Home Fashion A brand new Mint Museum showcases historical past, expertise of cash and...

A brand new Mint Museum showcases historical past, expertise of cash and forex

Did you know that the world’s largest gold coin weighing 11 kg was minted in India and got here to be with the Nizams of Hyderabad?

For individuals who are desirous about figuring out such details or expertise pertaining to the evolution of cash and forex, here’s a likelihood to go to the brand new Saifabad Mint Museum in Hyderabad which opened to the general public on Wednesday.

It presents an thrilling journey via the world of cash and forex to the guests with historic details and the vintage tools used within the mining world a couple of century in the past. The cash and forex used within the nation since independence which at the moment are out of date are additionally on show. 

Guests who thronged the museum on day one of many opening mentioned it was a “spectacle of the historical past of cash”.

Historical past and reveals

The Saifabad Mint Museum has been arrange by the Safety Printing and Minting Company of India Ltd (SPMCIL) as a part of ‘Azadi Ka Amrit Mohostav’ in a mint facility which was deserted in Nineteen Nineties. 

A girl wanting on the reveals after the inauguration of the Coin Museum as part of Azadi Ka Amrit Mahotsav at Mint Compound in Hyderabad. (NAGARA GOPAL/The Hindu)

The museum remembers the historical past of coinage and forex of Nizam Mir Akbar Ali Khan Sikander Jha who commenced minting his cash in 1803. 

The reveals within the museum embody cash and forex issued by the Hyderabad state and the tools that was used within the course of together with enormous guide steadiness, weights and measures. 

Different particular sights embody the replicas of the world’s largest 1,000 tolas Mughal gold coin Muhr issued by Emperor Jahangir within the seventeenth Century and the famed silver Rupee issued by the ruler of Delhi Sher Shah Suri within the sixteenth century.

Chairman and Managing Director The Safety Printing and Minting Company of India Ltd (SPMCIL) Tripti Patra Ghosh together with others wanting on the reveals after the inauguration of the Coin Museum in Hyderabad. (NAGARA GOPAL/The Hindu)

The gold coin of Jahagir was gifted to the forefathers of Nizam Ul Mulk Asaf Jah, the primary Nizam who based the Hyderabad state in 1724 AD. 

One may also know the way forex and cash from the submerged ships had been extracted and preserved. 

“Details such because the organising of first fashionable mint in Mumbai (then Bombay) in 1672 by Governor Aungier of East India firm are fairly fascinating. It’s also superb to know of the 1,000 tola gold coin,’‘ mentioned N Ramesh, a B Tech pupil who came visiting the museum.

Revealed on

June 09, 2022

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