Old Coin Museum Contact Number, RBI Monetary Museum Facts & FAQs…

Old Coin Museum Contact Number, RBI Monetary Museum Facts & FAQs…

Old Coin Museum Contact Number: Established in 1980 under the Indian Institute of Research in Numismatic Studies, Coin Museum is the only one of its kind in Asia. It boasts a fine collection of documented history of Indian currencies along with terracottas, copper-hoard objects, paintings and a number of historical artefacts.

The museum displays rare and unique coins from times long gone and traces India’s history through the coins of such dynasties and ruling houses as Ujjain, Kushana, Kshatrapa, Naga, Vallabha, Gupta, Kalachuri, Gadhaya, Parmar and more. You can also see relics from the days of the Delhi Sultanate, Malva Sultan and Mughal occupation. In addition to this, you will find punch-marked coins, cast coins, and Holkar coins at this well-maintained museum. Offering a lesson in India’s rich and colourful past, Coin Museum is an absolute must-visit for children and history buffs, sure to keep you engaged for hours at a time.

In Hindi:

Old Coin Museum Contact Number: भारतीय मुद्राशास्त्रीय अध्ययन संस्थान के तहत 1980 में स्थापित, सिक्का संग्रहालय एशिया में अपनी तरह का एकमात्र संग्रहालय है। इसमें टेराकोटा, तांबे के ढेर की वस्तुओं, चित्रों और कई ऐतिहासिक कलाकृतियों के साथ-साथ भारतीय मुद्राओं के प्रलेखित इतिहास का एक अच्छा संग्रह है।

संग्रहालय लंबे समय से दुर्लभ और अद्वितीय सिक्कों को प्रदर्शित करता है और उज्जैन, कुषाण, क्षत्रप, नागा, वल्लभ, गुप्त, कलचुरी, गढ़या, परमार और अन्य जैसे राजवंशों और शासक घरों के सिक्कों के माध्यम से भारत के इतिहास का पता लगाता है। आप दिल्ली सल्तनत, मालवा सुल्तान और मुगल कब्जे के दिनों के अवशेष भी देख सकते हैं। इसके अलावा, आपको इस सुव्यवस्थित संग्रहालय में पंच-चिह्नित सिक्के, ढले हुए सिक्के और होल्कर सिक्के मिलेंगे। भारत के समृद्ध और रंगीन अतीत में एक सबक पेश करते हुए, सिक्का संग्रहालय बच्चों और इतिहास के शौकीनों के लिए एक परम जरूरी यात्रा है, जो आपको एक समय में घंटों तक जोड़े रखना सुनिश्चित करता है।

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RBI Monetary Museum For Old Coins Currency Money – Mumbai

“For Old Coins and Currency Lovers, RBI (Reserve Bank Of India) money / monetary museum located at Fort area of South Mumbai has an abundance of information about old new Indian coins and currency notes to date. RBI Monetary Museum is the only museum in Mumbai which has free entry with any and all types of Indian Currency Information.

RBI Monetary Museum Fast Facts

  • Existence and Startup: This money museum was started in 2004, and with time it gained popularity locally and internationally too.
  • RBI Act 1934: Reserve Bank Of India is the sole and central authority of the Nation to print currency notes and coins and decides on every aspect of same.
  • Major Attraction Inside: 10,000 and more Ancient and Historic old coins made of varieties of metals, displayed on a wall behind glass. Old and new currency notes with detailed information on the prints, embosses and other things found on the note. It also detailed the way coins were used in past and the needs of time and development which brought in currency notes in replacement of old coins. Also are on display all old coins and currency notes which are obsolete in the last few years, decades and more.
  • Facilities at RBI Monetary Museum: Secure lockers to keep belongings, Toilet and Restrooms, Limited Car parking, Momentous purchasing opportunity, 4 Different Brochures Costing Rs.5 each etc.
  • Location: This Indian money museum in Mumbai is located in the Fort area which is known as one of the oldest commercial hubs of the city. The nearest railway stations are CST and Churchgate at 5 to 10 minutes’ distance.
  • Types of Coins on Display: From AD 330 to 370, the Coin collection is huge. Varieties of Historic coins are made of pure Gold, Silver, Bronze, Brass, Copper, Nickel and more. Rare collections like an 8 mm Diameter coin called ‘Fanam’ is also on display.
Old Coin Museum Contact Number
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Inside Monetary Museum

Sections

Museum basically has 6 major sections along with an Information kiosk location inside for curious school children and others. The main entrance of the museum welcomes visitors with a Mural. A door on the left to get the museum journey started. As soon you enter the first section called ‘Ideas Concepts and Curiosities’, you start getting the idea of what a money museum is all about and why many such monetary museums exist around the world and not just in Mumbai that attracts tourists and old coin collectors on the globe.

