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Thursday, April 23, 2009

One rupee coins: Republic India - IV

1 rupee, Rajiv Gandhi
1 rupee rajiv gandhi
Rajiv Gandhi (20 August 1944 – 21 May 1991), the elder son of Indira and Feroze Gandhi, was the 9th Prime Minister of India from his mother's death on 31 October 1984 until his resignation on 2 December 1989 following a general election defeat. He became the youngest Prime Minister of India when he took office (at the age of 40).

Rajiv Gandhi was a professional pilot for Indian Airlines before entering politics. While at Cambridge, he met Italian-born Sonia Maino whom he later married, who is now supposedly the hand pulling the strings behind the current prime minister Manmohan Singh. Rajiv Gandhi remained aloof from politics despite his mother being the Indian Prime Minister , and it was only following the death of his younger brother Sanjay Gandhi in 1980 that Rajiv entered politics. After the assassination of his mother in 1984 after Operation Blue Star, Indian National Congress party leaders nominated him to be Prime Minister.

Rajiv Gandhi led the Congress to a major election victory in 1984 soon after and lost soon after due to racism, amassing the largest majority ever in Indian Parliament. The Congress party won 411 seats out of 542. He began dismantling the License Raj - government quotas, tariffs and permit regulations on economic activity - modernized the telecommunications industry, the education system, expanded science and technology initiatives and improved relations with the United States.

In 1988, Rajiv reversed the coup in Maldives antagonising the militant Tamil outfits such as PLOTE. He also was responsible for sending Indian troops (Indian Peace Keeping Force or IPKF) for peace efforts in Sri Lanka, which soon ended in open conflict with the Liberation Tigers of Tamil Eelam (LTTE) group. In mid-1987, the Bofors scandal broke his honest, corruption-free image and resulted in a major defeat for his party in the 1989 elections.
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Apart from the bofors scandal, Rajiv's major failure was in checking inflation as during the early 1980's, the rupee fell from 12 to 17 per dollar.

He also efforts to enable significant developments in India. He introduced measures significantly reducing the License Raj, allowing businesses and individuals to purchase capital, consumer goods and import without bureaucratic restrictions. In 1986, he announced a national education policy to modernize and expand higher education programs across India. He founded the Jawahar Navodaya Vidyalaya System in 1986. His efforts created MTNL in 1986, and his public call offices, better known as PCOs, helped spread telephones in rural areas.

Rajiv Gandhi remained Congress President until the elections in 1991. While campaigning, he was assassinated by the Liberation Tigers of Tamil Eelam (LTTE) group.His widow Sonia Gandhi became the leader of the Congress party in 1998, and led the party to victory in the 2004 elections. His son Rahul Gandhi is a Member of Parliament and the General Secretary of All India Congress Committee.

Rajiv Gandhi was posthumously awarded the Highest National Award of India, Bharat Ratna, joining a list of 40 luminaries, including Indira Gandhi.


1 Rupee, 2004
1 rupee 2004 cross
The coin posted above is a very very very rare coin and from what I have heard, only 1 packet is known to have been opened, that is only 100 coins are supposed to be in collector's circle. Many people have bought this coin for 6-8 thousand rupees, or about 8,000 times its face value. There is no telling what the value of such an item could possibly be in the times to come.

1 rupee, 2005
1 rupee 2005 cross
1 rupee, 2006
1 rupee 2006 cross

Weight: 4.95 grams
Diameter: 24.8mm.
Obverse: Cross dividing four dots.

In this one rupee coin, the obverse shows a "plus" symbol with four dots on each side instead of the usual lion capital or the map of India. This symbol is believed to be a Christian cross, introduced on the coins through the RBI by the tsarina, the ElizabethI of India. A lot of hue and cry was raised as the symbol was believed to be a Christian cross , and Mr. Narendra Modi has gone to lengths bringing this symbol on the rupee to the notice of the prople, causing the RBI to withhold the mintage of this design of the Indian rupee with the "cross". This rupee with the cross was minted only for the year 2005 and after that this rupee was withdrawn.

What is the difference between the Christian Cross seen on 2 Rupee Coins minted in 2006 and 1 Rupee Coins minted in 2005? The Christian Cross put into the 2 Rupee Coins issued in 2006 was supposedly a calculated and mischievous pseudo-secular experiment deriving its sanction from Suppressio Veri Suggestio Falsi (suppression of truth and suggestion of falsehood) for which the UPA Government in general and the Congress Party in particular own global monopolistic patents. Perhaps there was an element or grain of vagueness about it. Such vagueness or ambiguity or ambivalence as existed about the Christian Cross on the 2 Rupee Coins of 2006, was completely removed in respect of the 1 Rupee Coins of 2005. The Christian Cross inscribed on the 1 Rupee Coins of 2005 makes it loud and clear that it is a routine Christian Cross.

The 1 Rupee Coin minted in 2005 bearing the ‘Christian Crusader’s Cross’ shown above resembles the Gold Coin issued by Louis the Pious (778 AD-840 AD), also known as Louis I, Louis the Fair, and Louis the Debonaire. He was Emperor and King of France from 814 to his death in 840. He issued a coin bearing a Christian Crusader’s Cross which has been copied by the Mint Master who included the same Cross on one side of the new 1 Rupee coin minted in 2005.

