A gold coin is the simplest way to own gold. The making charge is only 1 to 2 percent, there is no design markup, no melting loss to worry about later. You pay the day's gold rate for the weight, a 1 to 2 percent making charge, and 3 percent GST. That is it. For anyone who wants to save in gold rather than wear it, a coin gives you the most gold for your money of any gold product on the shelf.
This guide explains what a gold coin actually is, the standard weights you can buy in Nagpur, the price ladder at the day's live rate, the difference between 24K and 22K coins, how the BIS hallmark protects you, and what GST and exchange rules apply. For 37 years Londe Jewellers Gold and Diamonds has sold hallmarked gold coins to Nagpur families for Dhanteras, Akshaya Tritiya, weddings, and plain monthly saving.
What is a gold coin and how is it priced
A gold coin is a small minted disc of pure gold, usually 24K 995 (99.5 percent pure), stamped with its weight, purity and a maker or bank mark. Coins are sold by weight, the most common being 1g, 2g, 5g, 8g (one tola equivalent), 10g, 20g, 50g and 100g. Unlike jewellery, a coin has no design labour, so the price is almost entirely the gold value.
The pricing formula is straightforward. Coin price equals the day's gold rate per gram times the coin weight, plus a making charge of 1 to 2 percent of the gold value, plus 3 percent GST on the total. Compare that with 22K jewellery, where making charges start from 5 percent and depend on the design. A 10g coin and a 10g chain hold the same gold, but the coin costs far less because its making charge is only 1 to 2 percent.
"A coin is gold in its purest commercial form. You are paying for the metal, not the craft. That is exactly what you want when the goal is to save."
Gold coin price ladder at today's Nagpur 24K rate
The 24K 995 rate at Londe Jewellers Nagpur is Rs 14,200 per gram on 5 November 2026, and every figure in the table below is recalculated from it each time this page loads. The live rate is always shown at the counter and on the today gold rate Nagpur page, since gold moves daily. Here is the all in price ladder for common 24K coin weights at today's rate, including the 1% to 2% making charge and 3 percent GST.
| Coin weight | Gold value (24K) | Making charge (1% to 2%) | GST 3% | Approx all in price |
|---|---|---|---|---|
| 1 gram | Rs 14,200 | Rs 142 to Rs 284 | Rs 430 to Rs 435 | Rs 14,772 to Rs 14,919 |
| 2 gram | Rs 28,400 | Rs 284 to Rs 568 | Rs 861 to Rs 869 | Rs 29,545 to Rs 29,837 |
| 5 gram | Rs 71,000 | Rs 710 to Rs 1,420 | Rs 2,151 to Rs 2,173 | Rs 73,861 to Rs 74,593 |
| 8 gram (1 tola) | Rs 1,13,600 | Rs 1,136 to Rs 2,272 | Rs 3,442 to Rs 3,476 | Rs 1,18,178 to Rs 1,19,348 |
| 10 gram | Rs 1,42,000 | Rs 1,420 to Rs 2,840 | Rs 4,303 to Rs 4,345 | Rs 1,47,723 to Rs 1,49,185 |
| 20 gram | Rs 2,84,000 | Rs 2,840 to Rs 5,680 | Rs 8,605 to Rs 8,690 | Rs 2,95,445 to Rs 2,98,370 |
| 50 gram | Rs 7,10,000 | Rs 7,100 to Rs 14,200 | Rs 21,513 to Rs 21,726 | Rs 7,38,613 to Rs 7,45,926 |
| 100 gram | Rs 14,20,000 | Rs 14,200 to Rs 28,400 | Rs 43,026 to Rs 43,452 | Rs 14,77,226 to Rs 14,91,852 |
These figures are computed at today's live 24K rate and shift with it every day. The making charge is 1% to 2% of the gold value, so the range widens in rupees as the coin gets heavier. The gold value itself is identical to what any honest jeweller in Nagpur will quote, since 995 gold is 995 gold everywhere. The difference between jewellers is the making charge and whether the coin is genuinely BIS hallmarked, both of which Londe itemises on the invoice.
Making Charges on a Gold Coin in Nagpur
The making charge on a gold coin at Londe Jewellers Nagpur is 1% to 2% of the gold value, never 0%. On an 8 gram 24K coin at today's rate of Rs 14,200 per gram, the gold value is Rs 1,13,600 and the making charge is Rs 1,136 to Rs 2,272. On a 10 gram coin it is Rs 1,420 to Rs 2,840. GST of 3% is then added on the gold value plus the making charge.
A coin costs less to make than jewellery because it is minted to a fixed weight, with no design work to price in. For comparison, 22K gold jewellery at Londe carries making charges from 5%, by design and product. The bill for a coin shows the rate, weight, making charge and GST as separate lines, so you can see the making charge in rupees before you pay.
To check a coin's making charge in person, visit Londe Jewellers Sitabuldi at Modi Number 2, opposite Datta Mandir, Sitabuldi, Nagpur 440012, open 11 AM to 8:30 PM, or any of our four Nagpur showrooms.
24K coin or 22K coin, which to buy
24K 995 coin, the investment standard
Buy 24K for saving and gifting. It holds the full gold value, it is the standard for Dhanteras and Akshaya Tritiya purchases, and it is what you want if the coin will sit in your locker as a store of value. Most Nagpur families buying a coin as an investment or a festival gift choose 24K.
