India Government Mint, Hyderabad

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India Government Mint, Hyderabad
PredecessorRoyal Mint
(Mint of Nizam)
Formation1803;221 years ago (1803)
Founder Nizam of Hyderabad
Founded atSultan Sahi, Moghalpura, Hyderabad, India
Merger of Nizam of Hyderabad's mint
Type Public sector undertaking
Legal status Mint
PurposeTo mint coins.
Headquarters Janpath, Delhi, India
Location
Coordinates 17°28′23″N78°36′13″E / 17.47306°N 78.60361°E / 17.47306; 78.60361 [1]
Key people
VNR Nayudu
(Chief General Manager)
Parent organization
SPMCIL
Subsidiaries None
Website igmhyderabad.spmcil.com
Formerly called
Royal Mint

India Government Mint, Hyderabad is one of the four mints in India. Based in Cherlapally, Secunderabad (twin city of Hyderabad) in the Indian state of Telangana, the mint was originally established in 1803 AD as the Royal Mint to serve as the mint for the Nizam of Hyderabad. The mint was founded by Mir Akbar Ali Khan Sikander Jah, Asaf Jah III and was originally situated at Sultan Sahi in Moghalpura suburb of Hyderabad city. In 1950, the mint was taken over by the Government of India, and in 1997 it was shifted to its present location at Cherlapally in Secunderabad. Indian 1, 2, 5 and 10 rupee coins are produced in this mint. [2] [3]

Contents

History

Till early 19th century, mints were privately operated by wealthy businessmen (Sahus, Jagirdars and Omaras) in India. Licenses for minting coins were obtained by paying fees to the exchequer. The mints used to produce coins with the name of Emperor in Delhi. FIDVI, QITAAB (title) and lettering "Yar-E-Wafadar" (trusted follower) were added to the coins. [4]

1803–1858

India Government Mint, Hyderabad was established in 1803 AD by Mir Akbar Ali Khan Sikander Jah, Asaf Jah III as a private mint and along with other private mints in the country. The mint produced Indian coins in the name of Emperor of India. Initially the mint was situated at Sultan Sahi in Moghalpura suburb of the Hyderabad city. The dies were made of steel but the private mints did not have a master die. The dies hence differed in size, production of coins was crude with only partial inscription appearing on coins frequently. [4]

1858–1903

With the end of the Mughal empire in 1858 AD, all private mints (except Hyderabad, Kolkata and Mumbai) were abolished. Coins produced thereafter ceased to carry the name of Emperor of India. Instead, coins produced in the Hyderabad Royal Mint were inscribed with name of the dynasty, initials of Nizam of Hyderabad and the numeral 92 (of Islamic religious significance; represents sum of symbolic numbers of the letters in Prophets and messengers in Islam). These coins were called Halli Sicca coins (current coins). In 1985 AD, use of machinery was introduced in coin making and the machine made coins were called "Charkhi coins" (Charkhi means "wheel" in Hindi). [4]

1903–1950

On 13 July 1903, a new mint was established in Saifabad, Hyderabad and the operations were shifted to the new location. In 1950, post "Federal Financial Integration", the mint was over-taken by the Government of India. [2]

1950–1997

The Hyderabad mint operated in Saifabad from 1950 to 1997. On 20 August 1997, the mint was shifted to its present location at Cherlapally in the city of Secunderabad, India. The facility was established with annual production capacity of 700 million coins and 950 million planchets. [2]

1997 – present

India Government Mint in Hyderabad has been operating at the same location since 1997. As a result of the corporatisation, from 13 January 2006 the mint is functioning as one of the units of the Security Printing & Minting Corporation of India Limited (SPMCIL). [2] [4] [5]

Organization

Since 13 January 2006, the India Government Mint, Hyderabad functions as one of the units of the "Security Printing & Minting Corporation of India Limited". The mint is headed by a "general manager". [6]

Mint mark

Coins minted at the India Government Mint, Hyderabad carries the mint mark of a five-pointed star (*), symbolising that the coin was produced in the Hyderabad mint. [7]

Production

The India Government Mint in Hyderabad was planned with an estimated annual production capacity of annual production capacity of 700 million coins and 950 million planchets. Indian rupee coins (1, 2, 5 & 10) are produced in this mint. [2]

Related Research Articles

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Hyderabad State was an independent monarchy/princely state located in the south-central Deccan region of Indian Subcontinent with its capital at the city of Hyderabad. It is now divided into the present-day state of Telangana, the Kalyana-Karnataka region of Karnataka, and the Marathwada region of Maharashtra in India.

<span class="mw-page-title-main">Nizam-ul-Mulk, Asaf Jah I</span> 18th-century Nizam of Hyderabad

Mir Qamar-ud-din Khan Siddiqi also known as Chin Qilich Qamaruddin Khan, Nizam-ul-Mulk, Asaf Jah and Nizam I, was the first Nizam of Hyderabad. He was married to the daughter of a Syed nobleman of Gulbarga. He began his career as a favourite of the Mughal emperor Aurangzeb, who made him a general. Following the death of Aurangzeb in 1707, Asaf Jah refused to favour any one of Aurangzeb's warring sons and as such remained neutral. When Aurangzeb's third son Bahadur Shah ultimately emerged victorious, Asaf Jah was rotated as governor of multiple Mughal provinces until 1714, when he was created Viceroy of the Deccan with authority over six Mughal provinces in southern India from 1714 to 1719. From 1719 onwards he was involved in combating the intrigues of the Sayyid Brothers. From 1720 to 1722 he helped the new Mughal emperor Muhammad Shah eliminate the Sayyed brothers and was rewarded by being elevated to the grand viziership from 1722 to 1724.

