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COINAGE OF ONE HUNDRED FIFTY RUPEES AND FIVE RUPEES COINS TO COMMEMORATE THE OCCASION OF "150TH BIRTH ANNIVERSARY OF MOTILAL NEHRU" RULES, 2012

COINAGE OF ONE HUNDRED FIFTY RUPEES AND FIVE RUPEES COINS TO COMMEMORATE THE OCCASION OF "150TH BIRTH ANNIVERSARY OF MOTILAL NEHRU" RULES, 2012

Preamble - COINAGE OF ONE HUNDRED FIFTY RUPEES AND FIVE RUPEES COINS TO COMMEMORATE THE OCCASION OF "150TH BIRTH ANNIVERSARY OF MOTILAL NEHRU" RULES, 2012

COINAGE OF ONE HUNDRED FIFTY RUPEES AND FIVE RUPEES COINS TO COMMEMORATE THE OCCASION OF "150TH BIRTH ANNIVERSARY OF MOTILAL NEHRU" RULES, 2012

PREAMBLE

In exercise of the powers conferred by clauses (d) and (e) of sub-section (2) of section 24 of the Coinage Act, 2011 (11 of 2011), the Central Government hereby makes the following rules, namely:-


Rule 1 - Short title and commencement

(1) These rules may be called the coinage of One Hundred Fifty Rupees and Five Rupees coins to commemorate the occasion of "150th Birth Anniversary of Motilal Nehru" Rules, 2012.

(2) They shall come into force on the date of their publication in the Official Gazette.


Rule 2 - Rule 2

      (a) The coins of the following denominations shall be coined at the Mint for issue under the authority of the Central Government to commemorate the occasion of "150th Birth Anniversary of Motilal Nehru", namely:-

(i) One Hundred Fifty Rupees;

(ii) Five Rupees;

(b) the coins of the above denominations shall conform to the following dimensions, designs and composition, namely:-

Denomination of the coin

Shape and outside diameter

Number of Serrations

Metal Composition

(1)

(2)

(3)

(4)

One Hundred Fifty Rupees

Circular 44 millimeters

200

Quaternary Alloy

Silver-50%

Copper - 40%

Nickel - 5%

 

 

 

Zinc - 5%

Five Rupees

Circular 23 millimeters

100

Nickel Brass

Copper-75%

Zinc - 20%

Nickel- 5%

DESIGN

1. ONE HUNDRED FIFTY RUPEES 

OBVERSE

The face of the coin shall bear the Lion Capitol of Ashoka Pillar in the centre with the legend "lR;eso t;rs" inscribed below, flanked on the left periphery with the word "Hkkjr" in Devnagri script and on the right periphery flanked with the word "INDIA" in English. It shall also bear the Rupee symbol"`" and denominational value "150" in International Numerals below the Lion Capitol.

REVERSE

The face of the coin shall bear the picture of "Motilal Nehru" in the centre, with inscription "eksrhyky usg: dh 150oha t;arh" in Devnagri script on the upper periphery and "150th BIRTH ANNIVERSARY OF MOTILAL NEHRU" in English on the lower periphery. The year "2012" shall be inscribed below the picture of Motilal Nehru.

2. FIVE RUPEES

OBVERSE

The face of the coin shall bear the Lion Capitol of Ashoka Pillar in the centre with the legend "lR;eso t;rs" inscribed below, flanked on the left periphery with the word "Hkkjr" in Devnagri script and on the right periphery flanked with the word "INDIA" in English. It shall also bear the Rupee symbol ` and denominational value "5" in International Numerals below the Lion Capitol.

REVERSE

The face of the coin shall bear the picture of "Motilal Nehru" in the centre, with inscription "eksrhyky usg: dh 150oha t;arh" in Devnagri script on the upper periphery and "150th BIRTH ANNIVERSARY OF MOTILAL NEHRU" in English on the lower periphery. The year "2012" shall be inscribed below the picture of Motilal Nehru.


Rule 3 - Standard weight and remedy allowed

The standard weight of the coins of the following denominations, coined to commemorate the "150th BIRTH ANNIVERSARY OF MOTILAL NEHRU" and the remedy allowed in making of such coins shall be as specified in the following Table, namely: -

TABLE

Denomination of the coin

Standard Weight

Remedy Allowed In Composition

In Standard Weight

(1)

(2)

(3)

(4)

One Hundred Fifty Rupees

35 Grams

 1/500th plus or minus for silver, that is to say the Silver content may vary from 498 to 502 per 1000

1/100th plus or minus that is to say, the weight could vary from 34.65 grams to 35.35 grams.

Five Rupees

6 Grams

1/100th plus or minus for Copper and Zinc, that is to say, Copper could vary from 74% to 76% and Zinc from 19% to 21% and 1/200th plus or minus for Nickel that is to say Nickel could vary from 4.5% to 5.5%.

1/40th plus or minus that is to say, the weight could vary from 5.85 grams to 6.15 grams.