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Date : Jul 18, 2008
New Ferritic Stainless Steel Coin of Rs.5 – "Mahatma Basaveswara"

The Reserve Bank of India will shortly put into circulation new Ferritic Stainless Steel coins of Rs.5 issued by Government of India to commemorate "Mahatma Basaveswara". The coins shall conform to the following dimensions, designs and compositions namely:

Denomination of the Coins

Shape Weight & Outside diameter

Metal Composition

Five Rupees

Circular with 23 mm diameter with
Security edges. Weight – 6 gms.

Ferritic Stainless Steel
Chromium – 18%
Iron            - 82% 

Designs:

Obverse : This face of coin shall bear the Lion Capital of Ashoka Pillar with the legend "सत्यमेव जयते" inscribed below, flanked on the left upper periphery with the word "भारत" in Hindi and on the right upper periphery flanked with the word "INDIA" in English. It shall also bear the denominational value "5" in International Numerals flanked on the left lower periphery with the word "रुपए" in Hindi and right lower periphery with the words 'RUPEES" in English.

Reverse : This face of the coin shall bear the portrait of "MAHATMA BASAVESWARA" flanked on the left upper periphery with the words "महात्मा बसवेस्वरा" in Hindi and on the right upper periphery "MAHATMA BASAVESWARA" in English. The words "भकित - कायक - दासाोह - सामना " in Hindi shall be shown below the portrait. There shall be 52 beads on the periphery.

Security edge for 5 Rupees:

The edge of the coin shall be security edge on periphery. At the centre of the edge there shall be shallow groove with a design inside the two sections separated by blank spaces. This design shall consist of chain of beads in relief and each bead being followed by one inclined line in relief. There shall be total 30 lines and 30 beads.

The coin is a legal tender as provided in the Coinage Act, 1906. The existing Five Rupee Coins in circulation shall also continue to be legal tender.

Ajit Prasad
Manager

Press Release : 2008-2009/75


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