2,310.00
60 years of Commonwealth (Proof Coins) - Price is Rs. 2,740.00

They mentioned in their site that they will deliver the coin set within 6 months. But it will happen very rare. They will send the coin set atleast 9 to 12 months.

150 Rupee coin - First Time In India

Kolkata mint is releasing 3 proof set and unc set coins in the memorable of Rabindranath Tagore, Rajendra Prasad and Perarignar Anna.

150 Rupee coin - First Time In India

In that, Rabindranath Tagore proof and unc set will consist of 150 Rs coin and a 5 Rs coin. I think this is the first time 150 Rs coin being printed in India.

Rajendra Prasad and Perarignar Anna Sets will have 100 Rs and 5 Rs coins.

Booking Period

Coin bookings for these 3 sets are open from 19 July 2010 to 19 aug 2010. You can do your bookings on the Kolkata mint site: igmint.org

Why you need to buy these coin sets?

Those who wants to save their money for their future can invest in these coins. They will appreciate in their value over a long term. And, It will be a very safe investment too. In next 5 years, it will give you atleast 5 times return which other investment avenues can't give you.