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Core Purpose

Notification under section 24 of the Coinage Act, 2011 making the Coinage (Issue of Commemorative Coin on the occasion of 2800th Nirvan Kalyanak of Parshvanath Bhagwan) Rules, 2024, prescribing specifications for a Rs. 800 commemorative silver coin.

Detailed Summary

Issued by the Ministry of Finance (Department of Economic Affairs) as G.S.R. 710(E) dated 18th November 2024, this notification, made under clauses (d) and (e) of sub-section (2) of section 24 of the Coinage Act, 2011 (11 of 2011), promulgates the Coinage (Issue of Commemorative Coin on the occasion of 2800th Nirvan Kalyanak of Parshvanath Bhagwan) Rules, 2024, effective from the date of publication, providing for an eight-hundred-rupee circular coin of 44 millimetre diameter with 200 serrations composed of 99.9 per cent pure silver, with the obverse bearing the Lion Capital of the Ashoka Pillar, the legend 'Satyamev Jayate', 'Bharat' in Devanagari and 'INDIA' in English, the rupee symbol and the denominational value '800', and the reverse depicting the idol of Parshvanath Bhagwan with Devanagari and English inscriptions commemorating the 2800th Nirvan Kalyanak of Parshvanath Bhagwan and the year 2024; the standard weight is set at 40 grams with a permitted remedy of 999 parts silver per 1000 and a weight tolerance of 39.995 to 40.005 grams, as detailed in the First and Second Schedules; per file number 02/13/2024-Coin, signed by Aparna Bhatia, Adviser.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-18112024-258717 EXTRAORDINARY PART II—Section 3—Sub-section (i) PUBLISHED BY AUTHORITY No. 651] NEW DELHI, MONDAY, NOVEMBER 18, 2024/KARTIKA 27, 1946 MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 18th November, 2024 G.S.R. 710(E). — In exercise of the powers conferred by clauses (d) and (e) of sub-section (2) of section 24 of the Coinage Act, 2011(11 of 2011), the Central Government hereby makes the following rules, namely:- 1. Short title and commencement.- (1) These rules may be called the Coinage (Issue of Commemorative Coin on the occasion of 2800th Nirvan Kalyanak of Parshvanath Bhagwan) Rules, 2024. (2) They shall come into force on the date of their publication in the Official Gazette. 2. Denomination of coin.- The coin of eight hundred rupees denomination shall only be coined at the Mint for issue under the authority of the Central Government to commemorate on the occasion of 2800th Nirvan Kalyanak of Parshvanath Bhagwan. 3. Dimension and composition of coin.- The denomination of the coin mentioned in rule 2 shall conform to the following dimensions and composition, namely: +-----------------------+-----------------------------+-----------------------+--------------------------+ | Denomination | Shape and outside diameter | Number of serrations | Metal composition | | of the coin | | | | +=======================+=============================+=======================+==========================+ | (1) | (2) | (3) | (4) | +-----------------------+-----------------------------+-----------------------+--------------------------+ | Eight hundred rupees | Circular | 200 | Pure Silver | | | 44 millimetre | | Silver - 99.9 per cent. | +-----------------------+-----------------------------+-----------------------+--------------------------+ 4. Design.- The design of the coin shall be as specified in the First Schedule annexed to these rules. 5.Standard weight and remedy allowed.- The standard weight of the coin of denomination referred in rule 2 to commemorate the occasion of 2800th Nirvan Kalyanak of Parshvanath Bhagwan and the remedy allowed in making of such coin shall be as specified in the Second Schedule annexed to these rules. THE FIRST SCHEDULE [See rule 4] EIGHT HUNDRED RUPEES OBVERSE: This face of the coin shall bear the Lion Capitol of Ashoka Pillar in the centre with the legend “सत्यमेव जयते” inscribed below, flanked on the left periphery with the word “भारत” in Devnagri script and on the right periphery with the word "INDIA" in English. It shall also bear the Rupee symbol “₹” and denominational value "800" in the international numerals below the Lion Capitol. REVERSE: This face of the coin shall bear the image of the idol of Parshvanath Bhagwan with background design. The inscription “पार्श्वनाथ भगवान का 2800 वां निर्वाण कल्याणक” shall be written in Devanagari script on the upper periphery of the coin and the inscription “2800th NIRVAN KALYANAK OF PARSHVANATH BHAGWAN” in English shall be depicted on the lower periphery of the coin. The year "2024" shall be written below the idol in international numbers. THE SECOND SCHEDULE [See rule 5] +-----------------------+-----------------+---------------------------------------------+----------------------------------------------+ | Denomination of | Standard weight | Remedy allowed | | | the coin | +---------------------------------------------+----------------------------------------------+ | | | In composition | In standard weight | +=======================+=================+=============================================+==============================================+ | (1) | (2) | (3) | (4) | +-----------------------+-----------------+---------------------------------------------+----------------------------------------------+ | Eight hundred rupees | 40 Grams | 999 parts of silver per 1000. The | 1/8000th plus or minus that is to | | | | tolerance for Silver content shall | say weight could be 39.995 | | | | be 999 and above. | grams to 40.005 grams. | +-----------------------+-----------------+---------------------------------------------+----------------------------------------------+ [F. No. 02/13/2024-Coin] APARNA BHATIA, Adviser

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