KARACHI: As authorised by the federal government on July 17, the State Bank of Pakistan will issue the Rs10 coin on Oct 24 from all exchange counters of field offices of the SBP’s services corporation.

The yellow-coloured coin is round with serrations on its edge. It weighs 5.50 grams and is 25.5mm in diameter.

The obverse side of the coin has a waxing crescent moon. A five-pointed star facing northwest in a rising position is at the centre of the coin.

On top of the crescent star along the periphery, Islami Jamhooria Pakistan is inscribed in Urdu. Below the crescent, and on top of the two sprigs of wheat with arms curved upwards, there is the year of issuance. A circle of small beads can also be seen along the coin’s edge.

The reverse side of the coin is decorated with the front-side picture of Faisal Mosque with doves flying over it.

The face value of the coin in the numeral ‘10’ in bold letters and Rs10 in Urdu are inscribed on the lower side of the coin. A circle of small beads is also along the coin’s edge.

Talking to Dawn, renowned collector Rafique Kasbati said that it would be the first time in the history of the country that the government would issue the Rs10 coin though it had issued commemorative ones several times on different historic occasions.

“Last time they issued the Rs10 commemorative coin in October 2009 to express solidarity and unity with the Peoples Republic of China on its 60th anniversary,” he said.

“Similarly it was also issued on the first death anniversary of Benazir Bhutto, in 2003 on the 110th birth anniversary of Mohtarma Fatima Jinnah and in August 1998 to mark the silver jubilee of Pakistan’s Senate.”

Published in Dawn October 23rd, 2016

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

High troop losses
Updated 24 Dec, 2024

High troop losses

Continuing terror attacks show that our counterterrorism measures need a revamp. Localised IBOs appear to be a sound and available option.
Energy conundrum
24 Dec, 2024

Energy conundrum

THE onset of cold weather in the country has brought with it a familiar woe: a severe shortage of piped gas for...
Positive cricket change
24 Dec, 2024

Positive cricket change

HEADING into their Champions Trophy title defence, Pakistan are hitting the right notes. Mohammad Rizwan’s charges...
Internet restrictions
Updated 23 Dec, 2024

Internet restrictions

Notion that Pakistan enjoys unprecedented freedom of expression difficult to reconcile with the reality of restrictions.
Bangladesh reset
23 Dec, 2024

Bangladesh reset

THE vibes were positive during Prime Minister Shehbaz Sharif’s recent meeting with Bangladesh interim leader Dr...
Leaving home
23 Dec, 2024

Leaving home

FROM asylum seekers to economic migrants, the continuing exodus from Pakistan shows mass disillusionment with the...