Discover the captivating story behind the 5 Rupees Lokmanya Tilak coin, a stunning commemorative piece celebrating India’s freedom fighter. Explore its historical significance, unique design, and collector’s value in this comprehensive guide.
Introduction
- Overview of the 5 Rupees Lokmanya Bal Gangadhar Tilak Coin
- Importance of commemorative coins in India
2. Historical Background
- Who was Lokmanya Bal Gangadhar Tilak?
- The significance of Tilak in India’s freedom struggle
3. Coin Specifications
- Composition and Material
- Stainless steel properties and significance
- Weight and Size
- Weight: 6g, Diameter: 23mm
- Shape
- Round design
4. Commemorative Issue Overview
- Celebrating the 150th Birth Anniversary of Lokmanya Tilak
- Why Tilak’s legacy is commemorated
5. Design Features of the Coin
- Obverse (Front)
- Asoka Lion Pedestal and denomination details
- Reverse (Back)
- Bust of Tilak and inscription
- Language used: Hindi and English
6. Edge Details
- Security edge explanation
7. Mintmark Varieties
- Common mintmark: ♦
- Rare mintmark: M
8. 2007 Minting Details
- Year of release and its significance
- Differences between Mumbai Mint and others
9. Circulation and Usage
- Circulating commemorative coin status
- How this coin is used and its place in daily transactions
10. Rarity and Value
- Frequency and availability
- How value changes from Very Good (VG) to Uncirculated (UNC)
11. Collector’s Appeal
- Why this coin is sought after by collectors
- Its place in Indian numismatics
12. Market Value and Pricing
- Breakdown of coin values across conditions (VG to UNC)
- How mintmark affects the price
13. Interesting Facts about the Coin
- Historical and cultural anecdotes
- Its role in modern Indian currency
14. Tips for Coin Collectors
- How to preserve and maintain this coin
- What collectors should look for
15. Conclusion
- Summary of the importance of the 5 Rupees Lokmanya Tilak coin
- Final thoughts on its value and significance
16. FAQs
5 Rupees Lokmanya Bal Gangadhar Tilak Coin (Stainless Steel) – A Collector’s Gem
Introduction to 5 Rupees Lokmanya Tilak Coin
The 5 Rupees Lokmanya Tilak coin is not just a piece of currency; it’s a celebration of Indian heritage and history. Released in 2007 to mark the 150th birth anniversary of Lokmanya Tilak, this stainless steel coin stands as a tribute to one of the most influential leaders of the Indian independence movement. With its distinctive design and cultural significance, it encapsulates the spirit of a nation striving for freedom.
Commemorative coins, like the Tilak coin, play a vital role in preserving the rich tapestry of a country’s history. They serve as tangible reminders of significant events, personalities, and milestones that have shaped a nation. In India, these coins are cherished by collectors and enthusiasts alike, as they not only hold monetary value but also carry stories of resilience, patriotism, and cultural pride. Through these coins, the legacies of remarkable figures like Tilak continue to inspire generations.
Historical Background
Who was Lokmanya Bal Gangadhar Tilak?
Lokmanya Bal Gangadhar Tilak, often affectionately referred to as “Lokmanya” (meaning “accepted by the people”), was a pivotal figure in India’s struggle for independence. Born on July 23, 1856, in Ratnagiri, Maharashtra, Tilak was not just a nationalist leader; he was also a lawyer, social reformer, and educationist. He is famously known for his strong advocacy of self-rule and his belief that independence was the birthright of every Indian.
Tilak was one of the first leaders to articulate the desire for freedom in a manner that resonated deeply with the masses. He co-founded the Indian National Congress and later became a leader of the extremist faction, pushing for direct action against British rule. His powerful slogans, like “Swaraj is my birthright, and I shall have it,” inspired millions and mobilized the Indian populace toward the goal of self-determination.
The Significance of Tilak in India’s Freedom Struggle
Tilak’s contributions to the Indian independence movement were monumental. He was instrumental in raising national consciousness and instilling a sense of pride in Indian identity. His approach combined cultural revival with political action, as he emphasized the importance of Indian culture and traditions in the fight against colonialism.
One of his significant initiatives was the celebration of Hindu festivals, particularly Ganesh Chaturthi, as a means to foster unity among the masses. This not only provided a platform for social mobilization but also helped strengthen the nationalistic fervor among Indians.
Tilak’s fiery writings, especially in his newspaper Kesari, galvanized public opinion against British rule, exposing the injustices faced by Indians. His imprisonment for sedition further elevated his status as a martyr for the cause of independence, inspiring future leaders like Mahatma Gandhi.
In essence, Lokmanya Bal Gangadhar Tilak is remembered as a fearless leader who laid the groundwork for India’s quest for freedom, advocating for self-rule and igniting the spirit of nationalism that would ultimately lead to independence in 1947. His legacy is honored through commemorative coins like the 5 Rupees Lokmanya Tilak coin, serving as a constant reminder of his enduring impact on Indian history.
5 Rupees Lokmanya Tilak Coin Specifications
Composition and Material
The 5 Rupees Lokmanya Tilak coin is made from stainless steel, a material known for its durability and resistance to corrosion. The use of stainless steel in coin minting offers several benefits, such as longevity and the ability to withstand circulation without significant wear and tear. This makes the coin both practical for everyday use and attractive for long-term collection.
