We are going to know about this 5 Rupees coin of Mahatma Basaveshwara. How much value can you get from this coin, and which are the rare coins among these let’s find out?
This coin was launched in 2006. 5 rupees coin of Mahatma Basaveshwara comes into variety first was copper-nickel and second was stainless steel. Some UNC & proof sets also were launched. The main difference between copper-nickel coin to stainless steel is its weight, copper-nickel coin comes in 9 grams of weight in another hand ferritic stainless steel coin weighs around 6 grams. Both of these coins were launched from Bombay mint, which you can identify from its diamond mint mark on the coin.
ferritic stainless steel
Many people on social media have talked about this coin and some of them called this very valuable. But is this coin actually valuable?
These coins were also launched in UNC Sets, proof, and vvip proof sets.
proof sets and UNC sets have cost around 3000 to 5000 rupees.
VIP Proof Sets can cost more value.
Price of common circulated coins
Let’s talk about the value of the copper-nickel coin first. 5 rupee coins made from copper-nickel have a value of 30 rupees maximum in uncirculated condition and the coin made from ferritic stainless steel has a value of 15 rupees maximum in uncirculated condition.