NRB issues silver Medallion coins

September 24, 2023
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Nepal Rastra Bank (NRB), Mint Division has introduced silver Medallion coins featuring the image of a ‘cow’. NRB governor Maha Prasad Adhikari released the coins amidst a programe at the Division office in Babarmahal today.

The Medallion coins are available in two different weights: 10 grams and 25 grams. The rate of the 10-gm coin is Rs 1,600 and it is Rs 4,000 per coin of 25 grams.

According to the Division, the Medallion coins were minted from the bank’s silver stock with a purity of 999. These coins do not feature a specified face value and such coin is called the Medallion. The NRB Board of Directors on June 2 decided to mint the coins and bring them into circulation.