new coins launched by rbi 2019
Point is that the Reserve Bank of India did issue a Rs 1,000 coin, however, it was of commemorative in nature and had no legal value. In 2015, the Central Bank had issued Rs 1000 coin to commemorate 1,000 years of the Brihadeeswara temple in Thanjavur. That can be a collector’s item, but can’t be used in market to purchase anything.
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 front face of the coin will have ‘Ashoka Pillar’ engraved on it.
A Rs 200 coin was released in 2016 by then culture minister Mahesh Sharma on the Martyrdom Day of 1857 mutiny hero Tatiya Tope.
The denomination of currencies circulated varies from Rs 2, Rs 3 and Rs 500 notes, and Rs 100, Rs 125, Rs 1000 coins.
Check out Chillar Gyan’s Videos on British India Coins:
1 Paisa, Coins with Holes: https://youtu.be/e_BvpxH3R08
4 Annas, George V King Rare Coin: https://youtu.be/FArf8bUwQ28
1 Rs Coin 1940-45, King George VI Coins: https://youtu.be/Si5b0TXFKXY
1 Rs Coin 1911, George V King Rare Coin,’Pig Coin’: https://youtu.be/VEhhiIr3cXg
Understand British India Monetary System ‘Anna Series’: https://youtu.be/6J4tGg_v0lY
Check out Chillar Gyan’s Coin Fair Videos:
Coinex Pune -2019: https://youtu.be/pWoq1PjxwHw
Exclusive Meeting with Todywalla: https://youtu.be/rlETXlsvIJU
Mumbai Coin Society, 17th Annual Coin Fair: https://youtu.be/FKhOvf3ZX-k
A Facebook post, with photos of Rs. 5000, Rs. 350, Rs. 5, Rs. 2 currency notes, is being shared with the claim that the Reserve Bank of India (RBI) has launched new notes. Let’s try to analyze the claim made in the post.
To conclude, RBI hasn’t released currency notes of Rs. 5000 and Rs. 350. It has also not released any new notes of value Rs. 5, Rs. 2 in recent times.