The Subhas Chandra Bose 2 rupee coin, issued in 1996, is a quite sought-after collectible amongst numismatists and history lovers. This coin was minted to commemorate the start of the centenary of the long-lasting Indian freedom fighter, Subhas Chandra Bose. In this newsletter, we’ll delve into the history, design, rarity, and price of this wonderful coin.
Historical Background
Subhas Chandra Bose, affectionately known as Netaji, was a distinguished chief inside the Indian independence movement. His innovative ideas and unwavering commitment to India’s freedom have left an indelible mark on the nation’s history. To honor his legacy, the Reserve Bank of India (RBI) issued the Subhas Chandra Bose 2 rupee coin in 1996, marking the centenary of his beginning.
Design and Features
The Subhas Chandra Bose 2 rupee coin is a hexagonal (eleven-sided) coin product of copper nickel. It weighs 6 grams and has a diameter of 25.9 mm. The obverse facet of the coin functions as the Ashoka lion pedestal, the denomination “2 rupees,” and the year “1996.” The reverse facet showcases a bust of Subhas Chandra Bose facing 3/4 left, with the inscription “SUBHAS CHANDRA BOSE” in Hindi and English and “1997 CENTENARY” below.
Rarity and Mintage
One of the important elements contributing to the coin’s value is its rarity. The mintage of the Subhas Chandra Bose 2 rupee coin is constrained, with an estimated production of around 20,000,000 pieces. However, now not all of these coins have survived in their true situation, making nicely preserved examples especially prized by creditors.
Factors Affecting Value
Several factors impact the cost of the Subhas Chandra Bose 2 rupee coin:
Condition: The situation of the coin performs a great position in figuring out its price. Coins in mint or near mint situations are well worth more than the ones that have been circulated.
Rarity: The restricted mintage and the fact that many coins have no longer survived in precise circumstances make contributions to its rarity and, consequently, its fee.
Historical Significance: The coin commemorates the birth centenary of a distinguished historical figure, adding to its attraction among creditors and history fans.
Demand: The excessive demand for this coin amongst creditors drives up its market fee.
Market Value
The marketplace fee of the Subhas Chandra Bose 2 rupee coin can range depending on its condition and rarity. Generally, those coins are valued between $1 and $5 USD for circulated examples, at the same time as properly preserved coins can fetch higher costs, from time to time accomplishing up to $10 USD or greater.
Identifying a Genuine Coin
Identifying an actual Subhas Chandra Bose 2 rupee coin involves examining several key capabilities:
Design: Ensure that the layout elements, along with the Ashoka lion pedestal and the bust of Subhas Chandra Bose, are correctly depicted.
Inscriptions: Verify that the inscriptions “2 rupees” and “SUBHAS CHANDRA BOSE” are effectively spelled and placed.
Condition: Look for signs of damage, scratches, or harm that can imply movement.
Mint Marks: Check for mint marks, which could assist in picking out the specific mint wherein the coin was produced.
Conclusion
The Subhas Chandra Bose 2 rupee coin from 1996 is a valuable and charming collectible that honors the legacy of considered one of India’s greatest freedom-warring parties. Its rarity, ancient significance, and particular layout make it a prized possession for creditors and record lovers alike. Whether you’re a pro-numismatist or a curious collector, this coin gives a glimpse into India’s wealthy records and the enduring legacy of Subhas Chandra Bose.
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FAQs:
What makes the 1996 Subhas Chandra Bose 2 rupee coin precious?
What makes the 1996 Subhas Chandra Bose 2 rupee coin precious? The coin is taken into consideration valuable due to its ancient significance because it commemorates Subhas Chandra Bose, a distinguished freedom fighter.
How can I pick out a real 1996 Subhas Chandra Bose 2 rupee coin?
An authentic coin features a photograph of Subhas Chandra Bose with the year 1996 inscribed at the side of specific design factors, which include the Ashoka Pillar logo and specific lettering.
What is the estimated value of the 1996 Subhas Chandra Bose 2 rupee coin?
The fee of this coin varies depending on its situation and call for.
Where can I sell or purchase the 1996 Subhas Chandra Bose 2 rupee coin?
You can sell or buy the coin through numismatic sellers, online auction systems, or committed coin series forums and marketplaces.
Why is the 1996 Subhas Chandra Bose 2 rupee coin considered a collector’s item?
Why is the 1996 Subhas Chandra Bose 2 rupee coin considered a collector’s item? The coin is cherished by collectors because of its connection to India’s records, its limited availability, and its enchantment as a chunk of patriotic memorabilia honoring Subhas Chandra Bose.