Hyderabad: Coin Museum inaugurated; free entry from June 8 to 13

The Saifabad Mint, which dates back to 1903 and excelled in producing coins, notes, stamps, and other engineering goods, is a source of pride for the Deccan heritage.

Hyderabad: The Coin Museum at the city’s Mint Compound at Lakdikapul was inaugurated on Tuesday, with the collection displaying a wide range of currency notes, coinage collections, and old handheld tools used to make coins, and other materials like counterweights.

The museum is also being held to commemorate the 75th anniversary of India’s independence, which is being celebrated under the Centre’s ’Azaadi ka Amrit Mohatsav’ banner. It is open daily from June 8 to 13, from 9 am till 5 pm, for the general public (free entry), said government officials.

The Coin Museum in Hyderabad houses a diverse collection of historical coins from various periods, including the Mughal, Asaf Jahi (Nizam), and the British Indian periods.

MS Education Academy

Included in the coin museum was one of the oldest antiquities associated with Hyderabad’s Mint Compound. The stone that was used to make coins in Hyderabad city, where coins were physically produced on this stone with primal equipment is also on display. A photo of workers also shows using tools to produce coins.

The Saifabad Coin Museum was inaugurated by the chairperson and managing director of the Security Printing & Minting Corporation of India Ltd, Tripti Patra Ghosh, in the presence of other government officials, and numismatic enthusiasts.

Dr Rehan Ahamed, a well-known numismatist and the curator at the Mint Museum, Kolkata, was also present at the event as an expert to help visitors understand the exhibition better. He explained the history of coinage in India and the importance of the Saifabad Mint.

Speaking with Siasat.com, Tripti Patra said “With the museum, we are marking the 75th anniversary of independence and hope to educate individuals about the country’s history and future. We want them to learn about the history and how the economy worked in the past. We want our generation/youths to understand how wealthy we were previously and how history works.”

In the coin museum, citizens get an opportunity to discover the history of currencies, from when Indians used grains as currency, to Native copper, meteorites or native iron, gold, silver, lead ingots, and pepper notes as various.

Tripti Patra Ghosh

How the coins were made:

  • For coins, first, melt the metal and examine the weight of the metal.
  • The mental was poured into the moulds.
  • The poured ingots are sheared to a consistent size after cooling.
  • Remove the surface dirt after buffing. The ingots become thinner and tougher during the rolling process.
  • The sheet heady is cut into bars after the rolling process.
  • The final con’s form and thickness are identical to the blank punched from the bar.
  • The blanks are rinsed in spinning drums after punching and then inspected for defects on both sides.
  • The mete hardens during the decision-making process. The cupronickel blanks become too difficult to stamp as a result of this. As a result, the banks are annealed in an inert environment.
process of the coins

In Hyderabad, under the Nizams (1724-1948), who were Mughal-appointed governors, coins were initially minter under their north Indian overlords. Later, after the Mughal empire fully ended after India’s first war of independence in 1857, the Hyderabad state began minting its own coins and currency. Hyderabad was the largest princely state in India then.

The rest of the country, administered by the British crown, produced its own coins and currency. At the Coin Museum, coins based on forms and those manufactured from various metals are also on display in the museum.

A photo of the first rupiya minted in India.

The focus of the exhibit is also on Republic India coinage, Commemorative coinage, and the Minting process, which is demonstrated through a video.

History of the Mint:

The Saifabad Mint, which dates back to 1903 and excelled in producing coins, notes, stamps, and other engineering goods, is a source of pride for the Deccan heritage.

In 1903, the sixth Nizam of Hyderabad, Mir Mahboob Ali Khan (1869-1911), constructed this Mint, which was modelled after European mints. Hyderabad was the only native state in India to be granted currency. The Saifabad Mint was the epicentre of coin minting, with a distinct place in Indian history and a reputation for great calligraphic quality.

History of the Mint

About the Museum:

The Saifabad Mint’s architecture and functionality are known for their structural stability. The entranceways are adorned with ancient gun barrels. The columns are made of steel and have intricate carvings on them. This engineering marvel has become entwined with Deccan life and commerce. It was made possible by the sweat and blood of hundreds of individuals who worked tirelessly. This is the country’s first living Mint Technology Museum, including Old Machines from 1903 in European style that produced the best coins known for their calligraphic quality.

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