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MMTC rolls out gold coin Tola.

Pamp on Friday launched a gold coin Tola, weighing of 11.6639 grammes, just ahead of the auspicious Akshaya Tritiya festival on Monday. The company plans to mint 0.5 million pieces of these coins this fiscal.

Tola is an octagonal shaped coin with distinctive knurled edges and an intricate finish with 999.9 pure gold. It has the design of a traditional weighing balance and the reverse features ' potli' containing one hundred ratti seeds. " For centuries, gold was measured in tola, but the advent of metric system overtook this historical association. We have tried to capture the ancient wisdom and heritage in the Tola coin," MMTC- Pamp managing director Rajesh Khosla said.

In its initial phase, Khosla said that the Tola coin will be available for purchase in select outlets of MMTC- Pamp outlets, Stock Holding Corporation of India, Indian Potash Limited as well as reputed jewellers in 28 cities including Chennai.

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Publication:Mail Today (New Delhi, India)
Date:May 7, 2016
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