The gold coins with the new India Post logo will be manufactured by Valcambi, Switzerland with internationally recognised certification, and will be sold initially through 466 post offices across India including 26 post offices in Delhi.
Besides, it also announced plans to expand the network of post offices where these gold coins would be sold from 466 currently, to 700 post offices during May 2010.
The gold coins will be of the denomination 0.5 g, 1 g, 5 g and 8 g of 24 carat with 99.99 % purity.
Apart from enhancing the revenue of the Department, this will enable India Posts to usher in a new image of India Post as a modern and relevant organization to the public in all areas of life. The gold coins are manufactured by Valcambi, Switzerland and have the benefits of internationally recognized certification, quality packaging, and product standardization and assayer certificate.
Considering the introduction of new coins with India Post logo, India Posts is organizing a special campaign for one month until May 31, 2010 and during this period; the gold coins are sold with a special offer of 6 % discount. Akshay Tritiya festival falls on Sunday the 16th May 2010 and India Posts expects that during the campaign period, the sale of gold coins will increase manifold.
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