While small denomination coins are going out of fashion, the government is on a spree to introduce new denominations. Post the revival of Rs 10 coin, the RBI is set to roll out a coin of Rs 350 denomination to mark the 350th Birth Anniversary of Shri Guru Gobind Singh Ji.
The circumference of the coin will be 44 millimetres, and a coin will be made up of Quaternary Alloy- Silver (50 per cent), Copper (40 per cent), Nickel (05 per cent), and Zinc (05 per cent).
The front face of the coin will have ‘Ashoka Pillar’ engraved on it.
“This face of the coin shall bear the Lion Capitol of Ashoka Pillar in the centre with the legend “Satyamev Jayate” inscribed below, flanked on the left periphery with the word “Bharat” in the Devanagari script and on the right periphery with the word “INDIA” in English and it shall also bear the Rupee symbol and denominational value “350” in International Numerals below the Lion Capitol,” said RBI in its notification.
The reverse face of the coin will have a picture of ‘Takht Shri Harimandir Ji Patna Sahib’.
“This face of the coin shall bear the picture of “Takht Shri Harimandir Ji Patna Sahib” in the centre in Devanagari in the picture. The inscription “350TH PRAKASH UTSAV OF SRI GURU GOBIND SINGH JI” shall be written in Devanagari script on the upper periphery and in English language on the lower periphery of the coin. The year “1666” and “2016” in international numerals shall be flanked on the left and right periphery of the coin,” added the notification.
It also said that the weight of the coin could vary from 34.65 grams to 35.35 grams.
The RBI has not stated the exact number of coins to be minted. This may be a limited edition coin.
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