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150 Rupees Madan Mohan Malaviya

Issuer Reserve Bank of India
Year 2011
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Value 150 Rupees
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Obverse description The State Emblem of India — the Lion Capital of Ashoka — is depicted centrally in high relief, showing three lions atop an abacus decorated with a Dharma Chakra flanked by a horse and a bull in the round. The national motto 'सत्यमेव जयते' (Satyameva Jayate, meaning 'Truth Alone Triumphs') appears in Devanagari script below the emblem. The denomination '₹ 150' is prominently inscribed in the lower field. The issuer legends 'भारत' in Devanagari and 'INDIA' in Latin script are positioned to the left and right of the field respectively, running vertically along the coin's periphery.
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Reverse script Latin/Devanagari
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Additional information

Madan Mohan Malaviya founded Banaras Hindu University in 1916 after a decade of fundraising that reportedly included a personal appeal to the Nizam of Hyderabad — who initially offered an insultingly small sum, prompting Malaviya to accept it as a beginning rather than an insult and continue soliciting until the full endowment was secured. The Reserve Bank issued this coin on the 150th anniversary of his birth.

The .500 fineness is characteristic of Indian commemorative silver issues from this period, a deliberate cost-containment choice that drew quiet criticism from collectors accustomed to .999 standards elsewhere.

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