You might have read and heard a lot about Indian currency, but today we are going to tell you something that will amaze you. You must have held countless coins in your hands over the years, but have you ever noticed a special mark on them? Some coins have a diamond symbol, some have a dot, and others have a star. Have you ever wondered why these marks exist and why they differ? Surprisingly, 99% of people don’t know the answer!
Who Issues Indian Coins?
Before revealing the reason behind these marks, let’s first understand how Indian coins are issued. Every year, the Indian government issues both currency notes and coins. However, the exact number of coins minted annually is not publicly available. Currently, coins of ₹1, ₹2, ₹5, ₹10, and ₹20 are in circulation. No private entity is authorized to mint coins; only the Indian government has this right.
Why Do Coins Have Special Marks?
Indian coins are minted at four different mints: Mumbai, Kolkata, Hyderabad, and Noida. Each mint leaves a distinct mark on the coins it produces. By looking at a coin, you can identify where it was minted.
If you closely observe a coin, you’ll notice a small symbol below the year of minting. This symbol indicates the mint where the coin was produced:
- Diamond (♦) Symbol – Minted in Mumbai
- No Symbol – Minted in Kolkata
- Star (*) Symbol – Minted in Hyderabad
- Dot (•) Symbol – Minted in Noida
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Do These Marks Affect the Coin’s Value?
All coins of the same denomination and size hold the same value, purchasing power, weight, and design. The only difference is the mint mark, which simply indicates where the coin was manufactured.
So, next time you hold a coin, take a closer look at the mint mark—you’ll know exactly where it was made!