(AI generated translation of सिक्के : बहुत बड़ी दौलत)

by Shikha Tailang, Bhopal

Coin collection is one of the most popular hobbies in the world today. In view of the growing public interest in it, the number of websites related to coins has increased on the Internet in the recent past. Apart from the traditional shops that buy and sell coins, the trend of online shopping and auction has also increased. These websites are encouraging the interest of coin collection in every way, spreading information and providing a platform to the people associated with this hobby. This is not only increasing awareness about coins, but also opening an easy way to earn huge money by buying and selling them. Moreover, coins are also a good medium of safe investment.

However, it is necessary to keep some things in mind to invest in coins and get good benefits from it. The main reason behind this is that the importance of every coin is different. Generally, those coins which are in current circulation, are available in abundance and there is no special reason behind them are not considered suitable for investment. In such a situation, it is not necessary that you keep collecting every coin you find, but think well about the antiquity, rarity, importance etc. of any coin, gather information and find out its metal, quality, correct price and then give it a place in your collection for investment.

Coins collected in this way will not only add beauty to your collection but will also make it priceless. Generally, the price of a coin is based on these special things:

Antiquity: Generally, the coins in circulation in the present times are not considered suitable for investment because they are easily available and their purchase and sale is according to the current price. See how old it is. If you choose a coin older than 75 years for investment, then it is good to include it in your collection. They also have a price and their price increases with time. For example: Maharaja Ganga Singh’s (1880-1943) coin of Bikaner was available for only Rs. 200 25 years ago but today its price is Rs. 7000 per piece. Obviously, by investing in such coins, you can earn many times more profit. The coins found from excavations at historical sites are quite expensive. While buying and selling such coins, the current rules and regulations of the country also have to be kept in mind. Also see from how reliable source they are being obtained. Stay away from fake coins.

Coins found from excavations at historical sites are quite valuable. While buying and selling such coins, the existing rules and regulations of the country also have to be kept in mind. Also see from how reliable source they are being obtained. Stay away from fake coins.

Rarity: If a coin is easily available and is available in large quantities, then do not collect it for investment purposes. If more than a thousand pieces of a coin are available, then it cannot be placed in the category of rare coins. If the mint has made a mistake in minting a coin, then collecting it gives good profit.

Importance: Every coin has its own importance. Some coins are issued for everyday use. Some coins are issued on special occasions. For example: The coin with ‘Landing on Moon’ inscribed on it issued by America to commemorate the human landing on the moon. Similarly, special commemorative coins issued to commemorate the completion of 25 years and 50 years of India’s independence are also useful. Their quality is also good and so is the price for buying and selling. Coins associated with rumours and superstitions also prove to be a good source of income. For example: There was a rumour that the 20 paise coins with Surya-Kamal inscribed on them contained gold, but they were made of mixed metals. But due to the rumour of them being gold, people hoarded them heavily and they were melted in large quantities. This makes them fetch a much higher price than normal.

To be contd. …