Catalog
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| Issuer | Nepal Rastra Bank |
|---|---|
| Year | 2004 |
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| Shape | Round |
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| Obverse description | Central design features a trident within a square frame, surrounded by four Hindu religious symbols arranged at each corner: the Chakra (wheel), Shankha (conch), Gada (mace), and Padma (lotus). Above the square appear a crescent moon, the auspicious Sri symbol (श्री), and a sun disc. The king's name, Gyanendra Bir Bikram Shah Dev, is inscribed within the square, while the Vikrama Samvat date appears at the base. The entire design is enclosed within a beaded border. |
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| Reverse script | Devanagari |
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| Additional information |
Gyanendra's 2004 rupee issues appeared just as Nepal's political situation was disintegrating around him. The Maoist insurgency had been grinding on since 1996, and in February 2005 — barely months after these coins entered circulation — Gyanendra would dissolve the government and assume direct rule, a move that accelerated his eventual deposition in 2008. Coins bearing his effigy consequently had an unusually short window of official legitimacy.
The brass-plated steel construction reflects the Nepal Rastra Bank's cost-reduction measures during a period of severe budgetary strain from the civil conflict.