A look at Coins of India and its transformation
The
coins of India have a rich history attached to it and many coin collectors are still discovering new facts about them. Some coins carry a fascinating history behind them, from their minting to the obverse and reverse details all display a rich history. Indian Coins flourished during the Mughal Period as the Mughal rulers were creatively inclined.
After
the Mughal era, coins in India didn’t go through much transformation and barely any distinct feature caught anyone’s attention. It was during the British rule, the coins of India were divided into two periods: East India Company and Imperial Period.
The
administration of British India was transferred from East India Company to British Crown, with this gold and silver coins coming into existence. After India got independence, the Indian government didn’t begin to mint its own coins and continued with the British coins.
ď‚ž Things
started to change only after 1950, when Indian government began minting coins. ď‚ž The government of India added new features to the Indian coins, which were modern and showcased the culture of India.
Under
the current government, the Indian Coins and currencies are going to have some major uplift. Demonetization is the trend that India will have for a while. Till now, 10 rupee Coin of India is the highest denomination in India since 2005. The Indian government is really making a lot of effort to mint more coins that are uniquely designed and showcase the true character of modern India.