10 Rupee Coin Value In India

3 min read Jun 20, 2024
10 Rupee Coin Value In India

10 Rupee Coin Value in India

The Indian 10-rupee coin is a denomination of the Indian rupee, introduced by the Reserve Bank of India (RBI) in 2005. The coin is made of stainless steel and has a diameter of 27 mm. The coin is circular in shape and weighs 5.6 grams.

Design and Features

The coin features the Lion Capital of Ashoka, the national emblem of India, on one side. The other side features the numeral "10" in the Devanagari script, along with the word "RUPEE" in Hindi and "Rupees" in English. The coin also has a security feature, a latent image of the numeral "10" that can be seen when the coin is tilted.

Value and Usage

The 10-rupee coin is widely accepted and used in India for various transactions. The coin is commonly used for small transactions, such as buying snacks,tea, or other small items from street vendors or small shops. The coin is also used in vending machines and parking meters.

Collectibility and Rarity

The 10-rupee coin is not as highly sought after by collectors as some other denominations, such as the 1-rupee or 2-rupee coins. However, some errors and variations in the coin's design and minting can make certain coins more valuable to collectors. For example, coins with a misprint or misaligned die can be more valuable.

Counterfeiting and Security

The 10-rupee coin has several security features to prevent counterfeiting. The coin's metal composition, design, and latent image of the numeral "10" make it difficult to counterfeit. The RBI also regularly updates the coin's design and security features to stay ahead of counterfeiters.

Conclusion

In conclusion, the 10-rupee coin is a widely used and accepted denomination in India. Its durability and security features make it a convenient and reliable form of currency for small transactions. While not as highly sought after by collectors, the coin still has a special place in Indian currency and is an important part of the country's monetary system.

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