Move ahead into the ‘Coinage Section’ and it will keep you thinking about what the past was all about with 10,000 odd exhibits on display. Various coins of all types of metal and a few metals like Gold, Silver, and Copper which are precious and costly today were just another metal form used for coins and had less value otherwise. The coinage section is the largest section of the museum.

Ancient and historic coins unlike today’s are on display with perfect lights falling to see the artwork and embossing work done on the same. Look them close and think about how easy or difficult it would be to Emboss and create the marks on thousands of such coins without the advanced technology we use today. The combination of Indian and British marked coins made of brass, copper and other mixed metal has a different attractive shine as seen in this section.

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Next Section

Move next door and the section called ‘From Coins to Paper Money’ shows up which explains the; changing trends and the requirement of gaining civilization from old coins (Mudra in Hindi) to the birth of currency notes (Paper money). Move ahead to the ‘Banking and Paper Money’ section that welcomes you with a deeper knowledge of how Banking became needed and paper money was the currency of time.

Huge currency notes on walls with Reserve Bank Of India written and many such notes; of Rupee 1, Rupee 2, Rupee 5 and more (Enlarged) and walled behind a glass case. The face of paper money has changed from time to time. More secure and hackproof, More minor scripting, design and secret details are embossed; it is not possible to copy and create fake notes by cheaters and only possible by RBI.

Old Coins

Another Section

Move inside the centre location of RBI Monetary Museum to a section called ‘Know Your Currency’; a paper money section with an abundance of information about how currency is managed; pictures to understand how RBI plans any currency and what are the minor details inside every paper note; that we people usually cannot understand otherwise. So ever thought knowing about the Mahatma Gandhi Image on Indian currency, Why the words like Satyamev Jayate printed on notes?

This section of the Museum also helps individuals from Mumbai and also tourists with information to differentiate Original Currency; from fake currency notes that flood in the markets Mumbai as read in newspapers time after time.

‘RBI and You’ is the last section at the exit of the Museum that explains what role RBI; plays and what a common person should know and related to our Reserve Bank. Therefore the abundance of information on how banking and currency notes came into existence; what is the role of RBI and other historic details since 1934 when the RBI act was implemented in India.

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Timings & Address

Museum Timings

Entry is opened to the public in the morning from 10:45 till Evening at 5:15 free of cost. The museum is closed on Money and during Bank Holidays.

Postal Address

RBI Monetary Museum,
Reserve Bank of India,
Ground Floor, Amar Building,
Sir Pherozeshah Mehta Road,
Kala Ghoda, Fort, Mumbai 400001

FAQs on Old Coin Museum Contact Number

Does RBI buy old coins?

Cautioning the general public “not to fall prey to fictitious offers of buying/ selling of old banknotes and coins;” the RBI said the central bank does not deal in such matters, and “never seeks charges/ commissions of any sort.”

What is the value of 1 Anna?

An anna (or ānna) was a currency unit formerly used in British India, equal to 1⁄16 of a rupee. It was subdivided into four (old) Paisa or twelve pies (thus there were 192 pies in a rupee). When the rupee was decimalised and subdivided into 100 (new) paise, one anna was therefore equivalent to 6.25 paise.

Old Coin Museum Contact Number

How do I find out the value of old coins?

Multiply the weight of the coin by the percentage “fineness” of the coin; (the percentage of the coin that is gold or silver). This will establish how much of the precious metal you have to sell. So multiply the result of the first calculation by the current price of the precious metal in the coin

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Is selling old coins legal?

Yes, you can sell old coins and notes in India and you can do so; even on online websites like eBay etc. However, they can be sold like goods and to people like coin collectors and won’t be legal tender for exchange.

Do old coins have value?

If you have old coins stashed in the house’s piggy bank, they can be turned into a source of income. You can become a millionaire if you have a habit of collecting antique coins or notes. So people frequently maintain antique coins in excellent condition. The value of these coins has skyrocketed in recent years.

What is the value of 1 paisa coin today?

Also, this one paisa coin can give you a value of up to 5 rupees to 100 rupees; depending on coin condition, year, and mintmark.