COIN-NANAYAM

Dear friends,

Yesterday in aresponse from Mr V Sridharan, Trichy there was reference to coin. 
For a Longerperiod I was thinking on writing about coins. 

In the telecomdepartment, a procedure called COINING is there in the 
engineering side.  Lower level staff report to higher level anddiscuss things 
in the morning. I searched a lot in Google, how the word coiningcame, I could 
not find out.  

In Malayalam thereis a usage- Nanayamillathamanushyan-A person who is not 
having integrity.

It is a practice inmost famous temples in Kerala to give coin to devotee on 
auspicious days likeVishu or Malayalam New Year day. Devotees  keep it sacred. 

During housewarming etc., the sasthrikal keep a few coins in the homam, and 
take it onfinishing and give to Kartha with instructions to keep safely 
forauspiciousness of home. 

About three yearsback I had been to Pudukkottai in Tamilnadu. Every occasion 
the king used tooffer arakkasuto deity Brahadampal in the temple before 
starting any new work. So she is alsocalled Arakasamman. I could get an 
arakkasu from there which is auspicious bypaying Rupees 50-00 from the temple 
vault on receipt. It is a very small coppercoin. King’s palace is the 
Pudukkottai collectorate now. I was junior engineerthere during 1979’s. At that 
time it was occupied by the king’s family members.

Gold coins areavailable from jewellery shops with varying weight as we require. 
A few yearsalong all leading banks used to sell gold coins in India. It was 
sold on themarket date of the day. Most keep at least two or three gold coins 
at home andkeep for Vishukkani. 

With thisintroduction I start my write up on coins today. 

Sincerely,

Gopala Krishnan30-8-21.

1 Definition of coins

A coin is a small,flat, (usually, depending on the country or value) round 
piece of metal orplastic used primarily as a medium of exchange or legal 
tender. ... Coins areusually metal or an alloy, or sometimes made of manmade 
materials. 

2 Verb- Coin

The verb coin literallyrefers to making coins, the change you probably have in 
your pocket. The wordcan be used in a broader sense — creating something new, 
usually somethingrelated to language. For example, you could coin a phrase or a 
new word for“joke.” 

3 The Oldest Coin in the World

According todifferent scholars, the Lydianstater is considered the world's 
oldest coin still around. Made of a mixof gold and silver called electrum, 
these early coins were minted around 600BCE in the kingdom of Lydia in the 
modern country of Turkey. 

4 1794 Flowing Hair Silver Dollar

1. The 1794 FlowingHair Silver Dollar. The 1794 Flowing Hair Silver Dollar may 
sit atop therankings of the most expensive coin ever sold, at least for now.

The 2020-W quartersare being released from the West Point Mint and can be found 
only incirculation! The Beautiful Quarters honor various landmarks and 
historicalsites in each of the 50 states, the District of Columbia, and the 
nationalterritories. 


5 What makes a coin rare?

Rare variations anderrors make coins extremely valuable just because they are 
unique and there areso few of them (again the principle of scarcity). 

Rare variationscould be limited edition coins that are made to commemorate an 
event or person,or a difference in the mint mark or design in a particular year.

6 Mint condition coins

Mint conditioncoins or uncirculated coins are usually graded between 65 and 70 
and areconsidered very desirable to most collectors. 

Auction records arealmost always held by uncirculated coins, but when it comes 
to rare coins,lower grade coins are also worth many times more than face value. 

These rare coinsfrom around the world, all minted since 1995, are worth 
checking in your pocketchange. Because they are worth some serious coin. 

7. Lakshmi pooja

Many women usesilver coins for Lakshmi pooja. These are small thin coins, with 
images ofLakshmi, sold from jewellery shops.

8. Rangoli and coins

Many draw Rangoliand keep same type of coins and worship in the pooja room. The 
coins can be thesame size one rupee coins- Need not be silver coins. 

9. Keeping coins

Many keep smallvalue coins to put in hundi in temples. As alms higher value 
coins are givennow a days. Many keep coins in front of Lord Vinayaka and 
worship before commencingany journey. Coins are tied to yellow cloth and kept 
on prayer to Kuladeivam onspecific occasions. 

In our local templesmall denomination   coins can be obtained for the value 
plus apremium amount since it is from the temple. 

10 Please tender change

In city buses suchdisplay can be seen. Except in the early morning most 
conductors might havesufficient change. If at all we take coins from bag, 
conductor would say, notnecessary. In fact in evening trips they are very 
pleased to give changes for Rs 100-00, 200etc. 

11. Coins from Banks

During the time ofwithdrawl of 1000 rupee currency and 500 rupee currency from 
circulation duringNovember 2016 many banks issued coins kept as imprest for the 
value of currencygiven. 

Most banks givecoins as packs if available with them. Viz- 10 rupee coins in a 
pack containing100 numbers as change for Rs 1000-00. 

Smaller changes aregiven from the customers deposit if and are given lavishly, 
if available withthem.

12. Hotels and coins

There are suppliersof coins to hotels for their requirement of coins. These 
suppliers collect fromdifferent sources like street merchants. Hotels give them 
Tiffin or somepremium amount. 

13. Hundiyal coins

In most homes thecoins put in hundiyal are taken and currency kept in it’s 
place. They arewashed in soap water and again used. So not much scarcity is 
felt for coins inthe homes. 

14. Availability of fresh currency.

Medium nationalisedbanks may have fresh currency. If we ask they give as 
bundles and not forsmaller value. For smaller value we may get change, remitted 
by othercustomers. Probably for ease of counting they do so. 

15. Special type of coins

It is a habit withmany to keep glittering coins, coins of special shapes mostly 
issued in memoriesof famous people, national leaders etc. 

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