Showing posts with label World Bimetallic Coins. Show all posts
Showing posts with label World Bimetallic Coins. Show all posts

India 10 Rupees First Bimetallic Coin of India

Indian rupees 10 bimetallic coins is the country first ever bimetallic coin ever released. This post of mine may be a year late but better late than never. The said coin looks and feels light in weight with a numeral 10 and lion symbol on the obverse side. On the coin obverse side are double line cross and four dots in each corner of the cross. Written around the reverse side of the Indian rupee 10 bimetallic coin are words of the denomination value in both Hindi and English language.

reverse
obverse


     










 The design for this bimetallic coin is courtesy of the experts at National Institute of Design of Ahmedabad. The outer ring metal is made of Nickel-Bonze while the inner ring metal is made of Ferrous. Bimetallic Indian rupees 10 coins weighs 8 grams with diameter of 28 mm.

For this Rupees 10 coins, Reserve Bank of India said that there is two themes: Unity in Diversity and Connectivity and Information Technology.

I think the theme for this coin is really good especially the technology part. India is definitely moving forward. I know few people from India that is really good in their craft of making websites and programming.

I think this will be a great addition to my bimetallic coin collection ( I'm also interested to collect and learn India sultanate coins ) since it is India’s first though I don’t own yet either circulated or uncirculated India first bimetallic coin but hopefully someone will give me one (calling all my friends from India) or I just have to buy bimetallic coin online.

See also:

      Australia Collectible Bimetallic Coins
      Philippine 10 Pesos Bimetallic Coin
      Mexico Coin Bimetallic
      Mexico 20 Pesos Coin

Philippine Bimetallic Coin

Bimetallic coins have been popular monetary around the world with its designs. One of the many countries that have bimetallic coins is the Philippine. The Philippine bimetallic coin first ever and only one is the ten peso coin introduced in year 2000 and had been fully circulated in 2005. The bimetallic ten peso coin was in replacement of the former monetary unit of 5 pesos paper bill (Apolinario Mabini) and 2 peso coin (Andres Bonifacio). The two Philippine freedom fighters appeared in the demonetized bank note is seen in the bimetallic ten peso coin.

Philippine 10 pesos bimetallic coin obverse


Philippine 10 pesos bimetallic coin reverse


Philippine 10 pesos Bimetallic Composition

10 Piso Ring: 75% Copper; 25% Nickel
Core: 92% Copper; 6% Aluminum; 2% Nickel

Mexican Bimetallic Peso Coins

Mexican peso coins is one of those that have great designs of bimetallic coins perfect for collectors. Mexican bimetallic coins include commemorative coins, state coins and regular coins in circulation. Regular Mexican bimetal peso coins in circulation today are one peso, two pesos, cinco pesos ten pesos, twenty pesos and one hundred pesos. Mexican bimetallic peso coins of  with face value of one pesos, two pesos and cinco pesos center ring is made of bronze-aluminum alloy while ten pesos and one hundred pesos denominations center ring is made of sterling silver. One, two and five pesos denominations have smooth edge; while ten, twenty and fifty pesos have milled edge.

Mexico bimetallic  peso coins called Nuevo peso are released as the new denominations in 1993. Nuevo peso denominations in one, two and five have aluminum bronze center and stainless steel peripheral ring. On the other hand Nuevo peso ten, twenty and fifty denominations have silver center and peripheral ring made of aluminum bronze. The word Nuevo peso in Mexico Bimetallic Coins was removed in 1996.

Mexico Bimetallic State Coins are great addition to any numismatic collections. With great designs that strongly depicts the culture and history of Mexico. In the year 2003, Mexico released series of $100 bimetallic state coins. Mexico Bimetallic State Coins obverse portraits the traditional symbol called Coat of arms of Mexico. Each bimetallic state coin reverse shows the individual states symbol Coat of arms of Mexico. Mexico Bimetallic State Coins bullion version inner ring is made of gold. Collecting Mexico Bimetallic Coins or any bimetallic coins are great investment than to those that are made with only one metal. Platinum and gold used in bimetallic coins are more expensive. Precious metals value is increasing each year and never been worthless.