22K coin, for future conversion to jewellery
A 22K coin makes sense only if you intend to later convert the coin into an ornament, since most Indian jewellery is made in 22K. By starting with a 22K coin you avoid a purity conversion step at exchange time. For pure saving, though, 24K remains the right answer.
Why the BIS hallmark on a coin matters
The single biggest risk with gold coins is buying underweight or under purity metal from an unverified seller. The BIS hallmark removes that risk. Every gold coin sold at Londe Jewellers Nagpur carries the BIS purity mark and the stated weight, with an itemised invoice showing weight, purity and the rate applied. When you eventually sell or exchange, that hallmark and invoice are the record of what you bought.
- Purity mark: 995 for 24K, 916 for 22K, stamped on the coin.
- Assured weight: printed on the coin and the invoice, verifiable on any jeweller scale.
- Itemised invoice: weight, purity, rate, making charge and GST shown separately, never bundled.
GST and exchange rules on gold coins
Investment gold coins attract 3 percent GST on the total value. Because a plain coin carries only a 1 to 2 percent making charge, the tax outgo on a coin is lower than on jewellery of the same weight, where GST also applies to the making charges. When you want to convert a coin into jewellery or sell it back, a Londe BIS hallmarked coin is credited at the day's gold rate with zero deduction on the gold value, the same zero deduction policy that applies to all Londe gold exchange. This is the practical reason to buy your investment coin from the same trusted jeweller you will return to.
If you are weighing a coin purchase against pledging gold for cash, read our companion guide on gold loan vs gold exchange in Nagpur, which explains when to sell, when to pledge, and when to simply hold your coin.
Buying coins in volume for a company Diwali gift, an employee reward programme or a wedding return gift? Londe runs a dedicated custom gold coin and corporate gifting desk, with your logo engraved on the coin, the same daily rate based pricing, a GST invoice and pan India delivery.
How to buy a gold coin at Londe Jewellers Nagpur
- Decide your weight. For a first festival gift, 5g or 10g is standard. For monthly saving, many Nagpur families buy a 2g or 5g coin each month and build a holding over a year.
- Confirm 24K for investment. Ask for 995 purity unless you specifically plan to convert to jewellery later.
- Check the live rate. The counter rate is the IBJA Mumbai benchmark applied that morning, the same rate shown on the today gold rate Nagpur page. Gold moves daily, so the morning rate is your buying rate.
- Verify the hallmark on the spot. The BIS mark and weight are on the coin. The invoice itemises everything.
- Keep the invoice with the coin. It records the weight, purity and rate, and you will want it at resale or exchange.
Buy BIS hallmarked gold coins at Londe Jewellers Nagpur
24K and 22K coins from 1 gram to 100 gram. Live IBJA gold rate at the counter. BIS hallmark and an itemised invoice with every coin. Zero deduction on coin exchange towards jewellery.
Londe Jewellers Sitabuldi, Modi No 2, Sitabuldi, Nagpur 440012. Open 11 AM to 8:30 PM, near Sitabuldi main market. Also at Gokulpeth (N Bazar Road), Manish Nagar (Beltarodi Road) and Nandanvan (Tiranga Square, opposite Axis Bank).
Visit a Londe showroomFrequently asked questions
What is the price of a 10 gram gold coin in Nagpur today?
A 10 gram 24K 995 coin is the day's 24K rate per gram times 10, plus a 1 to 2 percent making charge and 3 percent GST. At the live Nagpur 24K rate of Rs 14,200 per gram on 5 November 2026, a 10 gram coin works out to about Rs 1,47,723 to Rs 1,49,185 all in. The live rate is shown at the Londe counter and on the today gold rate Nagpur page.
What is the making charge on a gold coin in Nagpur?
At Londe Jewellers Nagpur the making charge on a gold coin is 1% to 2% of the gold value, never 0%. On an 8 gram 24K coin at today's rate that is Rs 1,136 to Rs 2,272, and on a 10 gram coin Rs 1,420 to Rs 2,840. GST of 3% applies on the gold value plus the making charge.
Are gold coins cheaper than gold jewellery?
Yes. A 24K coin carries only a 1 to 2 percent making charge, versus making charges from 5 percent on 22K jewellery. For pure investment, coins give you the most gold for your money. Jewellery is for wearing, coins are for saving.
Should I buy a 24K or 22K gold coin?
Buy 24K 995 for investment and gifting, since it holds full gold value and is the standard for Dhanteras and Akshaya Tritiya. Buy 22K only if you plan to later convert the coin into 22K jewellery. For saving, 24K is the right choice.
Do Londe gold coins carry a BIS hallmark?
Yes. Every Londe gold coin is BIS hallmarked with the purity mark and weight and comes with an itemised invoice stating weight, purity and the rate applied.
Can I exchange a gold coin for jewellery later?
Yes. A Londe BIS hallmarked coin is credited towards jewellery at the day's gold rate with zero deduction on the gold value. Buying your investment coin from the same trusted jeweller is what makes this clean.
Where can I buy a gold coin in Nagpur?
Londe Jewellers Gold and Diamonds sells BIS hallmarked 24K and 22K coins from 1 gram to 100 gram at all 4 Nagpur showrooms. The Sitabuldi store at Modi No 2, Sitabuldi is open 11 AM to 8:30 PM.