The 1987 One Rupee coin struck at the Hyderabad Mint is a popular collectible from India’s modern coinage period. Coins from this era reflect India’s transition to stainless steel circulation coins and are widely collected by both beginners and experienced numismatists.
🪙 Coin Specifications
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Country: India
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Year of Issue: 1987
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Denomination: One Rupee (₹1)
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Mint: Hyderabad Mint
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Mint Mark: ★ Star under the date (indicates Hyderabad Mint)
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Material: Stainless Steel
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Weight: Approx 5.85 grams
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Diameter: Approx 25 mm
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Shape: Round
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Edge: Reeded
The Hyderabad Mint (established earlier in India’s history) used a small star mint mark beneath the year to identify its production. This makes the 1987 issue specifically collectible when the mint mark is clearly visible.
🦁 Design Features
Obverse:
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Displays the Lion Capital of Ashoka (national emblem)
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Inscriptions: “भारत • INDIA”
Reverse:
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Shows the denomination “ONE RUPEE”
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Year “1987”
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Plain but functional design typical of Indian circulation coins of the time
The sturdy stainless steel body reflects the shift toward durable and cost-effective coinage in India during the 1980s.
🏛️ Historical & Numismatic Significance
The 1987 One Rupee Hyd Mint coin is significant because it represents:
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A common circulation coin from the late 20th century
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Part of the stainless steel series replacing older nickel/cupro-nickel coins
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Minting at Hyderabad, one of India’s important mint facilities
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A favorite for mint mark collectors due to its star symbol
Although it was widely used in everyday transactions, collectors find value in variants with excellent condition or perfect mint strike.
💰 Approximate Market Value (2025)
| Condition | Approx Market Value (₹) |
|---|---|
| Circulated | ₹20 – ₹50 |
| Fine / Better Circulated | ₹50 – ₹100 |
| Uncirculated (UNC) | ₹100 – ₹300 |
| Brilliant UNC / Gem Quality | ₹300 – ₹600+ |
💡 Note:
Modern coins generally don’t command extremely high prices, but uncirculated and high-eye-appeal pieces with a clear star mint mark from Hyderabad attract more buyer interest.
⭐ Why Collect the 1987 One Rupee Hyd Coin?
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Early example of stainless steel Indian coinage
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Recognizable Hyderabad mint mark (star)
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Affordable and accessible collectible
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Good choice for beginner numismatists
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