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INDIAN RUPEE CURRENCY DESIGN

REDEFINING WEALTH DEFINING A SYSTEM TO PORTRAY THE WEALTH OF THE NATION IN TERMS OF IT’S RESOURCES, DEVELOPMENT AND PROGRESS

RUPAYA S T UDY OF T HE RUPEE COINS A ND DE SIGN FOR BE T T ER F UNCT ION A L I T Y A ND US A BIL I T Y


WEALTH IS THE PRODUCT OF MAN’S CAPACITY TO THINK -AYN RAND


REDEFINING WEALTH RUPEES


REDEFINING WEALTH RUPEES

RESEARCH

The Indian rupee is the official currency of the Republic of India. The modern rupee is subdivided into 100 paise though this division is now theoretical. Coins of the rupee are available in 1, 2, 5 and 10. Paise coins of the rupee have nominal values of 50, and lower denominations have been officially withdrawn since 2011. The first “rupee” is believed to have been introduced by Sher Shah Suri (1486–1545), based on a ratio of 40 copper pieces (paisa) per rupee. Historically, the rupee, derived from the Sanskrit word rupaya (meaning silver), was a silver coin. Money is merely an object or record of payment, while wealth is the abundance of valuable resources. Economists define wealth as anything of value. Through this project, it is important to define a system and portray the wealth of the nation in terms of it’s resources, development and progress over a certain period of time.

ANALYSIS

The analysis of the coins covers the current problem with the design of the coins, inconsistency in form and function, defining of a system within the coin designs and within understanding of shape, size and material of each coin. Analyzing the system leads to defining the new wealth of the nation and that in turn defines the design of each coin. An intensive study of the coins and a system will justify the requirement of a re-design for the system.


REDEFINING WEALTH RUPEES

EARLIER COINS

50 p

50 p. is the lowest denomination coin of India. It is equivalent to half a rupee. The coin has been through a lot of changes over the past few decades.

1

The Re. 1 Coin once was the highest denomination coin of India. Due to inflation over the years, it has become the lowest rupee denomination coin.


REDEFINING WEALTH RUPEES

2

The Rs. 2 Coin is the second coin in the Rupee system in India. It was introduced after the late 60’s. It has always remained hendecagonal until recent years.

5

The Rs. 5 Coin is a newer age coin of India. It was a heavy coin that could be easily differentiated from the others. In recent years, it’s weight has been reduced.

10

The Rs. 10 Coin is a newer age coin of India. It is the largest value coin as of today and the only coin which is produced with two different metals.


REDEFINING WEALTH RUPEES

CURRENT PROBLEMS - Inconsistency in design - Constant change in shape, size and weight - Raises issues with the visually impaired - No differentiation in all value coins

SYSTEM There are 2 types of coins: General & Commemorative. The general coin has a basic theme that defines the true value and wealth of the nation. The commemorative coins are of three kinds dedicated to: - An Idealistic persona - A Cause - A Event


REDEFINING WEALTH RUPEES

SIDES OF A COIN The two main parts of a coin are it’s form and it’s function

Size & Shape Border Theme & Information


REDEFINING WEALTH RUPEES


REDEFINING WEALTH RUPEES


REDEFINING WEALTH RUPEES

A NEW SYSTEM

India has constantly been making progress in fields of science, arts and technology. The people have become the true soul of the country. The people and its nation become a community- a bonding agent that comes together, irrespective of religion, caste and sex, and works collectively towards the progress of the nation. The efforts of the people and the community is the direction the nation takes. It is the driving force and a path that the nation follows. The people, and their actions towards the greater good is what defines the shape of the nation, it’s integrity and it’s establishment. From Mahatma Gandhi to Anna Hazare, everyone’s efforts towards India have shaped it as a country. We have made constant progress in the past few decades and this progress has been recognized world-wide. The true wealth of the nation is it’s people, the actions they take that drive towards a progressive nation. This progress is empowered by the culture, the traditions and the rich historical background of India. Let the coins define and recognize these two assets- the people and their actions that lead to a bigger asset- a progressive nation.


