The Mahatma Basaveshwar ₹5 copper-nickel commemorative coin was issued by the Government of India in 2015 to honor Jagadguru Basaveshwara (Basavanna), the 12th-century philosopher, social reformer, and founder of the Lingayat movement. The coin commemorates his enduring contributions to social equality, ethical living, and spiritual democracy in Indian society.
The coin is struck in copper-nickel (Cu-Ni) and was released for general circulation, making it accessible to the public as well as collectors. The obverse features the Lion Capital of Ashoka with the legend सत्यमेव जयते and the country name भारत INDIA. The reverse bears a dignified portrait of Mahatma Basaveshwar, along with his name and the denomination ₹5.
This commemorative issue highlights Basaveshwara’s ideals such as Kayaka (work as worship), Dasoha (service to humanity), and his strong stand against caste discrimination and social inequality. The coin holds special importance in Karnataka and among followers of Basava philosophy, while also being significant in modern Indian numismatics.
Though not rare, the Mahatma Basaveshwar ₹5 Cu-Ni coin is valued for its cultural, historical, and educational significance, and is a popular addition to Indian commemorative coin collections.
Market Value of Mahatma Basaveshwar ₹5 Cu-Ni Coin (India)
The Mahatma Basaveshwar ₹5 copper-nickel commemorative coin (2015) is a relatively modern Indian commemorative issue. While it is widely available in circulation, its collector value depends on condition, demand, and presentation (such as whether it’s uncirculated or part of a mint set). Below are approximate market values based on the current numismatic market (India, 2025):
| Condition | Approx Market Value (₹) |
|---|---|
| Circulated | ₹20 – ₹60 |
| Fine / Lightly Used | ₹80 – ₹150 |
| Extremely Fine (XF) | ₹150 – ₹300 |
| Uncirculated (UNC) | ₹300 – ₹750+ |
| Mint Set / Brilliant UNC | ₹800 – ₹1,500+ |