<span class="mw-page-title-main">Muhammad Shah</span> Mughal emperor from 1719 to 1748

Mirza Nasir-ud-Din Muḥammad Shah was the thirteenth Mughal emperor from 1719 to 1748. He was son of Khujista Akhtar, the fourth son of Bahadur Shah I. After being chosen by the Sayyid Brothers of Barha, he ascended the throne at the young age of 16, under their strict supervision.

<span class="mw-page-title-main">Nizam of Hyderabad</span> Historic monarch of the Hyderabad State of India

Nizam of Hyderabad was the title of the ruler of Hyderabad State. Nizam is a shortened form of Niẓām ul-Mulk, which means Administrator of the Realm, and was the title bestowed upon Asaf Jah I when he was appointed Viceroy of the Deccan by the Mughal Emperor Farrukhsiyar. In addition to being the Mughal Viceroy (Naib) of the Deccan, Asaf Jah I was also the premier courtier of the Mughal Empire until 1724, when he established the independent monarchy of Hyderabad and adopted the title "Nizam of Hyderabad".

<span class="mw-page-title-main">Secunderabad</span> Place in Telangana, India

Secunderabad, also spelled as Sikandarabad, is a twin city of Hyderabad and one of the six zones of the Greater Hyderabad Municipal Corporation (GHMC) in the Indian state of Telangana. It is the headquarters of the South Central Railway zone. Named after the Mir Akbar Ali Khan Sikander Jah, Asaf Jah III, Nizam of the Asaf Jahi dynasty, Secunderabad was established in 1806 as a British cantonment. Although both the cities are together referred to as the twin cities, Hyderabad and Secunderabad have different histories and cultures, with Secunderabad having developed directly under British rule until 1948, and Hyderabad as the capital of the Nizams' princely state of Hyderabad. Since 1956, the city has housed the Rashtrapati Nilayam, the winter office of the president of India.

<span class="mw-page-title-main">Mahboob Ali Khan</span> Sipah Salar, Fath Jang, Nizam of Hyderabad, GCB, GCSI

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<span class="mw-page-title-main">Mir Osman Ali Khan</span> Last and 10th Nizam of Hyderabad, 1911–1948

Mir Osman Ali Khan, Asaf Jah VII was the last Nizam (ruler) of the Princely State of Kingdom of Hyderabad, the largest state in British India. He ascended the throne on 29 August 1911, at the age of 25 and ruled the Kingdom of Hyderabad between 1911 and 1948, until India annexed it. He was styled as His Exalted Highness (H.E.H) the Nizam of Hyderabad, and was widely considered one of the world's wealthiest people of all time. With some estimates placing his wealth at 2% of U.S. GDP, his portrait was on the cover of Time magazine in 1937. As a semi-autonomous monarch, he had his mint, printing his currency, the Hyderabadi rupee, and had a private treasury that was said to contain £100 million in gold and silver bullion, and a further £400 million of jewels. The major source of his wealth was the Golconda mines, the only supplier of diamonds in the world at that time. Among them was the Jacob Diamond, valued at some £50 million, and used by the Nizam as a paperweight.

<span class="mw-page-title-main">Purani Haveli</span> Royal Palace in Telangana, India

Purani Haveli, also known as Masarrat Mahal palace, is a palace located in Hyderabad, Telangana, India. It was the official residence of the Nizam. It was also known as Haveli Khadeem, which means old mansion, was constructed for Sikander Jah, Asaf Jah III (1803–1829) by his father Ali Khan Bahadur, Asaf Jah II.

<span class="mw-page-title-main">Sikander Jah, Asaf Jah III</span> 6th Nizam of Hyderabad State, member of the Asaf Jahi Dynasty

Sikander Jah, Asaf Jah III, was the 6th Nizam of Hyderabad, India from 1803 to 1829. He was born in Chowmahalla Palace in the Khilwath, the second son of Asaf Jah II and Tahniat un-nisa Begum.

<span class="mw-page-title-main">Afzal-ud-Daulah</span> 8th Nizam of Hyderabad, India, from 1857 to 1869

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<span class="mw-page-title-main">Mir Turab Ali Khan, Salar Jung I</span> Prime Minister of Hyderabad (1829–1883)

Sir Mir Turab Ali Khan, Salar Jung I,, known simply as Salar Jung I, was an Indian nobleman who served as Prime Minister of Hyderabad State between 1853 until his death in 1883. He also served as regent for the sixth Nizam, Asaf Jah VI between 1869 and 1883.

<span class="mw-page-title-main">Asaf Jahi dynasty</span> Muslim dynasty that ruled the Kingdom of Hyderabad from 1734 to 1948

The Asaf Jahi was a Muslim dynasty that ruled the Hyderabad State. The family came to India in the late 17th century and became employees of the Mughal Empire. They were great patrons of Persian culture, language, and literature, and the family found ready patronage.

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References

  1. "Coordinates". latlong.net. Archived from the original on 7 August 2017. Retrieved 9 January 2017.
  2. 1 2 3 4 5 "Profile". Official website. Retrieved 9 January 2017.
  3. "Coins". Reserve Bank of India. Retrieved 9 January 2017.
  4. 1 2 3 4 "History". Official website. Retrieved 9 January 2017.
  5. "Corporatization". Official website. Archived from the original on 5 October 2018. Retrieved 9 January 2017.
  6. "Organization Structure". Official website. Retrieved 9 January 2017.
  7. "Mint mark". numista. Retrieved 9 January 2017.