Discover the detailed history and significance of the 5 Rupees Birth Centenary of Lal Bahadur Shastri commemorative coin. Learn about its design, minting, value, and how it honors one of India’s most respected leaders. A must-read for coin collectors and history enthusiasts!

Introduction

• Overview of Commemorative Coins in India
  • Purpose and Importance of Commemorative Coins
  • Historical Significance of Indian Commemorative Coins

About Lal Bahadur Shastri

• Early Life and Political Journey
• Contributions to India
• Role in the Green Revolution
• His Leadership during the Indo-Pak War of 1965

Overview of the 5 Rupees Coin: Birth Centenary of Lal Bahadur Shastri

• Basic Details of the Coin
• Release and Circulation Information

Physical Characteristics of the Coin

• Composition and Material
• Weight, Diameter, and Thickness
• Shape and General Appearance

Obverse of the Coin

• Design Features
• The Ashoka Lion Pedestal
• Denomination and Lettering

Reverse of the Coin

• Design Features
• Portrait of Lal Bahadur Shastri
• Inscriptions and Dates

Minting Information

• Calcutta Mint and Its Significance
• Frequency and Availability of the Coin

Value and Market Prices

• Grading System for Coins
• Value Based on Condition (VG, F, VF, XF, AU, UNC)

Rarity and Collectibility

• Factors that Influence Collectibility
• Market Demand for the Coin

Significance of the Birth Centenary of Lal Bahadur Shastri Coin

• Honoring a National Leader
• Cultural and Historical Importance of the Coin

Conclusion

FAQs

5 Rupees Birth Centenary of Lal Bahadur Shastri (Copper-Nickel Commemorative Coin)

Introduction to 5 Rupees Birth Centenary of Lal Bahadur Shastri

Commemorative coins are more than just currency; they are pieces of history encapsulated in metal. These special coins are issued to celebrate significant events, notable figures, or important anniversaries. In India, commemorative coins have become an integral part of the country’s numismatic tradition, offering a way to honor its heroes, cultural milestones, and national achievements. One such coin is the 5 Rupees Birth Centenary of Lal Bahadur Shastri, which was released in 2004 to commemorate the 100th birth anniversary of India’s second Prime Minister. This coin, made of copper-nickel, holds great value both in terms of its historical significance and its collectibility among coin enthusiasts.

Overview of Commemorative 5 Rupees Birth Centenary of Lal Bahadur Shastri Coins in India

Purpose and Importance of Commemorative Coins

Commemorative coins are issued by governments and central banks to mark special occasions or milestones. These 5 Rupees Birth Centenary of Lal Bahadur Shastri coins serve as both legal tender and historical artifacts, reflecting the events or personalities they are created to celebrate. In India, commemorative coins often honor freedom fighters, social reformers, scientists, and leaders who played pivotal roles in the nation’s progress.

The importance of these 5 Rupees Birth Centenary of Lal Bahadur Shastri coins goes beyond their monetary value. They are cherished by collectors and history enthusiasts alike as they offer a tangible link to the past. Commemorative coins help preserve the memory of significant events and personalities, keeping their legacies alive for future generations. For example, the 5 Rupees Lal Bahadur Shastri coin is not just a piece of currency; it is a tribute to a leader who guided India through challenging times, leaving behind a legacy of simplicity, honesty, and courage.

Historical Significance of Indian Commemorative Coins

India’s journey of issuing commemorative coins began in 1964, when the first coin was minted to honor Jawaharlal Nehru, the country’s first Prime Minister. Since then, numerous coins have been released to commemorate a wide range of historical events and figures. These coins capture moments of national pride, such as the birth centenary of Mahatma Gandhi, the silver jubilee of Indian independence, and landmark achievements in science, culture, and politics.

Each commemorative coin reflects the values and ethos of the time it represents. The 5 Rupees Birth Centenary of Lal Bahadur Shastri Centenary coin, for instance, highlights the life and contributions of a leader who believed in self-reliance and national unity. His slogan, “Jai Jawan, Jai Kisan,” symbolized his dedication to strengthening both the military and agricultural sectors of India, a message that remains relevant today.

About Lal Bahadur Shastri

Early Life and Political Journey

Born on October 2, 1904, Lal Bahadur Shastri hailed from a humble background. Despite financial hardships, he rose to prominence due to his dedication and integrity. Shastri played a key role in India’s freedom struggle, closely working with Mahatma Gandhi and other leaders of the Indian National Congress.

Contributions to India

Lal Bahadur Shastri became the Prime Minister of India in 1964 after the death of Jawaharlal Nehru. His tenure, though short, was marked by decisive leadership, particularly during the Indo-Pak War of 1965 and his promotion of the Green Revolution, which helped boost India’s agricultural production.

Role in the Green Revolution

Shastri is perhaps best remembered for coining the slogan “Jai Jawan Jai Kisan” (Hail the soldier, Hail the farmer), reflecting his vision of a self-reliant India, supported by both its military and agriculture. His efforts were pivotal in making India more self-sufficient in food production.

His Leadership during the Indo-Pak War of 1965

During the 1965 war, Shastri’s leadership was instrumental in defending the nation and maintaining peace. His diplomatic acumen earned him international respect, especially during peace talks in Tashkent.

Overview of the 5 Rupees Birth Centenary of Lal Bahadur Shastri Coin: Birth Centenary of Lal Bahadur Shastri

Basic Details of the 5 Rupees Birth Centenary of Lal Bahadur Shastri Coin

The 5 Rupees Lal Bahadur Shastri Birth Centenary coin was issued by RBI in 2004 to commemorate the 100th birth anniversary of this beloved leader. Made of copper-nickel, the coin weighs 9 grams and has a diameter of 23 mm, making it slightly larger than regular coins in circulation.

