commemorative coins are basically in two forms - proof and uncirculated variety. the proof coins are of highest quality and frost finish, where as uncirculated coins are of very good quality and shining finish.commemorative coins wii be issued on special occassions or events. high denomination of these coins contain 50% silver. these coins are not meant for public circulation, but for coin collectors only. reserve bank of india is minting these type of coins since 1964.
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