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1 Rupee - Rajiv Gandhi, Copper-nickel Coin

Republic India Coins1991

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1 Rupee - Rajiv Gandhi, Copper-nickel Coin — Obverse

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Obverse of 1 Rupee - Rajiv Gandhi; mule (1991, Copper-nickel)

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Collector data sheet

Physical specifications

NM-379201

Metal: Copper-nickel
Weight: 6 g
Diameter: 26 mm
Shape: Circular
Edge Type: Plain / unlisted
Reference Catalog No.: NM-379201

Denomination	1 Rupee
Ruler / Issuer	Government of India
Mint	Mumbai / Bombay
Rarity	Very Rare
Estimated Price Range	₹10,000 – ₹50,000
Era	Republic India Coins

Historical orientation

This coin in its time

Dates are contextual and approximate; the highlighted entry is the catalogue issue period.

India context1950

Republic of India

The new republic adopted national emblems and a distinctly Indian coinage identity.

India context1957

Decimalisation

One rupee became 100 naye paise, simplifying the inherited monetary structure.

World context20th–21st century

Modern commemorative coinage

Circulating and collector issues mark national figures, institutions, and milestones.

This specimen1991

This coin’s issue period

Government of India is the catalogue attribution for this specimen.

Overview & History

This 1991 1 Rupee coin was issued as a national commemorative honoring Rajiv Gandhi (1944–1991), the 6th Prime Minister of India, following his assassination in May 1991. The reverse portrays Rajiv Gandhi facing right, flanked by "राजीव गांधी" in Devanagari and "RAJIV GANDHI" in Latin script with his lifespan dates "1944-1991". This specimen is an authentic numismatic Mule variety—a recognized minting anomaly created when the reverse commemorative die was paired with an unintended obverse die standard (such as a smaller Lion Capital die from definitive coinage). Mules are rare, highly sought-after varieties actively documented by Indian Republic coinage specialists.