COIN PRICE GUIDE — SECTION 7
REPUBLIC INDIA COMMEMORATIVE AND PROOF SETS
Approximate Market Values for Indian Collectors
Compiled by AINCERT
All India Numismatics Council of Educational Research and Training
Website: sites.google.com/view/aincert
Email: ujjwalbup@gmail.com
"Don't talk about money, talk about history."
IMPORTANT NOTICE
All prices listed in this guide are approximate market values based on recent auction results from Marudhar Arts, Classical Numismatic Gallery and Numista data. Actual prices vary significantly depending on grade, rarity, mint, provenance and current market conditions. AINCERT recommends using the PF-ARCHIER Scale to grade any proof coin before buying or selling. These prices are for reference only. Prices are listed in Indian Rupees.
EARLY PROOF SETS
1964 to 1980 AD
Proof Set 1964, first Republic India proof set, complete. PF-ARCHIER EF to AU condition: Rs. 8,000 to Rs. 20,000. PF-ARCHIER MS condition: Rs. 20,000 to Rs. 50,000.
Proof Set 1969 Gandhi Centenary, complete with all denominations. PF-ARCHIER EF to AU condition: Rs. 5,000 to Rs. 12,000. PF-ARCHIER MS condition: Rs. 12,000 to Rs. 30,000.
Proof Set 1972 Independence Silver Jubilee, complete. PF-ARCHIER EF to AU condition: Rs. 4,000 to Rs. 10,000. PF-ARCHIER MS condition: Rs. 10,000 to Rs. 25,000.
Proof Set 1973 Grow More Food, nine coin set. PF-ARCHIER EF to AU condition: Rs. 6,000 to Rs. 15,000. PF-ARCHIER MS condition: Rs. 15,000 to Rs. 40,000.
Proof Set 1975, complete. PF-ARCHIER EF to AU condition: Rs. 3,000 to Rs. 8,000. PF-ARCHIER MS condition: Rs. 8,000 to Rs. 20,000.
INDIRA GANDHI COMMEMORATIVE
1985 AD
Proof Set 1985 Indira Gandhi Memorial, complete. PF-ARCHIER EF to AU condition: Rs. 8,000 to Rs. 20,000. PF-ARCHIER MS condition: Rs. 20,000 to Rs. 50,000.
FIRST STRIKE AND VIP SETS
1990 to 2000 AD
First Strike VIP UNC Set 1996, complete original packaging. PF-ARCHIER MS condition: Rs. 50,000 to Rs. 1,00,000. Sealed original: Rs. 80,000 to Rs. 1,50,000.
VIP Proof Sets, any year 1990 to 2000, complete original packaging. PF-ARCHIER MS condition: Rs. 15,000 to Rs. 40,000.
UNC Sets, Government of India Mint issue, any year 1990 to 2000. Fine to Very Fine condition: Rs. 500 to Rs. 1,500. Uncirculated complete: Rs. 1,500 to Rs. 4,000.
EXPERIMENTAL AND SPECIAL ISSUES
E.X.P.T. One Rupee 2010, NGS MS-66, experimental issue. Market value: Rs. 5,000 to Rs. 15,000. NGS graded MS-66: Rs. 15,000 to Rs. 40,000.
Experimental issues, any denomination, any year, ungraded. Fine condition: Rs. 2,000 to Rs. 5,000. Very Fine to EF condition: Rs. 5,000 to Rs. 15,000.
BISN CO. SILVER MEDAL
100th Anniversary
BISN Co. Silver Medal, 100th Anniversary commemorative. Fine condition: Rs. 8,000 to Rs. 20,000. Very Fine condition: Rs. 20,000 to Rs. 50,000.
GANGA SINGH GOLDEN JUBILEE MEDAL
Ganga Singh Golden Jubilee Medal, complete. Fine condition: Rs. 12,000 to Rs. 30,000. Very Fine condition: Rs. 30,000 to Rs. 80,000.
MODERN SILVER PROOF COINS
2000 to 2020 AD
Silver Proof Coin, Rs. 100 denomination, any commemorative theme. PF-ARCHIER MS sealed: Rs. 3,000 to Rs. 8,000. PF-ARCHIER MS opened but complete: Rs. 1,500 to Rs. 4,000.
Silver Proof Coin, Rs. 500 denomination, any commemorative theme. PF-ARCHIER MS sealed: Rs. 8,000 to Rs. 20,000.
Silver Proof Set, multi-coin commemorative, any theme. PF-ARCHIER MS sealed complete: Rs. 5,000 to Rs. 15,000.
PRICE PREMIUM FACTORS
A sealed proof coin in original packaging commands a premium of 50 to 100 percent above an opened example in the same grade. A PF-ARCHIER graded coin commands recognition of its documented condition. A coin from a limited mintage issue commands additional premium proportional to its scarcity. Proof sets with all original documentation, certificates and packaging intact command the highest prices.
AINCERT Copyright 2026
Website: sites.google.com/view/aincert
Email: ujjwalbup@gmail.com
"Don't talk about money, talk about history."