Friday, September 13, 2013

60 Years of India Government Mint, Kolkata (1952-2012) Commemorative Coin

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The India Government Mint issued this coin set and opened bookings for the same for a period of two months in April, 2013.

The India Government Mint, Kolkata at Alipore was inaugurated by Shri C. D. Deshmukh, Minister of Finance, Government of India on March 19, 1952.

With the coinage operations shifting to the new mint at Alipore, the old mint on Strand Road was converted into a silver refinery for extraction of silver and other metals. The mint at Strand Road was finally shut in 1985.

The Alipore mint is the first mint in Asia to to successfully process pure nickel for coinage purposes.

The present daily average output of coins at the Alipore mint is approximately five to six million pieces. In addition to domestic coinage, the mint has undertaken coinage orders from several foreign countries. Besides coinage production, the Alipore mint has been producing different commemorative and development oriented coins for the last several decades. It has also worked as a centre for the issue of gold bars in exchange of unrefined gold tendered by licensed dealers.

The Alipore mint also produces medals of various types. The well equipped Medal Department has so far produced medals using gold, silver, copper and nickel. The mint produces medals for defence institutions, educational institutions and social service institutions. Production of badges, tokens and medallions for national and international film festivals is also undertaken by the mint. The mint also undertakes production of medals for civilian and military awards instituted by the Government of India such as the Bharat Ratna, Padma Shri, Padma Bhushan, Padma Vibhushan, Paramvir Chakra, Mahavir Chakra, Vir Chakra and the Shaurya Chakra to name a few.