ten rupees coin duplicate

ten rupees coin duplicate

The fourth design of the ₹10 coin, minted since 2019, featured the Lion capital, the lettering “सत्यमेव जयते” in the center plug and the lettering “भारत” on left and “INDIA” on right on the outer ring. On the reverse side of the coin is the number 10 below the ₹ currency sign, the year of issue and eight stylized grain stalks. [8]
The second design featured two horizontal lines. The coin featured the lettering “भारत” and “INDIA” on the top, with Lion Capital in the middle and year of printing at bottom on the obverse. The reverse of the coin featured 15 notches and numeral 10 in the middle and at below line the word Rupees in English and रुपये in Hindi was written. [3] [4]

Ten rupees coin duplicate
A local from Goa said, “There was an immense shortage of the coins a few months back. We were facing a lot of trouble because of the unavailability of coins for transactions. But for these four months, rupee ten coin is easily available and all types of these coins are accepted here.”
A local shop owner in Sitapur said, “I had started to take the coins from the public but soon after that all I received were the ten rupee coins only while no one wanted to receive the coin from my end. Some said it was fake or some said no one else accepts it.”

Ten rupees coin duplicate
3. In the past also, the RBI had issued a statement on November 20, 2016 exhorting the members of the public to continue to accept coins of Rs. 10 denomination as legal tender in all their transactions without any hesitation.
8. The Reserve Bank of India (RBI) has also advised people not to give credence to such ill-informed notions and ignore them and continue to accept these coins as legal tender in all their transactions without any hesitation, the statement on November 20, said.

Ten rupees coin duplicate
Let me ask you a question? Do you think a person who mints fake 10 rupee coins, will forget to make it look like the original.
Rumors on fake 10 Rupee coins, started a few months ago. It is popularly believed that shopkeepers and some traders may have spread malicious rumors, that many 10 rupee coins were fake. A message was also circulated on WhatsApp, on how to find the difference between a fake and real 10 rupee coin. This was believed to be the handiwork of a neighboring country.

Ten rupees coin duplicate
Recently, fake news about Rs. 10 coins made waves on social media and WhatsApp that claimed an enormous number of fake coins had been dispensed in the market by Pakistani agency ISI. As anyone would expect it, this rumor fired a fury in the market, and the shopkeepers and vendors started to refuse the ₹ ten coins in the transaction. The condition went so worse that RBI had to come forward to issue a statement regarding this.
In June 2016, as the RBI issued a new version Rs. 10 coins, rumors floated on social media that claimed the newer coins published by the government would be phased out by RBI. Another rumor claimed that fake coins in two designs have crashed into the market. The Reserve Bank of India (RBI) has on a number of occasions has dismissed the rumors of counterfeit currency of Rs. 10 coins in circulation. In September, it RBI issued a statement that stated, “The Rs. 10 coins are very much in circulation and those refusing to accept it could face legal action”. Now RBI has also asked people not to give attention to hearsay and continue to take these coins in all their transactions. “Nothing of that kind has happened. We have not even thought of it; People should not hesitate in using the coins for transactions as these coins are legal tender.” RBI spokesperson Alpana Kilawala said.