Reserve Bank of India is ready to issue a new bimetallic 10 Rupees coin for circulation. The coins are being minted at mainly Noida and Mumbai mint. The coins worth Rs.70 million was already stored in its stock till August 2008.
The obverse side has the lion capitol with numeral 10 and year. And on reverse a double line cross with a dot in each pellet of cross and denomination written in Hindi and English around. It is said to be the theme of Unity in Diversity. This design has been prepaed by National Institute of Design, Ahmedabad. The outer side metal is Nickel-Bronze and the inner side metal most probably is Ferrous Steel. The weight of the coin would be 8 grams and the diameter would be 28 mm.
But the design shown in the above coin has been controvertial. So, the 1 rupee and 2 rupee coins in the above design are not being minted any more. It would be interesting to see the reaction of the Indian public when they get these coins on their hands.
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