Sri Lanka Vintage Issue 1957 Rs 5 Ultra Unique and Rare Elizabeth II Silver Issue

Sri Lanka Vintage Issue 1957 Rs 5 Ultra Unique and Rare Elizabeth II Silver Issue 

The image shows a 1957 Ceylonese 5 Rupee coin, minted to commemorate the 2500th anniversary of Buddhism. Key details of the coin include: 

• Material: It is made of .925 silver. 
• Weight: The coin weighs approximately 28.28 grams. 
• Diameter: It has a diameter of 38.51 mm. 
• Obverse Design: The obverse features a Buddhist moonstone motif with the number "2500" at the center, surrounded by flower petals, and processions of elephants, horses, lions, bulls, and geese. 
• Reverse Design: The reverse side displays the denomination "FIVE RUPEES" in English, Tamil, and Sinhala, along with "Sri Lanka" and "Buddha Jayanthi" inscriptions and the year "1957". 
• Edge: The coin has a reeded edge. 
• Mint: It was minted at the Royal Mint in London. 
• Mintage: 500,000 coins were minted, but 258,000 were melted down in 1962. 
• Value: As of April 19, 2025, the melt value of the silver in the coin was approximately $27.36 USD. The current exchange rate of 5 LKR to INR is approximately 1.77. 
• Rarity: Due to the relatively low mintage and the number of coins melted down, this coin is considered rare. 
• Historical Context: This coin was issued during the reign of Queen Elizabeth II when Ceylon (now Sri Lanka) was part of the British Commonwealth. Sri Lanka gained independence in 1948 and became a republic in 1972.