Weight and Size of 5 Rupees Lokmanya Tilak
Weighing 6 grams, the 5 Rupees Lokmanya Tilak coin has a diameter of 23 mm, making it compact and easy to handle. Its size is consistent with other coins in the 5 Rupees denomination, ensuring it fits seamlessly into regular transactions while still standing out as a commemorative piece.
Shape of 5 Rupees Lokmanya Tilak
The 5 Rupees Lokmanya Tilak coin is round in shape, following the traditional form of Indian currency. This shape not only adds to its aesthetic appeal but also makes it easy to recognize and handle.
Commemorative Issue Overview
The 5 Rupees Lokmanya Tilak coin was issued to mark the 150th birth anniversary of Tilak. Such commemorative issues are rare and are usually released to honor individuals or events of significant national importance. By choosing to celebrate Tilak’s 150th anniversary, the Indian government reaffirmed his crucial role in the nation’s history and the impact of his contributions to the freedom movement.
Design Features of the 5 Rupees Lokmanya Tilak Coin
Obverse (Front)
On the obverse side of the 5 Rupees Lokmanya Tilak coin, you’ll find the iconic Asoka Lion pedestal, a symbol that is also featured in India’s national emblem. Below the pedestal is the denomination of the coin, 5 Rupees. The inscriptions are bilingual, with “भारत INDIA” written in Hindi and English. Additionally, the national motto “Satyameva Jayate” (Truth Alone Triumphs) is inscribed, symbolizing India’s commitment to truth and justice.
Reverse (Back) of 5 Rupees Lokmanya Tilak Coin
The reverse side of the 5 Rupees Lokmanya Tilak coin is where Lokmanya Tilak’s bust is engraved, facing slightly to the right. Surrounding the bust is the inscription marking the 150th birth anniversary, written in both Hindi and English. The words “लोकमान्य बाल गंगाधर तिलक की १५० वी जयंती” (Lokmanya Bal Gangadhar Tilak ki 150vi Jayanti) and “150th BIRTH ANNIVERSARY OF LOKMANYA BAL GANGADHAR TILAK” make it clear that this coin is part of a commemorative issue.
Edge Details
The coin features a security edge, which not only adds to its durability but also helps prevent counterfeiting. The textured edge offers a secure grip and a unique feature that sets it apart from regular circulation coins.
Mintmark Varieties
This commemorative coin has two primary mintmark varieties. The most common variety bears a small diamond symbol (♦), indicating that it was minted at the Mumbai Mint. A rarer variety features the letter “M” as the mintmark. Collectors value the “M” mintmark version more due to its limited availability.
2007 Minting Details
The coin was minted in 2007 to celebrate Tilak’s 150th birth anniversary. The Mumbai Mint produced both the diamond (♦) and “M” mintmark varieties, with the diamond mintmark being more common. The “M” version is rare, adding to its appeal among collectors.
Circulation and Usage
Though the 5 Rupees Lokmanya Tilak coin is a commemorative issue, it is still classified as a circulating coin, meaning it can be used in everyday transactions. However, many people prefer to preserve these coins as collectibles, reducing the number in active circulation.
Rarity and Value
The rarity of this coin is determined by its condition and mintmark. Coins in uncirculated (UNC) condition with the “M” mintmark are the most valuable. Here’s a breakdown of the value range:
- Very Good (VG): ₹270
- Fine (F): ₹400
- Very Fine (VF): ₹440
- Uncirculated (UNC): Higher value based on demand and rarity
Collector’s Appeal
For collectors, the 5 Rupees Lokmanya Tilak coin represents a unique blend of historical significance and aesthetic appeal. Its stainless steel composition, commemorative nature, and association with a prominent figure in Indian history make it a must-have for numismatists.
Market Value and Pricing
As with any collectible, the value of the coin fluctuates based on its condition, rarity, and market demand. Coins with the “M” mintmark are generally priced higher, and those in uncirculated condition fetch a premium. Collectors should always check the coin’s condition before buying or selling.
Interesting Facts about the Coin
- The coin was released exactly 150 years after Tilak’s birth, in 2007.
- Lokmanya Tilak’s portrait on the reverse side is one of the few commemorative coin designs to feature a 3/4 right-facing bust.
Tips for Coin Collectors
To preserve the coin’s value, avoid cleaning it with harsh chemicals. Instead, store it in a protective case to prevent scratches and tarnishing. If you’re looking to add this coin to your collection, try finding the rare “M” mintmark version.
Conclusion
The 5 Rupees Lokmanya Bal Gangadhar Tilak coin is more than just currency. It serves as a tribute to a legendary figure in India’s freedom movement while offering collectors a piece of history. Whether you’re an avid coin collector or simply appreciate India’s rich heritage, this coin is a valuable and timeless addition to any collection.
FAQs
- What makes the 5 Rupees Lokmanya Tilak coin special?
- It commemorates the 150th birth anniversary of Lokmanya Tilak, a key figure in India’s freedom movement.
- How can I tell if my coin is from the Mumbai Mint?
- Look for the mintmark. The Mumbai Mint uses a diamond (♦) or the letter “M.”
- Is the 5 Rupees Tilak coin still in circulation?
- Yes, although it is primarily collected, it remains a legal tender coin.
- How should I preserve my commemorative coin?
- Store it in a protective case to prevent wear, and avoid using harsh chemicals for cleaning.
- Where can I buy or sell this coin?
- You can find or sell this coin at numismatic fairs, online marketplaces, or through reputable coin dealers.
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