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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.
List of coins minted in foreign mint [15] Mint Country Year Coin Mint Mark Birmingham Mint: United Kingdom 1985 ₹1.00 'H' below last digit of the year Royal Mint: United Kingdom 1985 ₹1.00 ' ' below first digit of the year Taegu Mint: South Korea 1985 ₹0.50 '★' below first digit of the year Royal Canadian Mint: Canada 1985 ₹0.25
Its largest site is the Philadelphia Mint which covers 650,000 square feet [3] (6 hectares) and can produce 32 million coins per day. [4] Royal Canadian Mint, Canada Casa de Moneda de Colombia Monnaie de Paris, France Staatliche Münze Berlin, Germany Calcutta Mint, India Japan Mint Royal Dutch Mint Mennica Polska S.A., Poland Saint Petersburg ...
The Security Printing & Minting Corporation of India Ltd. (SPMCIL) is an organization under the Coin and Currency Division of Department of Economic Affairs, Ministry of Finance. It is responsible for conducting printing and minting activities for the Government of India. It is under the ownership of the Ministry of Finance, Government of India.
With an estimated annual production capacity of 2,000 million coins, the new mint was established to cater to the increasing demand for coins in India. In January 1986 the project was started by the Department of Economic Affairs under the Ministry of Finance with a budget of ₹ 30 crore (equivalent to ₹ 408 crore or US$48 million in 2023).
The India Government Mint, Kolkata was first established in 1757, [2] and was located in a building next to the Black Hole in the old fort – where the GPO (General Post Office) stands today. [3] It was called the Calcutta Mint and used to produce coins with the mint name Murshidabad .
India Government Mint, Hyderabad was established in 1803 AD by Mir Akbar Ali Khan Sikander Jah, Asaf Jah III as a private mint and along with other private mints in the country. The mint produced Indian coins in the name of Emperor of India. Initially the mint was situated at Sultan Sahi in Moghalpura suburb of the Hyderabad city.
In 1955, India amended the "Indian Coinage Act" to adopt the metric system for coinage. Paisa coins were introduced in 1957, but from 1957 to 1964 the coin was called "Naya Paisa" (English: New Paisa). On 1 June 1964, the term "Naya" was dropped and the denomination was simply called "One paisa".