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Mumbai Mint has a state-of-the-art gold refining facility up to 999.9. Hyderabad Mint has electrolytic silver refining facility up to 999.9. Commemorative coins are made at Mumbai and Kolkata. Kolkata and Hyderabad have facilities for making medallions, too. The Noida mint was the first in the country to mint coins of stainless steel.
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.
In May 1938 the Bank issued Burma notes which were not legal tender in India. Indo-French issues: The French Indian rupee (FIR) was introduced by France's Bank of Indochina in French colonies of India. Indo-Portuguese issues : The Portuguese Indian Rupia was the currency of Portuguese India until 1959. It was divisible into 16 Tangas or 960 Reis.
French 1 rupee, 1938. The roupie or rupee was the currency of French India. It was equal to the Indian rupee issued by the Indian government. One rupee was worth 2.40 francs-or. Until 1871 it was issued as coins with the roupie divided into 8 fanons, each of 3 doudous or 20 cash.
United States Mint, Philadelphia. A mint is an industrial facility which manufactures coins that can be used as currency. The history of mints correlates closely with the history of coins. In the beginning, hammered coinage or cast coinage were the chief means of coin minting, with resulting production runs numbering as little as the hundreds ...
Mint marks continued on copper coinage until the second half of the seventh century, however. [4] Mint mark and privy marks on French Cochinchina 20 Cents 1879, Paris Mint. Mint names began to appear on French coins under Pepin and became mandatory under Charlemagne. [5] In 1389, Charles IV adopted a system called Secret Points.
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National currencies are generally minted by a country's central bank or on its behalf by an independent mint. For example, the coins of the New Zealand Dollar are minted jointly by the Royal Mint in the United Kingdom and the Royal Canadian Mint for the Reserve Bank of New Zealand. [1]