Since 2005, India issued Rs 5 FSS(Ferritic Stainless Steel) Coins with two different themes. 1. Cross- Unity in Diversity 2. Wave - Communication First theme is rather rare than the second one but coins of second theme are still scarce from certain mints and year. I am presenting the pictures of two such coins of two different mint of the same year. I hope thay you will find them interesting. Description of First Set of Images Mint : Hyderabad(Start Mint Mark Below Year) Metal : FSS Denomination : Rupees 5 Year : 2007 Theme : Wave(Communication) Description of Second Set of Images Mint : Mumbai(Diamond Mint Mark Below Year) Metal : FSS Denomination : Rupees 5 Year : 2007 Theme : Wave(Communication) from Shariq Khan http://coinsindia.info http://coincollectorsofindore.blogspot.com
Is this the usual stainless steel used for coins ? I've read that its less expensive than austenitic ss, the most common.
IIRC correctly the major difference between ferritic and austenitic/martensitic stainless steels is that ferritic steel is ferromagnetic. However, I have no idea which one is most commonly used in coinage.
Hi I dont know the exact diffrence between them but I am quite sure that FSS is inexpensive since coins of Nickle-Copper Alloys replaced by FSS due to the fact that most of the Nickle-Copper Alloy coins melted by jwellers and other people to mould different items including razor blades, jwellery items. Also Rupees 1 and Ruppes 2 coins of India smuggled into the neighbouring country Bangladesh to melting to mould razors and other items. Although FSS very hard and you can see that die impressions are not very good in comparison with earlier Nickle- Copper Coins(Image Below). Last Year India also issued Nickle Brass Rs 5 Coins which are very attractive. You can check them at http://coinsindia.info/ in the last post(left coloumn) from Shariq Khan http://coinsindia.info
Very interesting! Here the Stainless steel 1 Guarani coins (1975-1988) were used to make washers. In 1993 the made some brass plated steel ones, but they really never circulated due the low value. Today the smaller value in circulation is 50 Guaranies, made of Aluminium. But I think the metal value is higher than face value.
Thanks goosen for adding your comments. Coins in India used as jewelery by tribals since long time when they mostly made up of Gold, Silver and Copper. But now a days as I have mentioned earlier the cost of coin metal become higher than that of face value in few years and hence they disappeared from general circulation. Now a days in India from small shop keepers to big shopping malls started giving items like candies. toffees in lieu of one or two rupee with the excuse of coin shortage, in-spite of the fact that Indian Mints stuck crores of coins every year for day to day circulation. from Shariq Khan http://coinsindia.info
Exactly the same thing happens here with 50 Guaranies coins! The supermarket gives you candies. Another problem is the "rounding". Because the prices are for example, 1.375 Gs. and that's is usually charged as 1.400 Gs. The best way to avoid the problem is to pay with credit card.
One more coin from the same theme but year is 2008 Mint : Mumbai Theme : Wave(Communication) Metal : FSS Year 2008
