You must have surely seen 10-rupee and 20-rupee coins. You likely use them in your daily transactions as well. However, a special 250-rupee commemorative coin has now been issued in the country. This unique coin has become a topic of discussion among the public. It has been released to mark the 250th birth anniversary of the great Carnatic musician, Muthuswami Dikshitar. Union Finance Minister Nirmala Sitharaman unveiled this 250-rupee commemorative coin at an event organized by IIT-BHU in Varanasi. But can this coin be used for regular purchases? How much does it weigh, and what is its value? Let’s find out.
Can the 250-rupee coin be used for everyday transactions? The biggest question regarding this commemorative coin is: can it be used like regular currency? Well, this coin is not intended for everyday transactions. It has been issued as a commemorative and collectible coin. Those who enjoy collecting such unique coins can purchase it from the official website of the India Government Mint.
This special coin is made of 4 metals
This ₹250 commemorative coin is crafted from a blend of four metals: silver, copper, nickel, and zinc. It weighs 35 grams. Its unique design and historical significance make it an attractive piece for coin collectors.
What is the price of the ₹250 coin? There is also curiosity among people regarding the value of this commemorative coin. According to initial reports, its sale price has been set at approximately ₹6,985. In other words, even though its face value is ₹250, one might have to spend nearly ₹7,000 to purchase it.
