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State bank to issue Rs50 Sir Syed Ahmed Khan commemorative coin

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News Stories Posted by ARY News Digital Team

The State Bank of Pakistan has announced to issue a Rs50 coin from October 17 to commemorate Sir Syed Ahmed Khan.

Sir Syed Ahmed Khan was a renowned author, educationist and Muslim reformer of 19th century, who laid the foundation of Muslim renaissance in Indo Pak sub-continent, which ultimately led to the creation of Pakistan in 1947.

On October 17, 2017, the 200th birth anniversary of Sir Syed Ahmed Khan was celebrated. On this occasion, in order to recognize meritorious services rendered by Sir Syed Ahmed Khan towards the welfare of Muslims of South Asia, the federal government had authorized the central bank to issue Rs50 commemorative coins.

These coins will be issued through the exchange counters of all the field offices of the SBP Banking Services Corporation from October 17, 2018.

Read More: SBP issues Rs. 50 coin in honour of Edhi

The metal composition, shape, dimension and design of Rs50 commemorative coin are as under:

Metal composition: cupronickel, copper 75% and nickel 25%

Dimension: 30.0 mm

Weight: 13.5 grams

OBVERSE:

The waxing crescent moon and five-pointed star facing north-west in rising position is in the center. The periphery on the top of the crescent star is inscribed in the wording “ISLAMI JAMHORIA PAKISTAN” in Urdu script.

Below the crescent and at the top of two springs of wheat with arms curved upward, there is the year of issuance 2017. The face value of the coin in numeral ’50’ in bold letters and RUPIA in Urdu script are written on the right and left sides of the crescent star respectively.

REVERSE:

There is a side portrait of Sir Syed Ahmed Khan in the center. The wording Sir Syed Ahmed Khan is inscribed below the portrait. The life span 1817-2017 is inscribed in the left and right side of the portrait and the above the portrait 200th Birth Anniversary is inscribed along with the periphery of the coin.

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