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The mint is opposite the Reserve Bank of India in the Fort area of South Mumbai. Initially governed by the governor of the Bombay Presidency, it was transferred to the Government of India on 18 May 1876 through Finance Department Resolution 247. In 1918, a branch of the Royal Mint of London was set up to issue British sovereigns. In April 1919 ...
Mumbai Mint has a state-of-the-art gold refining facility up to 999.9. Hyderabad Mint has electrolytic silver refining facility up to 999.9. Commemorative coins are made at Mumbai and Kolkata. Kolkata and Hyderabad have facilities for making medallions, too. The Noida mint was the first in the country to mint coins of stainless steel.
Under the new Deputy Master, R. R. Kahan, 1,294,372 Sovereigns were struck at the branch mint in Bombay, distinguished from other Sovereigns by the inclusion of a small ‘I’ mint mark for India. The Bombay branch of the Royal Mint ceased operations with the minting of the last sovereign, on 22 April 1919. [3]
The corporation was incorporated by taking over two security presses at Nashik and Hyderabad, two currency note presses at Dewas and Nashik, four mints at Mumbai, Kolkata, Hyderabad and Noida and one security paper mill at Narmadapuram which were working under the direct administrative control of the Ministry of Finance and the Department of Economic Affairs.
One rupee coins (KM# 92.2) in 1997 were also minted in the Mexican Mint. [25] Pretoria: M: Letter "M" in oval: One rupee coins (KM# 92.2) from 1998 to 2000 were also minted in the Pretoria mint, South Africa. [25] Royal Mint • Small dot: One rupee coins (KM# 79.1) in 1985 were also minted in Royal Mint in Llantrisant, United Kingdom. [24]
The major mints in the west responsible for issuing coins for the East India Company included Surat, Bombay (Mumbai or Munbai), and Ahmadabad. From 1621 till 1800, the English sent their precious metal bullion to the Surat mint, controlled by the Nawab, to be coined into local gold mohurs and silver rupees. As the Surat mint was unable to meet ...
RBI Monetary Museum or Reserve Bank of India Monetary Museum is a museum in Fort, Mumbai that covers the evolution of money in India, from the earliest barter system and the use of cowries to paper money, coins, stock markets and modern-day electronic transactions.
India Government Mint, Hyderabad was established in 1803 AD by Mir Akbar Ali Khan Sikander Jah, Asaf Jah III as a private mint and along with other private mints in the country. The mint produced Indian coins in the name of Emperor of India. Initially the mint was situated at Sultan Sahi in Moghalpura suburb of the Hyderabad city.