New 75 Rupees Coin: Features, Price, Image, When, Where, And How to Purchase

The launch of the new 75 Rupees commemorative coin by Prime Minister Narendra Modi to mark the inauguration of the new Parliament building has created a buzz among collectors and enthusiasts. This article provides all the essential information about the coin, including its features, price, image, and details on when, where, and how to buy it.

Features of the New 75 Rupees Coin

The coin weighs between 34.65 and 35.35 grams and features the iconic Lion Capital of the Ashoka Pillar at its center. The words "Bharat" in Devanagari script and "INDIA" in English are inscribed on either side of the Lion Capital. Additionally, the coin includes the rupee symbol "₹" and the denominational value "75" in international numerals below the Lion Capital. On the other side, the Parliament Complex and the year "2023" are displayed. The composition of the coin consists of 50% silver, 40% copper, 5% nickel, and 5% zinc.

Understanding Commemorative Coins

Commemorative coins are specially minted to honor significant occasions, events, or themes. While they are legal currency, they are not intended for regular circulation. Instead, they are produced as collectibles due to their unique designs and limited availability.

When, Where, and How to Purchase the New Rs.75 Coin

Collectors can purchase the new 75 Rupees coin both online and offline. Advertisements are usually published in newspapers prior to the release, providing details about the booking window. Booking in advance is required, sometimes several months ahead of the release date. Alternatively, individuals can personally visit the mint to make a purchase.

Online orders can be placed through the government's official website, www.indiagovtmint.in. Payments can be made using debit/credit cards or demand drafts, while cash and cheques are not accepted. For purchases exceeding a count of 10 coins, it is necessary to have a PAN card.

Pricing Details

The government has not disclosed the price of the new 75 Rupees coin. However, mint officials can provide this information at the time of purchase. Interested buyers can check the notice board at the mint for comprehensive details regarding pricing.

The Significance of Commemorative Coins

Since 1960, India has produced 150 commemorative coins, celebrating significant individuals, government initiatives, and important historical eras. The Coinage Act of 2011 grants the central government the authority to mint coins of various denominations, while the RBI's responsibility is limited to their distribution.

Owning the new 75 Rupees commemorative coin not only adds a unique piece to your collection but also represents a special milestone in the history of India. Stay tuned for updates on availability and pricing, and seize the opportunity to be a part of this significant moment.