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SBP to issue new coin of Rs5 from Oct 15

KARACHI: The State Bank of Pakistan (SBP) will issue Rs5 coin of new size and changed metal composition, it said in a statement today.

The coin will be issued through the exchange counters of all the field offices of SBP Banking Services Corporation from 15th October 2015.

“It weighs 3 grams with 79% copper, 20% zinc and 1% nickel, having dimension 18.5 mm,” read the statement.

The obverse side of the coin is depicted with the waxing crescent moon and a five pointed star facing north-west in rising position is in the center on the obverse face of the coin. Along with periphery on the top of the crescent star is inscribed in wording “ISLAMI JAMHORIA PAKISTAN” in Urdu script and below the crescent and at the top of two springs of wheat with arms curved upward, there is the year of issuance.

A circle of small beads is all along the edge of coin.

The reverse side of the coin is depicted with a floral wreath all along within the periphery of the coin splitted with the cones of five pointed star in the center. The face value of the coin in numeral wording (5) is in bold letter and Rupee in Urdu script in the center of the star. The coin bears its beads along the periphery.

Existing coin

Further, it may be noted that the existing Rs5 coin will also be in circulation along with new coin.

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