REDEFINING WEALTH RUPEES

THE COMMUNITY

THE ACTIONS

A PROGRESSIVE NATION


REDEFINING WEALTH RUPEES

THE SYSTEM

50 p.

Shape: Circular Size: 22 mm; 1 mm thickness Weight: 3.5 grams Material: Ferritic Stainless Steel


REDEFINING WEALTH RUPEES


REDEFINING WEALTH RUPEES

THE SYSTEM

1

Shape: Circular Size: 28 mm; 1 mm thickness Weight: 4 grams Material: Ferritic Stainless Steel


REDEFINING WEALTH RUPEES


REDEFINING WEALTH RUPEES

THE SYSTEM

2

Shape: Hendecagon Size: 28 mm; 1.5 mm thickness Weight: 5 grams Material: Ferritic Stainless Steel


REDEFINING WEALTH RUPEES


REDEFINING WEALTH RUPEES

THE SYSTEM

5

Shape: Circular Size: 23 mm; 4 mm thickness Weight: 6 grams Material: Ferritic Stainless Steel


REDEFINING WEALTH RUPEES


REDEFINING WEALTH RUPEES

THE SYSTEM

10

Shape: Circular Size: 30 mm; 4 mm thickness Weight: 8 grams Material: Nickel-Bronze and Ferritic Stainless Steel


REDEFINING WEALTH RUPEES


REDEFINING WEALTH RUPEES

WHY COINS?

- The word ‘Rupee’ comes from the Sanskrit word ‘Rupaya’ which means a stamped or impressed coin - The Government of India is promoting the use of coins and circulation of coins within the country. - Coins are collector’s items, and they have a huge value than paper money - Paper money can easily rip, get soiled and lose it value if it gets wet in water. On the other hand, coins have a larger life span. - It is cost-effective to produce coins than paper money - In a country like India, a lot of business (local buses, street food vendors, vegetable markets etc) run on cash money instead of debit and credit cards. There is a need for change and cash payments in such places, where coins become a convenient money medium since manufacturing of paper notes for lower denominations has been discontinued for a really long time.


REDEFINING WEALTH RUPEES

WHY FERRITIC STAINLESS STEEL & NICKEL-BRONZE?

Ferritic Stainless steel is an alloy of steel with 11% chromium. It is resistance, not only to stains, but to corrosion as well. The Chromium forms a layer of chromium oxide which protects it from corroding easily. It is lustrous and it can undergo ‘passivation’, which means it is less affected by water, air and other environmental conditions. That adds to the life span of a coin. With this kind steel, producing rapid prototypes is possible, since it can be powdered also know as ‘sintering’. It has low carbon level, is ductile, magnetic which makes it’s fabrication easy. It is aesthetically pleasing because of it’s bright finish. Ferritic Stainless Steelis 100% recyclable. Nickel-bronzes are most valued for their higher strength and corrosion resistance as compared to other bronze alloys. These alloys are tarnish resistant and show low rates of corrosion in atmospheric conditions, low oxidation rates at high temperatures, and low reactivity with sulfurous compounds and other exhaust products of combustion. They are also resistant to corrosion in sea water. Nickel-bronzes’ resistance to corrosion rests in the aluminium component of the alloys, which reacts with atmospheric oxygen to form a thin, tough surface layer of alumina which acts as a barrier to corrosion of the copper-rich alloy. The addition of tin can improve corrosion resistance. Another notable property of nickelbronzes are their bio-static effects. The copper component of the alloy prevents colonization by marine organisms including algae, lichens, barnacles, and mussels, and therefore can be preferable to other materials. However, Nickel-bronze is more expensive than stainless steel.


REDEFINING WEALTH RUPEES

ACTUAL SIZE


REDEFINING WEALTH RUPEES


WEALTH IS NOT A MATTER OF INTELLIGENCE IT’S A MATTER OF INSPIRATION -JIM ROHN


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