Indian 10-rupee coin

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Ten rupees
India
Value 10
Mass 7 g
Diameter 27 mm
Thickness 1.77 mm
Edge smooth
Composition Outer ringAluminium Bronze
(Copper: 92%, Aluminium: 6%, Nickel: 2%)

CenterCupronickel
(copper: 75%, nickel: 25%)
Years of minting 2005 (2005) – present
Circulation Limited
Obverse
Indian ten rupee coin (2011 Obverse).jpg
Design Outer ring has the lettering "भारत" on left, "INDIA" on right, and the year of mint and mint mark below. At the center is the Lion capital with the lettering "सत्यमेव जयते" below it.
Design date 2011
Reverse
Indian ten rupee coin (2011 Reverse).jpg
Design 10 notches with the sign below it, and the number 10 below the sign.
Design date 2011

The Indian 10-rupee coin (10) is a denomination of the Indian rupee. The ₹10 coin is the highest-denomination coin minted in India since its introduction in 2005. The present ₹10 coin in circulation is from the 2011 design. However, the previous ₹10 coins minted before 2011 are also legal tender in India. All ₹10 coins containing with and without the rupee currency sign are legal tender, as stated by the Reserve Bank of India. Along with the standard designs, there are 14 different designs for this denomination and are minted as circulating commemorative coins, this is used alongside 10 rupee banknote.

Design[edit]

2005 design (Unity in Diversity)[edit]

The first ₹10 coin minted in 2005 had a diameter of 27 mm and featured the lettering "भारत" and "INDIA" on the top, with Lion capital with 'Satyameva Jayate' in Hindi below at left, and the date of mint below it on the obverse. On the reverse of the coin it featured the "Four heads sharing a common body" – cross with a dot in each quadrant in the center, with the lettering "दस रुपये" and "TEN RUPEES" on the outer ring.[1][2]

2008 design (Connectivity & Technology)[edit]

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]

This coin is rumored to be a fake one due to chaos on social media. However, the Reserve Bank of India (RBI) issued an official statement to address these rumors declaring that the old the design prior to 2011 is valid and is legal tender.[5]

2011 design[edit]

The third design of the ₹10 coin, minted since 2011 features the lettering "भारत" on left and "INDIA" on right on the outer ring, and the year of mint and mint mark below. At the center part of the coin's obverse is the Lion capital with the lettering "सत्यमेव जयते" below it. On the reverse it features 10 notches with the sign below it, and the number 10 below the sign.[6][7]

Mintmark[edit]

The mintmark is featured at the bottom on the obverse of the ₹10 coin.[6]

Fake coin rumour[edit]

Indian 10 coin (2008 Reverse), original design, with 15 radiating lines and without the Indian rupee currency symbol ().

In July 2016, some shopkeepers in India were reported to be refusing to accept the 10 coin entirely, the result of a rumour circulating on social media.[8][9] It was initially claimed that coins with a 15 notch reverse design lacking the '₹' symbol were fake, compared to the 10 notch version using the symbol introduced in 2011.

It was later clarified by the Reserve Bank of India (RBI) that the "alleged fake" coin was the earlier 2008 design, which predated the adoption of the '₹' symbol in 2010, and was still in legal circulation, along with the 2011 design and those refusing to accept it could face legal action.[10][11][9]

In February 2018, the Reserve Bank of India began an awareness campaign of sending SMS text messages about the 10 coins with 10 and 15 radiating lines. Both are valid.[12]

See also[edit]

References[edit]

  1. ^ "10 Rupees (Unity in Diversity) - India". en.numista.com. Numista. 
  2. ^ Ajit, Prasad (Mar 26, 2009). "New Coins of Rs.10/- (Bi-metallic) with the theme – "Unity in Diversity"". rbi.org.in. Reserve Bank of India. 
  3. ^ "10 Rupees (Connectivity & Technology) - India". en.numista.com. Numista. 
  4. ^ Ajit, Prasad (Mar 26, 2009). "New Coins of Rs.10/- (Bi-metallic) with the theme – "Connectivity and Information Technology"". rbi.org.in. Reserve Bank of India. 
  5. ^ Killawala, Alpana (Nov 20, 2016). "Public can continue to accept ₹ 10 coins as legal tender: RBI". Reserve Bank of India. One such change is introduction of 'Rupee symbol' in coins in July 2011. An instance of this is the ₹ 10 coins with rupee symbol and the same denomination coin without rupee symbol. Both of them are legal tender and equally good for transactions, though they may look a little different. 
  6. ^ a b "10 Rupees - India". en.numista.com. Numista. 
  7. ^ Desai, J.D. (Jul 22, 2011). "Issue of new series of Coins". rbi.org.in. Reserve Bank of India. 
  8. ^ "In Faridabad, massive confusion about Rs 10 coin – Times of India". timesofindia.indiatimes.com. Retrieved 16 November 2016. 
  9. ^ a b "RBI says Rs 10 coin is valid, those refusing to accept may face legal action". hindustantimes. 20 September 2016. Retrieved 17 February 2017. 
  10. ^ RBI dispels rumours of fake Rs 10 coins in circulation. Abplive.in (2016-11-20). Retrieved on 2017-10-22.
  11. ^ "Both older and newer Rs 10 coins are valid: RBI – Times of India". The Times of India. Retrieved 17 February 2017. 
  12. ^ "All Rs 10 coins with 10, 15 radiating lines are valid, accept them without fear: RBI". www.businesstoday.in. Retrieved 22 February 2018.