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Coinage of the Hundred Rupees and One Rupee coined to commemorate "150 Years of India Post" Rules, 2004

The Coinage of the Hundred Rupees and One Rupee coined to commemorate "150 Years of India Post" Rules, 2004

Published vide Notification No. G.S.R. 621(E), dated 17th September, 2004

Act2545

Ministry of Finance

(Department of Economic Affairs)

G.S.R. 621(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 of the Hundred Rupees and One Rupee coined to commemorate "150 Years of India Post" Rules, 2004.

(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 to commemorate "150 Years of India Post". The standard weight of the coins of the following denominations, coined under the provisions of Section 6 of the Act, to commemorate "150 Years of India Post" 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.
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, is to say, the weight could vary from 4.656 grams to 5.044 grams.