New Coins launched by RBI Rs 1000 150 75 and 100

eRumor made by – Internet and social media

Confirmation by – REAL

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1000 rupee coin recently launched by rbi

Ayupp Analysis – It is real news and government of India regularly launches coins of denominations 1000, 150, 100, 75 and 50 rupees coin. These is often done to celebrate the birth anniversaries of famous personalities. For instance Rs 10, 5 and 150 coins were launched to mark the birth anniversaries of Late Jawaharlal Nehru, Motilal Nehru and also to remember the centenary of Mahatma Gandhi’s return from South Africa.

It is to inform readers that Rs 1000 coins attract more customers and often their resale price is more than its actual price. Collectors often agree to pay a fixed amount as much as Rs 5000 for 1000 Rs coin. Same is the case of other coin denominations. Since these coins are rare to find, so people often preserve them.

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About The Author

Chetan Sharma is an Indian fact-checker and news writer, writing news for Ayupp since 2014.

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