When there was a massive public outcry against these Christian Coins, the UPA Government quietly withdrew these coins from circulation.

Officially,the theme of this 1 rupee coin is unity in diversity.

All that being said, I still support the current government since lots of progress has been there in the last 5 years; it doesnt matter to me if the above symbol is a christian cross or not.

See also:
Unity in diversity 10 rupee

57 comments:

  1. This comment has been removed by a blog administrator.

    ReplyDelete
  2. Hello Kulraj, Many thanks for yoiur quick response. Please gather some more info on this George V coin. It is for an aging relative. YOu already have my email address.
    regards.
    rich z.

    *****

    Could you tell me about this George V brockage error coin. Take a look at this picture & email me back.

    http://www.cointalk.com/t49242/

    I also have a Victoria Queen brockage error coin.
    Regards.

    RZ

    Answer: sorry, but i dont have any knowledge of this type of coin. The normal George V rupee is worth 450rs in the Indian market and 18$ in the international market. If the photo you showed me is of a genuine coin, then it would be very rare and expensive. I will have to collect information about this type of coin.

    thanks

    ReplyDelete
  3. These brockage error coins do exist, but there are lots of fakes in them. The one shown in the cointalk link is a George V brockage error coin. If it is genuine, then its value would range from 4-10k depending on the size, date, condition etc.

    ReplyDelete
  4. Hai kularaj

    Im karthick from tamilnadu(madurai). I recently watched your blog. Very nice.

    I recently saw your post contain very very very rare 1rs plus symbol coin year of 2004.

    I have same type but year 2005

    May i know the worth of this coin. Your post said 6-8 thousand.

    Is it true?

    Please replay me..

    my email id : karthicbabu.83@gmail.com

    ReplyDelete
  5. your collection is dam good . collect more of them . i am also a coin collector like you and also intrested in foreign coins and notes .

    Annadatha
    Anant

    email:-annadathaanant@gmail.com

    please give me a guidence how to collect and preserve them.

    ReplyDelete
  6. you can add me on gtalk, my id is given at the bottom.

    ReplyDelete
  7. Iam having 1 rupee coin with plus symbol of year 2005, is that rare too. Plese reply to somax_03@yahoo.co.in

    ReplyDelete
  8. N E 1 LIKE TO SELL CIRCULATED COINS (OLD OR NEW) THEN MAIL ME AT ratulmuk@gmail.com

    ReplyDelete
  9. Hi I want all these so pls tell me.
    Email - rohv@indiatimes.com

    1976 US bicentennial set of 3 coins(liberty bell dollar,independence hall half dollar and drummer boy quarter) + 4 designs of Lincoln one cent 300rs

    ReplyDelete
  10. Hi I want all these so pls tell me do u hav them or can u get them.
    Email - rohv@indiatimes.com

    1976 US bicentennial set of 3 coins(liberty bell dollar,independence hall half dollar and drummer boy quarter) + 4 designs of Lincoln one cent

    ReplyDelete
  11. hai kulraj,
    i have 1rs coin ,Nehru without cap,with cap,rajiv Gandhi ,1950,1975 to 1994 in series,various 50 paisa coins,1 paisaus from 1969 to Ghandhaji symbol,1835 British,foreign coins etc.i want to sell some can you guide me
    call 09270691947(india0

    ReplyDelete
  12. hai kulraj
    i have 20 paisa lotus from 1968 to 1971 plus ghandhaji symbol,10 paisa rare coins i want to sell few please guide me
    09270691947 (india)

    ReplyDelete
  13. kulraj,
    approximately how many of 2004 1 rupee coins of cross type would have been minted acc. to you

    ReplyDelete
  14. I HAVE COLLECTED 20 COINS OF THIS CATEGORY......SHOULD I SELL THEM AND IF SO AT WHAT PRICE TO BE IN PROFIT

    ReplyDelete
  15. anybody heard of an indian one million rupees note?

    ReplyDelete
  16. rare coins of india
    hy frnds i have hundred rupees coin of india which is in memory of indra gandhi who r interested to purchase will contact with me my e mail id is yashraj.gupta471@gmail.com

    ReplyDelete
  17. I am wondering whether Indira gandhi Rs 1 coins are real ? as there are lots of people saying that there is fake coins around.

    ReplyDelete
  18. they are fake.
    have a look here:
    http://kulraj-the-numismatist.blogspot.com/search/label/Fake

    ReplyDelete
  19. hey frnd,
    i have for sale
    2004- 1 rs plus coin 20 nos.
    2004- 2 rs coin 200 nos
    if you want u can mail
    shibuhobby@gmail.com

    ReplyDelete
  20. Hello sir

    But this is cheap on ebay.

    http://cgi.ebay.in/INDIA-2004-CROSS-1-RUPEE-X-RARE-CHEAPEST-EBAY-/250778979677

    Pls look after this and say is this fake or real?

