When you last time saw these types of 1 rupee coins with 2 corn strives? Maybe some of these coins are still you can find in markets but these are rarely seen now. These steel 1 Rs steel coins with 2 corn strives are last minted in 2004 after that design of those coins are changed to thumb design coins.
So Do you also have such one rupee stainless steel coins released between 1992 to 2004? If yes, those coins also may be valuable for you and can give you a good amount if you collect them. If you want to know the detailed information about 1 Rupee coin value in today’s time then you are on the correct page. Rs 1 Steel coins were released in 1992 for the first time in the definitive series. Earlier minted 1 Rs coins were made of copper-nickel from 1975 to 1991. This copper-nickel old coin was mintage till 1991. In 1991 the government introduced the new ferritic stainless steel in 1992.
You need to know as the value of a coin is decreased in the market because of inflation. So the government always keeps changing the metals, size, and weight of the coins to make them affordable to mint.
These newly introduced coins from 1992 to 2004 were almost the same as the design of previous coins with minor changes. Most of these coins are minted in 4 Indian mints – Mumbai, Kolkata, Hyderabad, and Noida. (Mint Marks- ). But some of them are minted from foreign mints. So those mint marks are different from Indian Mint marks.
1 Rupee Coin 1992-2004 Design
Corn strives on one side with Rupee in Hindi and English. The bottom side minting year and mintmark are present. The other side of the coin has Ashoka loin capital with SatyaMev Jayate, Bharat, and India written. The coin came 4.85g in weight. Minted with stainless steel metal. The diameter of the coin is 25mm in size and the thickness is 1.4 mm.
Now let’s talk about whether these coins are rare or not.
Most of these Rs 1 coins are common and minted in large quantities. But if you deeply know about them then you can find rare coins in those also. These 1 Rs coins are in circulation for a long time still these coins can be seen in the market easily.
Some of those coins come with some errors. As rotation error, cutting error, and OMS (off-metal strike).
Recently some of those error coins are also sold at a high price.
Some of the examples of errors are below with prices.
Check out the full price list from 1992 to 2004 with mint wise below for the all details.
1 Rupee Coin 1992-2004 Price List
Mint Mark – (Bombay = ♦️) (Hyderabad = ★) (Calcutta = No Mark) (Noida = ⚫)
| Year | Fine to UNC (Value) ₹ |
|---|---|
| 1992 Bombay & Hyderabad | ₹5 to ₹40 |
| 1993 Bombay, Hyderabad & Noida | ₹5 to ₹40 |
| 1994 Bombay, Hyderabad, Noida & Calcutta | ₹5 to ₹40 |
| 1995 Bombay, Hyderabad, Noida & Calcutta | ₹5 to ₹40 |
| 1996 Bombay, Hyderabad, Noida & Calcutta | ₹5 to ₹40 |
| 1997 Bombay, Hyderabad, Noida & Calcutta | ₹5 to ₹40 |
| 1998 Bombay, Hyderabad, Noida & Calcutta | ₹5 to ₹25 |
| 1999 Bombay, Hyderabad, Noida & Calcutta | ₹5 to ₹25 |
| 2000 Bombay, Hyderabad, Noida & Calcutta | ₹5 to ₹25 |
| 2001 Bombay, Hyderabad, Noida & Calcutta | ₹5 to ₹25 |
| 2002 Bombay, Hyderabad, Noida & Calcutta | ₹5 to ₹25 |
| 2003 Bombay, Hyderabad, Noida & Calcutta | ₹5 to ₹25 |
| 2004 Bombay, Hyderabad, Noida & Calcutta | ₹5 to ₹25 |