Coin Identifier
India 5 Rupees (Cupro-Nickel, Lion Capital type)
5 Rupees

India 5 Rupees (Cupro-Nickel, Lion Capital type)

India · 2003

A thick, gold-tone (due to oxidation/dirt) cupro-nickel coin featuring the Lion Capital of Ashoka and floral patterns.

Country
India
Year
2003
Denomination
5 Rupees
Metal
Cupro-Nickel (75% Copper, 25% Nickel)

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Overview

A thick, gold-tone (due to oxidation/dirt) cupro-nickel coin featuring the Lion Capital of Ashoka and floral patterns.

Historical significance

This ‘chunky’ 5 Rupee coin was a staple of Indian currency from 1992 to 2004. It represents the post-liberalization era of the Indian economy. Due to their high nickel content, many were illegally melted down for razor blades, leading the government to transition to thinner steel coins.

Estimated value

$0.10 - $0.50 circulated; $2.00 - $5.00 in Uncirculated condition.

Care & preservation

Do not clean or polish. Store in a PVC-free coin flip or holder. This coin shows significant oxidation/surface dirt; chemical cleaning will damage the original surface and reduce collector interest.