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East India Company set up the following three mints in the 17th and 18thcentury: 1. Madras (now Chennai) Mint in 1640 A.D.
2. Bombay (now Mumbai) Mint in 1671 A.D.
3. Calcutta (now Kolkata) Mint in 1759 A.D.
These mints were again reset up as bigger one and with the latest technology, at
Bombay & Calcutta in 1829 A.D. However Madras Mint was closed in1869.
Before 1947, (Pre-Partition of India). There were four mints, namely at Bombay,
Calcutta, Lahore and Madras.
After 1947, (Post Partition of India). There are four mints, namely Bombay,
Calcutta, Hyderabad and Noida. There are four mints in India each with a long &
distinguished history that produce coins which serve our everyday needs, The two
oldest are Alipore (Calcutta) and Bombay mints, both were Established in 1829 by
the British Government, though the former was originally located in Calcutta and
moved to its present site in 1952. The Hyderabad mint was established in 1903 by
the Government of the erstwhile Nizam of Hyderabad and was taken over by the
Government of India in 1950 & started minting since 1953. Noida mint was set up
in 1986 and started minting ferritic stainless steel coins from 1988.
Security Printing and Minting Corporation of India Limited (SPMCIL) was formed
after corporatisation of nine units including four mints, four presses and one paper
mill which were earlier functioning under the Ministry of Finance. The Company
was incorporated on 13.01.2006 under the Companies Act, 1956 with its
headquarters at 16th Floor, Jawahar Vyapar Bhawan, Janpath, New Delhi.
SPMCIL, a Miniratna Category-I CPSE, and wholly owned Schedule A Company
of Government of India, is engaged in the manufacture of security paper, minting
of coins, printing of currency and bank notes, non-judicial stamp papers, postage
stamps, travel documents, etc. The employees strength of SPMCIL is about 15,000
in all its nine units. The Company has four Presses, four Mints and one Paper Mill
to meet the requirements of RBI for Currency Notes and Coins and State
Governments for Non-Judicial Stamp Papers and Postal Departments for postal
stationery, stamps etc. and Ministry of External Affairs for passports, visa stickers
and other travel documents. Other products are commemorative coins, MICR and
Non-MICR cheques etc.
Links to the official website of the Indian Mints :
Euro Coins
The euro (sign: ; code: EUR) is the official currency of the eurozone: 17 of the
27 member states of the European Union. It is also the currency used by
the Institutions of the European Union. The eurozoneconsists of Austria, Belgium,
Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg,
Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain. The currency is
also used in a further 5 European countries (Montenegro, Andorra, Monaco, San
Marino and the Vatican) and the disputed territory of Kosovo. It is consequently
used daily by some 332 million Europeans. Additionally, over 175 million people
worldwide use currencies which are pegged to the euro, including more than
150 million people in Africa.
The euro is the second largest reserve currency as well as the second most traded
currency in the world after the United States dollar
Security features in Euro Coins
The material of the 10, 20 and 50 cent coins is a unique alloy (Nordic gold),
which is difficult to melt and used exclusively for coins.
Lettering around the edge of the 2 coin and the use of a unique metal composition
for the 10, 20 and 50 cent coins protects them against counterfeiting.
World Coins