Numismatic (coins and notes) investment
- Thread starter niftyoption
- Start date
1911 Silver Rupee Coin "The Pig Controversy" King George V
In 1911 the British Government ruling the Indian land introduced new design of the Silver Rupee coins. These coins were introduced to celebrate the coronation of the new British King - George V. The obverse side of these silver rupee coins showed the King with beautifully decorated robes. This coin one of my most favourite coins since it's design is very much unique. Until 1910, there were King Edward silver rupee coins in circulation. This new design introduced after a decade was enough to attract the attention of the Indians.
The Controversy & Rarity
The new design of the coin was attractive in the first look however, there was a huge controversy amongst the Indians over this. The King George V looked very appealing on the coin however, the decoration which was used had a small elephant on it as per the British Government. However, the trunk of this elephant was not sleek enough to resemble a trunk. Instead it looked more like a "Pig". During those days, Indians considered a Pig as something awful and bad. Hence, this coin was rejected in markets by Indians as they believed that it was not a good sign. The rupee was also called as a "Pig Rupee" and the controversy is referred as the Pig Issue.
The British Government also felt that having a Pig symbol on the King's robe is not appropriate. Hence, all such coins were withdrawn from circulation and later melted. Out of the 9.4 million pieces struck at both the mints, only 7,00,000 were issued. The remainder and the withdrawn pieces were melted down.
In 1911 the British Government ruling the Indian land introduced new design of the Silver Rupee coins. These coins were introduced to celebrate the coronation of the new British King - George V. The obverse side of these silver rupee coins showed the King with beautifully decorated robes. This coin one of my most favourite coins since it's design is very much unique. Until 1910, there were King Edward silver rupee coins in circulation. This new design introduced after a decade was enough to attract the attention of the Indians.
The Controversy & Rarity
The new design of the coin was attractive in the first look however, there was a huge controversy amongst the Indians over this. The King George V looked very appealing on the coin however, the decoration which was used had a small elephant on it as per the British Government. However, the trunk of this elephant was not sleek enough to resemble a trunk. Instead it looked more like a "Pig". During those days, Indians considered a Pig as something awful and bad. Hence, this coin was rejected in markets by Indians as they believed that it was not a good sign. The rupee was also called as a "Pig Rupee" and the controversy is referred as the Pig Issue.
The British Government also felt that having a Pig symbol on the King's robe is not appropriate. Hence, all such coins were withdrawn from circulation and later melted. Out of the 9.4 million pieces struck at both the mints, only 7,00,000 were issued. The remainder and the withdrawn pieces were melted down.
REGULAR CROSS COINS, ISSUED IN INDIA
During the period 2004 - 2007 the RBI introduced some coins on the theme “UNITY IN DIVERSITY”. The 1 rupee and the 5 rupees coins show a “plus" symbol with four dots on each side. The 2 rupees and the 10 rupees coins show a “double plus" symbol with four dots on each side. As these plus signs resembled a Christian Cross, these coins are popularly called as Cross coins.
The 1 rupee coin was minted in the years 2004, 2005, and 2006. The 2 rupees coin was minted in the years 2005, 2006 and 2007. The 5 rupees coin was minted in 2007. The 10 rupees coin was minted in the years 2005, 2006, and 2007.
When there was a massive public protest against the issue of these Christian Cross Coins and UPA (manmohan singh)Government , RBI stopped the mintage of this design on coins from 2007.
Minor Die-Variations in issue of 2005:
a) 1 Rupee of 2005 ( Kolkata Mint) :
We find 2 different dies on the Reverse side of this coin.
Die-I : The value written in English and Hindi are farther from the rim
Die-II : The value written in English and Hindi are closer to the rim
Issue of 2004:
This is one of the rarest coins issued in the Indian Republic.
Issue of 2005:
This is the most common coin of the 1 rupee cross series.
The 5 rupees Cross coin:
This coin was minted only in the year 2007 by Kolkata mint. This is one of the scarce coins of India.
Issue of 2005:
This coin is one of the scarce coins.
During the period 2004 - 2007 the RBI introduced some coins on the theme “UNITY IN DIVERSITY”. The 1 rupee and the 5 rupees coins show a “plus" symbol with four dots on each side. The 2 rupees and the 10 rupees coins show a “double plus" symbol with four dots on each side. As these plus signs resembled a Christian Cross, these coins are popularly called as Cross coins.
The 1 rupee coin was minted in the years 2004, 2005, and 2006. The 2 rupees coin was minted in the years 2005, 2006 and 2007. The 5 rupees coin was minted in 2007. The 10 rupees coin was minted in the years 2005, 2006, and 2007.
When there was a massive public protest against the issue of these Christian Cross Coins and UPA (manmohan singh)Government , RBI stopped the mintage of this design on coins from 2007.
Minor Die-Variations in issue of 2005:
a) 1 Rupee of 2005 ( Kolkata Mint) :
We find 2 different dies on the Reverse side of this coin.
