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The India Government Mint (ISO: Bhārata Sarakāra Ṭakasāla) operated four mints in the country for the production of coins: Mumbai, Maharashtra; Kolkata, West Bengal; Hyderabad, Telangana; Noida, Uttar Pradesh [1] The functions of the mint were replaced by the Security Printing and Minting Corporation of India in 2006.
The India Government Mint, Mumbai is one of the four mints in India and is in the city of Mumbai. The mint was established in 1824 by the then governor of the Bombay Presidency. [1] Its main activity is the production of commemorative and development-oriented coins. The mint is opposite the Reserve Bank of India in the Fort area of South Mumbai.
New coins have been produced annually since then and they make up a valuable aspect of the Indian currency system. Today, circulating coins exist in denominations of 1, 2, 5, 10, and 20 rupees. All of these are produced by four mints located across India, [2] in Kolkata, Mumbai, Hyderabad, Noida.
Tin production (tonnes) by country ; Country (or area) Production World 310,000 China * 85,000 Indonesia * 80,000 Myanmar * 54,000 Peru * 18,500 Bolivia 17,000
There are two Security printing presses of SPMCIL, namely the India Security Press (ISP) at Nashik and the Security Printing Press (SPP) at Hyderabad. These presses print the 100% requirement of passports and other travel documents, non-judicial stamp papers, cheques, bonds, warrants, postal stamps, postal stationery, and other security products.
Gold coins for sale at the Dubai Gold Souk. A gold coin is a coin that is made mostly or entirely of gold.Most gold coins minted since 1800 are 90–92% gold (22‑karat), while most of today's gold bullion coins are pure gold, such as the Britannia, Canadian Maple Leaf, and American Buffalo.
Numerous bullion coins have been issued. Tin: Portuguese Malacca 1521–1557 bastardo; Malaysia tin hat money; Great Britain farthing and halfpenny 1684–1692; Thailand satangs from the 1940s. Zinc: Twelfth century Indian coins were made of zinc. Vietnamese cash coins of the 1800s were made of zinc, as was the Vietnamese Tonkin 1/600 piastre ...
The coinage production capacity then was varying between 300,000 and 600,000 pieces per day. In 1860, an annexe known as the "Copper Mint" was built to the north of the Silver Mint for the exclusive production of copper coins. [citation needed] Copper pie sikka coins from the 1820s, minted at the third Mint.