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RBI Monetary Museum

Mumbai

Museum

The Monetary Museum is located on the ground floor of the RBI. This unique museum envisages documenting and preserving the monetary heritage of India. It has three galleries on the concepts, ideas and curiosities related to money. You can find a great old coins collection from gold, silver, bronze and more, since Fifth century BC till date, at the RBI Monetary Museum.

Since 2004, this beautiful and clean museum has done its best to maintain and display rare coins. It also has 8mm diameter coins called 'Fanam'. It is one of the only monetary heritages under RBI which is yet to be seen by most people.

The Museum is divided into Six Sections:

Concepts, Curiosities & the Idea of Money: This section provides the definition of money and gives information on its evolution. It talks about the Barter system and also displays all the items that were used as commodity money including cowri shells, Neolithic stone, axes, silver bar money, knife money and beads.

Indian Coinage: This is the most impressive section and one can spend hours here as it displays coins through a time line right from 6-4 century B.C. to those of Independent India.

Section Three: Coins to Bank Notes and Section

Four: Indian Paper Money: These sections deal with the transition of coins to Bank Notes. They display Promissory Notes, Cheques, Bills of Exchange, Hundies and Early Bank Notes. Notes issued by the Bank of Bengal (Unifaced, Commerce and Britannia series), Bank Of Bombay, British India notes with hand-made paper of denominations of 10, 20, 50,100, 500 and 1000 have been displayed.

Section Five: Know Your Currency: This section talks about how currency is managed in India and the features of the contemporary Mahatma Gandhi Series of notes.

Section Six: RBI and You: This section covers everything you wanted to know about the RBI and didn't know whom to ask. It displays the functions of the central bank of the country, its role in the economy and how it touches the day-to-day life of the common man.

So if one is interested in the history of the money and rare coins, then this museum is a must-see place.

Entry Fee: INR 10/- for both Indian and foreign national.

School and College students entry is free.

Directions

Ground floor, Amar Building, Sir Phirozesha Mehta Road, South-Mumbai, 400001

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