Die-I : The value written in English and Hindi are farther from the rim
Die-II : The value written in English and Hindi are closer to the rim
Issue of 2004:
This is one of the rarest coins issued in the Indian Republic.
Issue of 2005:
This is the most common coin of the 1 rupee cross series.
The 5 rupees Cross coin:
This coin was minted only in the year 2007 by Kolkata mint. This is one of the scarce coins of India.
Issue of 2005:
This coin is one of the scarce coins.
Then I have this big size 10 rupee note, age known (year not written). K35 series, 719071
Where do they write the year ?? Is it hidden ?
Where do they write the year ?? Is it hidden ?
it is a rare note .....congratulations :clapping: :thumb:
During the tenure of Sir B.Rama Rau (RBI Governor from 01.07.1949 to 14.01.1957 during the early pat of his tenure, in January 1950. Later, in August 1951, the design was altered to include Hindi on the front/face of the Note but only to mention the denomination of the Note “Dus Rupiya” (Ten Rupee). However, the Hindi translation was incorrect and was corrected in later notes issued in April 1953, to read as “Dus Rupiye” (Ten Rupees) instead of “Rupiya”.
Given below is an image of a ten Rupee Note issued during Sir B. Rama Rau’s tenure, in my collection, with the incorrect Hindi spelling “Dus Rupiya” indicating that the vintage of this Note is around 1952/1953 (it is issued with an “N” Prefix).Also, notice that the serial number of the Note is mentioned in two places on the bottom, on either side of the RBI Governor’s signatures.
he undernoted image is that of the back/reverse of the above Note continuing with the image of the three sail sailing boat and 7 Regional Indian languages. The “Ten Rupees” in English shown on the right hand side of the Note issued during the British period, has been replaced by “ Dus Rupiya”, in Hindi (again, incorrect Spelling) which was corrected in later Notes to “Rupiye”.
The design with the corrected Hindi spelling was continued during the tenures of H.V.R.Iyengar (RBI Governor from 01.03.1957 to 28.02.1962) and P.C.Bhattacharya (RBI Governor from 01.03.1962 to 30.06.1967). Also, the number of Regional languages at the back were raised to 13.
The size of these Notes was 83 x 146 mm. The value of these Notes ranges between Rs.10000/- (for earlier issues) to about Rs.1000/- for later issues. IT IS DEPEND UP ON NOTE CONDITION …UNC NOTE VALUE 10000 /- MAXIMUM …..USED NOTE 1000 /- in numismatic market
1911 Silver Rupee Coin "The Pig Controversy" King George V
In 1911 the British Government ruling the Indian land introduced new design of the Silver Rupee coins. These coins were introduced to celebrate the coronation of the new British King - George V. The obverse side of these silver rupee coins showed the King with beautifully decorated robes. This coin one of my most favourite coins since it's design is very much unique. Until 1910, there were King Edward silver rupee coins in circulation. This new design introduced after a decade was enough to attract the attention of the Indians.
The Controversy & Rarity
The new design of the coin was attractive in the first look however, there was a huge controversy amongst the Indians over this. The King George V looked very appealing on the coin however, the decoration which was used had a small elephant on it as per the British Government. However, the trunk of this elephant was not sleek enough to resemble a trunk. Instead it looked more like a "Pig". During those days, Indians considered a Pig as something awful and bad. Hence, this coin was rejected in markets by Indians as they believed that it was not a good sign. The rupee was also called as a "Pig Rupee" and the controversy is referred as the Pig Issue.
The British Government also felt that having a Pig symbol on the King's robe is not appropriate. Hence, all such coins were withdrawn from circulation and later melted. Out of the 9.4 million pieces struck at both the mints, only 7,00,000 were issued. The remainder and the withdrawn pieces were melted down.
In 1911 the British Government ruling the Indian land introduced new design of the Silver Rupee coins. These coins were introduced to celebrate the coronation of the new British King - George V. The obverse side of these silver rupee coins showed the King with beautifully decorated robes. This coin one of my most favourite coins since it's design is very much unique. Until 1910, there were King Edward silver rupee coins in circulation. This new design introduced after a decade was enough to attract the attention of the Indians.
The Controversy & Rarity
The new design of the coin was attractive in the first look however, there was a huge controversy amongst the Indians over this. The King George V looked very appealing on the coin however, the decoration which was used had a small elephant on it as per the British Government. However, the trunk of this elephant was not sleek enough to resemble a trunk. Instead it looked more like a "Pig". During those days, Indians considered a Pig as something awful and bad. Hence, this coin was rejected in markets by Indians as they believed that it was not a good sign. The rupee was also called as a "Pig Rupee" and the controversy is referred as the Pig Issue.
The British Government also felt that having a Pig symbol on the King's robe is not appropriate. Hence, all such coins were withdrawn from circulation and later melted. Out of the 9.4 million pieces struck at both the mints, only 7,00,000 were issued. The remainder and the withdrawn pieces were melted down.