Release and Circulation Information

The 5 Rupees Birth Centenary of Lal Bahadur Shastri coin was circulated as part of India’s commemorative coin program and was minted primarily by the Calcutta Mint. With a high circulation frequency of 95%, this coin remains a significant find for collectors, especially those interested in modern Indian history.

Physical Characteristics of the 5 Rupees Birth Centenary of Lal Bahadur Shastri Coin

Composition and Material

This 5 Rupees Birth Centenary of Lal Bahadur Shastri commemorative coin is made from copper-nickel, a durable alloy that ensures the coin’s longevity. Copper-nickel is commonly used in currency because of its resistance to corrosion and wear.

Weight, Diameter, and Thickness

The 5 Rupees Birth Centenary of Lal Bahadur Shastri coin weighs 9 grams, with a diameter of 23 mm and a thickness of 2.9 mm. These specifications give the coin a solid, well-proportioned feel, reflecting its importance as a commemorative piece.

Shape and General Appearance

The 5 Rupees Birth Centenary of Lal Bahadur Shastri coin is round in shape, a standard format for most circulating coins in India. Its well-defined features and inscriptions make it visually appealing, especially to coin collectors.

Obverse of the 5 Rupees Birth Centenary of Lal Bahadur Shastri Coin

Design Features

The obverse side of the 5 Rupees Birth Centenary of Lal Bahadur Shastri coin features the iconic Ashoka Lion pedestal, which is India’s national emblem. Below the lion, the denomination “₹ 5” is prominently displayed.

The Ashoka Lion Pedestal

The Ashoka Lion symbolizes power, courage, and confidence. It has been the national emblem of India since 1950, and its presence on the coin underscores the nation’s pride in Lal Bahadur Shastri’s contributions.

Denomination and Lettering

The obverse bears the denomination of 5 Rupees along with inscriptions in Hindi and English. It reads “भारत INDIA” and “सत्यमेव जयते” (Truth Alone Triumphs), emphasizing the coin’s national significance.

Reverse of the 5 Rupees Birth Centenary of Lal Bahadur Shastri Coin

Design Features

The reverse side of the 5 Rupees Birth Centenary of Lal Bahadur Shastri coin showcases a three-quarters bust of Lal Bahadur Shastri, facing slightly to the left.

Portrait of Lal Bahadur Shastri

Shastri’s portrait on the reverse is a dignified representation of the leader, capturing his calm demeanor and determined personality.

Inscriptions and Dates

Around the portrait are the inscriptions “Lal Bahadur Shastri Birth Centenary” in both Hindi and English, along with the years 1904 – 2004 marking the centenary.

Minting Information of 5 Rupees Birth Centenary of Lal Bahadur Shastri Coin

Calcutta Mint and Its Significance

The Calcutta Mint was responsible for the majority of the minting of this commemorative coin. It holds historical importance as one of the oldest and most prominent mints in India, producing coins that are distributed nationwide.

Frequency and Availability of the Coin

With a frequency of 95%, the coin was widely circulated, making it relatively common compared to other commemorative coins. A small percentage of proof versions were also released, which are rare and highly sought after by serious collectors.

Value and Market Prices

Grading System for Coins

Coins are graded based on their condition, using grades such as VG (Very Good), F (Fine), VF (Very Fine), XF (Extra Fine), AU (Almost Uncirculated), and UNC (Uncirculated). Each grade reflects the amount of wear and tear the coin has undergone.

Value Based on Condition

The 5 Rupees Lal Bahadur Shastri coin can range in value depending on its condition. For example:

• VG condition: ₹32
• F condition: ₹48
• VF condition: ₹120
• XF condition: ₹140
• AU condition: ₹170

Rarity and Collectibility

Factors that Influence Collectibility

The rarity of a coin is often determined by factors such as the number of coins minted, the condition, and historical significance. The proof version of this coin, with only 5% frequency, is much rarer than the regular version.

Market Demand for the Coin

Demand for the 5 Rupees Lal Bahadur Shastri coin is fairly high among Indian coin collectors, especially those interested in commemorative coins that celebrate national leaders.

Significance of the Birth Centenary of Lal Bahadur Shastri Coin

Honoring a National Leader

The Lal Bahadur Shastri Birth Centenary Coin is a tribute to one of India’s most respected leaders. It serves as a reminder of his contributions to India, both during its formative years and during his time as Prime Minister.

Cultural and Historical Importance of the Coin

This coin not only holds monetary value but also cultural significance. It represents a milestone in Indian history, celebrating a leader who promoted unity, self-reliance, and peace.

Conclusion

The 5 Rupees Birth Centenary of Lal Bahadur Shastri commemorative coin is a valuable piece of history, honoring a leader who played a pivotal role in shaping modern India. With its intricate design and cultural importance, this coin is a must-have for collectors and history enthusiasts alike.

FAQs

What makes the 5 Rupees Lal Bahadur Shastri coin special?

The coin celebrates the 100th birth anniversary of Lal Bahadur Shastri, a respected leader in India’s history. Its unique design and historical significance make it special.

Where was this commemorative coin minted?

The coin was primarily minted at the Calcutta Mint, which has a long-standing history in producing Indian currency.

How can I verify the authenticity of the coin?

Authenticity can be verified by checking the coin’s weight, diameter, and design features. You can also consult a certified coin expert or grading service.

What is the current market value of this coin in different conditions?

The value ranges from ₹32 in Very Good (VG) condition to ₹170 in Almost Uncirculated (AU) condition.

Are there other commemorative coins honoring Lal Bahadur Shastri?

This is the primary coin issued in his honor, but there may be other collectibles or stamps that celebrate his legacy.