PM Modi releases commemorative coin of Rs 75. Here’s how you can get one

PM Modi releases commemorative coin of Rs 75. here ‘s how you can get one
New Delhi: Prime Minister Narendra Modi on Friday released a commemorative mint of Rs 75 to mark the 75th anniversary of the Food and Agriculture Organisation ( FAO ). The coin will stand as an ode to the long-standing relations between India and the UN agency. Earlier this week on Monday, PM besides released a commemorative coin of Rs 100 denomination to celebrate the Birth Centenary of Rajmata Vijaya Raje Scindia today through video conference .
Can you get a commemorative coin:

Have you ever wondered where you could get these coins from ? The commemorative coins are not issued in cosmopolitan circulation but citizens can get them if they want. commemorative coins in India are normally issued to celebrate some particular affair or to mark a extra event. sometimes they are issued as a notice of respect towards some distinguished individuals or repository .
A little fun fact, the inaugural modern commemorative coin in India was issued in 1964 depicting India ’ s first Prime Minister Jawaharlal Nehru. It was issued to commemorate his give birth anniversary. Following that, many more commemorative coins have been issued over the year. All four amerind mints, namely Mumbai, Kolkata, Hyderabad and Noida, have produced commemorative coins. The commemorative coins may be issued for general circulation or for coin collectors in particularly marketed packages .
The specially marketed packages for collectors can be either uncirculated sets or validation sets, the latter being more expensive. commemorative coins are issued in assorted denominations, ranging from 5 paisa to 100 rupees. The lower appellation coins are normally for general circulation and their alloy musical composition is normally in line with the regular coins. On the other hand, the higher denominations normally contain some silver and are meant for collection purposes alone .
While the lower denomination coins can be found in general circulation and you do not have to make any limited feat to get them, the specially issued collector commemorative coins can be ordered directly from the mint during a stipulate time period. apart from mints, these coins can be found with respective coin dealers arsenic well at dirty prices .
Where and how to get commemorative coins?

The UNC ( uncirculated ) sets and proof sets are issued by IG ( indian Government ) mint, Alipore, Kolkata or IG mint, Mumbai. In 2006, the government took a decisiveness to Corporatise all the Mints & Presses. consequently, Security Printing and Minting Corporation of India Limited ( SPMCIL ), a wholly-owned Schedule ‘ A ’ Miniratna Category-I company of Government of India, was incorporated. The management, manipulate, maintenance and operations of the once nine product units under Currency and Coinage division, Department of Economic Affairs, Ministry of Finance, Government of India, was transferred to SPMCIL .
In order to obtain these commemorative coins directly from the mint, you can visit the web site of IG mint Kolkata, IG Mint Mumbai IG Mint Huderababd to place an order. Mumbai mint even lets you order online using accredit card. You can book them online by visiting the respective mint web site. typically, they start their bookings about 3–6 months in progress. You can even visit the Mumbai mint office personally and purchase the mint. There is a list put up on their notice board that mentions the coins that are available for sale and its price .
commemorative Issues ( UNC Set and Proof Sets ) are issued by Mints and typically Pre-booking is the average. Booking in Advance needs to be done. generally, ads for such book does appear in newspapers and there is a prison term period in which one can book such sets .
SPMCIL has besides started sale of commemorative mint sets of different themes through the commemorative mint sales counter.
The mint sets may be purchased by providing details as per the order shape available on their web site igmmumbai.spmcil.com. The forms will besides be made available at the antagonistic in Mint premises.

The payment is to be made either by Demand Draft/ ay Order tie on any schedule bank in prefer of ‘ INDIA GOVERNMENT MINT ( UNIT OF SPMCIL ) COLLECTION A/C ’ collectible at Mumbai or by using Debit/Credit Card ( VISA and MasterCard ) at the sales counter. Payment through check and cash is not accepted. The mint sets can be purchased on any work day from Monday to Friday between 10 am to 12 noon. The mint sets are delivered across the counter on acknowledge of payment as stated above .
PAN Card is to be produced compulsorily for authentication purpose on buy of more than 10 coins per root entirely. The antagonistic remains closed on Saturday, Sunday and public holidays. In arrange to facilitate polish operation of counter sale, maximum of 30 persons are allowed per day on first come and first serve .

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Category : Coin