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Coinage (Standard Weight and Remedy of Commemorative Coins) of the One Hundred Rupees (Containing Silver 50%, Copper 40%, Nickle 5% and Zinc 5%), Ten Rupees (containing Copper 75% and Nickle 25%) and One Rupee Ferritic Stainless Steel (containing Iron 82% and Chromium 18%) coined in honour of "Veer Durgadass" Rules, 2003

The Coinage (Standard Weight and Remedy of Commemorative Coins) of the One Hundred Rupees (Containing Silver 50%, Copper 40%, Nickle 5% and Zinc 5%), Ten Rupees (containing Copper 75% and Nickle 25%) and One Rupee Ferritic Stainless Steel (containing Iron 82% and Chromium 18%) coined in honour of "Veer Durgadass" Rules, 2003

Published vide Notification No. G.S.R. 654(E), dated 11th August, 2003

Act2544

Ministry of Finance

(Department of Economic Affairs)

G.S.R. 654(E). - In exercise of the powers conferred by Sub-section (1) of Section 21 read with Section 7 of the Coinage Act, 1906 (3 of 1906), the Central Government hereby makes the following rules, namely:-

  1. Short title and commencement.- (1) These rules may be called the Coinage (Standard Weight and Remedy of Commemorative Coins) of the One Hundred Rupees (Containing Silver 50%, Copper 40%, Nickle 5% and Zinc 5%), Ten Rupees (containing Copper 75% and Nickle 25%) and One Rupee Ferritic Stainless Steel (containing Iron 82% and Chromium 18%) coined in honour of "Veer Durgadass" Rules, 2003.

(2) They shall come into force on the date of their publication in the Official Gazette.

  1. Definition.- In these rules, "Act" means Coinage Act, 1906 (3 of 1906).
  2. Standard Weight and Remedy allowed on coins of certain denominations coined in honour of "Veer Durgadass". The standard weight of the coins of the following denominations, coined under the provisions of Section 6 of the Act, in the honour of "Veer Durgadass" and the remedy allowed in making of such coins shall be as specified in the Table below:-

Table

Denomination Standard weight Remedy Allowed
In composition In standard weight
(1) (2) (3) (4)
One Hundred Rupees 35 Grams 1/500th plus or minus for Silver, that is to say, the Silver contents may vary from 498 to 502 per 1000. 1/100th plus or minus, that is to say, the weight could vary from 34.65 grams to 35.35 grams.
Ten Rupees 12.5 Grams 1/100th plus or minus both for Copper and Nickle, that is to say, Copper could vary from 74% to 76% and Nickle from 24% to 26%. 1/40th plus or minus, that is to say, the weight could vary from 12.187 grams to 12.812 grams.
One Rupee 4.85 Grams 1/200th plus or minus for Chromium that is to say, Chromium could vary from 17.5% to 18.5%. 1/25th plus or minus, that is to say, the weight could vary from 4.656 grams to 5.044 grams.