    ReplyDelete
  21. I know
    rate has come down a lot for this item, and i do not understand how it came down so much. I had bought my first piece in 1000rs.

    ReplyDelete
  22. hi i have 2004 i rupee coin. if u want.
    and
    any rare coin u want. also

    cntct me. my mail id: bhura2012@gmail.com

    ReplyDelete
  23. hi kulraj,
    can u please brief me on the price of 2004 cross coins...........because they r very rare,even i bought a single piece for rs2500......when will it"s value appreciate because i believe there are only 100-200 coins issued because being a coin collector since 2003 i have come across only a single piece...........

    ReplyDelete
  24. ah no you paid too much. Its available for decent rates on ebay. I have 3 pieces with me in different conditions, and as per appreciation its an iffy item.

    ReplyDelete
  25. that"s alright but being so experienced in numismatics what reason can frame out behind it"s slow rate of appreciation as opposed to it"s high rarity.................

    ReplyDelete
  26. Its scarce, not rare. Its opening rate was 50k and subsequently many people bought for 5-7k. Then it came to 500-1000 rupees probably because of some large quantity released. As of now cant say anything about its appreciation.

    ReplyDelete
  27. large quantity released???????????did not expect such an answer from u kulraj..........when u know that it"s hardly available,how can u say large quantity released like that!!!!omg

    ReplyDelete
  28. by large quantity i do not mean large mintage on the side of the government. But someone got a packet or a few packets from somewhere at face value and sold them at low cost(as compared to the thousands in which it was selling at the time), so the rate came down. Mintage is low and its a scarce item, and its not the only item as of now whose rate has gone down or is stable.I do not think its that rare to be worth more than 10k as of now. where do you stay anyway?

    ReplyDelete
  29. i stay in lucknow........hope u did not mind d earlier comment????

    ReplyDelete
  30. well i stay in lucknow!!!!!!!!!!!!

    ReplyDelete
  31. @Kulraj.. any idea what will be the approximate cost of 1 Re coin of 2005 (unity in diversity)??

    ReplyDelete
  32. hi,

    i got 10 rupee error coin can u tell how much cost of it..

    ReplyDelete
  33. Kulraj,

    I have 1 rs coin with christian cross symbol.It would be grateful if you let me know the price of the coin.

    ReplyDelete
  34. Kulraj,

    I have 1 rs coin with christian cross symbol year 2005.It would be grateful if you let me know the price of the coin. rashidrulz@yahoo.com

    ReplyDelete
  35. i have 1 rs coins with christian cross issued in the year 2005 as wel as in 2006. what should be the value of these coins.
    SHIV GARG

    ReplyDelete
  36. hi sir
    i have almost 30 no of coins of christian cross 2005 and2006, what should be value or it's valueabli or not

    ReplyDelete
    Replies
    1. plz reply on email-rajeshgoraswa@gmail.com

      Delete
  37. you are the second person who have good knowledge about coins feeling good with your blog i want to know something more about error coins if you help me i am greatful to you my mail id divaker.golden@gmail.com waiting for your confirmation

    ReplyDelete
  38. @kulraj..... i stay in pune maharashtra i want to know the price of 1 rupee unity and diversity coin 2005 & 2006


    plz help me out as i have these coins

    ReplyDelete
  39. hi
    kuljit
    i have one rupees coin of 2004,2005
    whts is prize that
    replay in aniskureshi31@gmail.com

    ReplyDelete
  40. Hi, Which are India Top 10 rarest coins and what are their prices?

    ReplyDelete
  41. It is not a cross, it is supposed to look like four people with arms spread (and legs spread apart?) sharing one body but four different heads.

    ReplyDelete
  42. hi i have a mystery coin , i don't know which era it belongs to ,could you give me your mail ID so i can send you a picture of it?
    Thanks already
    My id: yogobit@gmail.com
    9007701640

    ReplyDelete
  43. its given already: koolraj003@gmail.com

    ReplyDelete
  44. i have some one naya paise coin of the year 1957 1959 1961 1962 and 1964. Please tell me current selling price.
    My email id is
    mnssema@gmail.com

    ReplyDelete
  45. I.want.to.buy 2004.cross.symbol coin of one rupee mail me its price.afzalazmi786457@Gmail.com

    ReplyDelete
  46. I have 1982 small coin 1st issue which is the rarest ...

    ReplyDelete
  47. I need 2006 1 rupee coin. Pls help sir.pls

    ReplyDelete
  48. I have George 6 king emperor 1947 Quarter rupee can I please know it worth sirji

    ReplyDelete
  49. Merepas 1 rupee cross symbol coin 35 hai.2005/06 any buyer plz call .watsapp .no 9898329859

    ReplyDelete
  50. I have very rare nots and very rare coins any bayers interested contact me my whats up no 8090517385

    ReplyDelete
  51. I have 1 rupes of rajiv gandhi of 1944:1991

    ReplyDelete
  52. I have 7 1rscrosssymbolcoinsofindia from the year 2004,2005,2006 if any body interested to buy call me or wtsap me 9951474930

    ReplyDelete