Catalog
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| Issuer | Nepal Rastra Bank |
|---|---|
| Year | 1994 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Rupee (1932-date) |
| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | Log in to see details |
| Thickness | Log in to see details |
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| Technique | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Log in to see details |
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse script | Devanagari |
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| Edge | Reeded |
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| Additional information |
Nepal shifted from pure brass to brass-plated steel for this denomination in 1994, driven by the chronic problem of higher-denomination coins being melted for their metal content — a persistent issue in South Asian economies where the intrinsic value of coinage repeatedly outpaced face value. The steel core made the arbitrage unworkable. KM#1075.1 distinguishes the magnetic variety from the contemporaneous non-magnetic brass strikes, both circulating simultaneously during the transition.