Coinage Act, 2011
Chapter III Coinage
4. Denominations,
dimensions, designs and composition of coins.-
Coins may be minted
at the Mints or at any other place authorised under the proviso to section 3 of
such denominations not higher than one thousand rupees and of such dimensions
and designs and containing such metals or mixed metals of such composition or
any other material as may be prescribed by the Government.