India Government Mint, Hyderabad
Predecessor | Royal Mint (Mint of SPMCIL |
---|---|
Subsidiaries | None |
Website | igmhyderabad.spmcil.com |
Formerly called | Royal Mint |
India Government Mint, Hyderabad is one of the four
History
Till early 19th century, mints were privately operated by wealthy businessmen (
1803–1858
India Government Mint, Hyderabad was established in 1803 AD by
1858–1903
With the
1903–1950
On 13 July 1903, a new mint was established in Saifabad, Hyderabad and the operations were shifted to the new location. In 1950, post "Federal Financial Integration", the mint was over-taken by the Government of India.[2]
1950–1997
The Hyderabad mint operated in Saifabad from 1950 to 1997. On 20 August 1997, the mint was shifted to its present location at Cherlapally in the city of Secunderabad, India. The facility was established with annual production capacity of 700 million coins and 950 million planchets.[2]
1997 – present
India Government Mint in Hyderabad has been operating at the same location since 1997. As a result of the
Organization
Since 13 January 2006, the India Government Mint, Hyderabad functions as one of the units of the "Security Printing & Minting Corporation of India Limited". The mint is headed by a "general manager".[6]
Mint mark
Coins minted at the India Government Mint, Hyderabad carries the mint mark of a five-pointed star (*), symbolising that the coin was produced in the Hyderabad mint.[7]
Production
The India Government Mint in Hyderabad was planned with an estimated annual production capacity of annual production capacity of 700 million coins and 950 million planchets. Indian rupee coins (1, 2, 5 & 10) are produced in this mint.[2]
References
- ^ "Coordinates". latlong.net. Archived from the original on 7 August 2017. Retrieved 9 January 2017.
- ^ a b c d e "Profile". Official website. Retrieved 9 January 2017.
- ^ "Coins". Reserve Bank of India. Retrieved 9 January 2017.
- ^ a b c d "History". Official website. Retrieved 9 January 2017.
- ^ "Corporatization". Official website. Archived from the original on 5 October 2018. Retrieved 9 January 2017.
- ^ "Organization Structure". Official website. Retrieved 9 January 2017.
- ^ "Mint mark". numista. Retrieved 9 January 2017.