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Thursday, 29 December 2011

Cashing in on old coins and notes


Patience and passion can help you make a sizeable profit from an avocation. Here are five hobbies that can help you diversify your portfolio and earn high returns.

Cashing in on coins and notes 
    When Suhas Kadam, an employee in the private sector, wanted to buy a house in 2009, he chose a unique way to fund the down payment—selling 252 ‘error’ coins that he had collected over 25 years.

Hottest Gains and Return on Investment from Indian coin

 Each coin had a minor error that had crept in when it was minted and was probably considered worthless at the time. But they helped Kadam earn 6 lakh on selling them. Coins as investment: “The returns from investing in coins and bank notes ranges from 20-30% on a year-on-year basis,” says Farokh S Todywalla, owner of Todywalla House, a Mumbai-based auction house. Agrees Shamji Vinchhi, a coin dealer who bought an East India Company coin of 1808 four years ago for 100, and which is now valued at 3,000.
    Experts say the astronomical returns are because of demand and supply mismatch. The number of people showing an interest in numismatics has been rising, but the supply of antique coins hasn’t increased in the same proportion.
    The other reason is that with the
    increase in the value of gold and silver, the intrinsic value of old coins also rises. However, all collectors stress on one point: it isstrictly an interest-led investment. It would be foolhardy to collect coins only because of the potential returns. “Unlike other investment classes, coin collecting is illiquid and is not institutionalised,” says Harsh Dalal, regional head, Altamount Capital. Minting money: Experienced collectors suggest one should start by investing small amounts, about 1,000 a month. 

“There are two ways of acquiring coins—purchasing them from a dealer or by sourcing them from coin and paper money exhibitions that are conducted by private collectors and traders,” says Dalal. Family and friends, besides jewellers, are also good sources.
    While buying from a dealer, check if he has a licence and permit. Purchasing from an auction is always a better option as the chances of the product being authentic are higher. However, the prices generally scale up at auctions due to the aggressive bidding.
    Most sellers offer a money-back guarantee if the coin is not genuine. However, in case the coin was bought at an auction, only the minimum bid price will be returned. The value of a coin does not depend only on its age, but on several other parameters, such as its condition, rarity and metallic value. You can take the help of various agencies to find out the true worth of your coin.
    Uncirculated coins (or proof coins), which were minted for a collection or presentation, have greater value. “A common silver British Indian rupee would be worth 500, but its proof version would be available for 5,000,” says Todywalla.
    To sell your coin, you can approach a dealer, an auction house or put it up on a website, such as eBay. Auctioneers charge around 10% of the total sales.

Source:Economic Times 2011 End Edition

2003-IT Services Explosion 
2008-Real Estate skyrocketed
2010-Yellow Metal Gold and Silver touched the Roof.
2012-2015 Hobbies ,Old Coins will shoot and attain the  maximum .

Grandpacoins.in strongly believes the Future of  2012-2015  Coin Markets. Grandpacoins.in yet to launch a Survey on predictive markets of Numismatics. We strongly agree to invest an partly amount of 10% of your income on Hobbies especially Old coins and Notes.


Monday, 26 December 2011

ONE RUPEE ERROR COIN INTERSTING X +(X PLUS )SYMBOL ERROR


ERROR EXTREMELY RARE 2003 PLUS SYMBOL 1 COIN AND X ROTATIONAL ERROR EXTREMELY RARE.

 TO MY SURPRISE I FOUND ROTATIONAL ERROR AND PLUS ERROR IN THE ONE RUPEE 2003 COUPLE OF COINS.


Although these type of coins are banned by government on political Disagree, Still circulating in the market.

ONE RUPEE 2003 X PLUS ROTATION ERROR

X PLUS ROTATION ERROR ON ONE RUPEE 2003 COIN  XTREMELY RARE
                                                            Rotatinal Error Extremely Rare Rs 1499/-

Sunday, 25 December 2011

ONE RUPEE CHARMINAR SILVER COIN

IN SIMPLE IT IS ONE RUPEE CHARMINAR SILVER COIN

MIR USMAN ALI KHAN ONE RUPEE 

818 SLVER 

AH 1341 YEAR SILVER COIN WITH CHARMINAR BACK SIDE
These coins are during the Hyderabad Ruling period .
                                                       Price Rs 2699/-

Wednesday, 14 December 2011

ONE Rupee Full Bundle 1985 Year

ONE RUPEE FULL SERIAL BUNDLE OF 1985 YEAR ( B RARE INSET)

ONE RUPEE FULL BUNDLE OF 1985 SERIAL BUNDLE
B is Rare Inset in 1985 Year. If Inset wise ,Year wise is your choice for collection . Don't wait Book your order . UNC price would be Rs 3,499/-

Monday, 5 December 2011

100 Rupee Dam Note Jaganathan Signature

100 Rupee Dam Note of Jaganathan

The Water Mark has three lions because it is earlier to Mahatma Gandhi on Water Mark.

About Governer Jaganathan: 
S. Jagannathan was the 10th Governor of the Reserve Bank of India from 16 June 1970 to 19 May 1975.

                                              Available Notes: 4
                                  Depends on condition price Fixed Rs 1999/- top condition 

Saturday, 3 December 2011

10 Rupee 2008 UNC coin

UNC :Uncirculated coin in the market.
10 Rupee coins of Bimetallic are not circulated mostly in the market during the Years of 2007,2008.
2010 Released RBI Mint Issue

2008 UNC Ten Rupee Bimetallic coin
Each coin Rs 120/-

Sunday, 27 November 2011

10 Rupee Old Big Size Ship Note


10 Rupee Big Size Ship Note will not fit in your purse ,wallet today.

Such a Big Size notes are issued In Early 1960's
10 RUppe PC OLD PC BHATTACHARYA SIGN
10 Rupee ship OLD Note 
                                                                      Price 799/-

Saturday, 26 November 2011

Thursday, 24 November 2011

2 Rupee Note Satellite Governor: Malahotra

2 Rupee Full Satellite Note Governer: Malahothra

2 Rupee Satellite Note Governer: malahothra
                                         Loose Note UNC good condition would be Rs 75/-
                                          Full Bundle Rs 2499/-

2 Rupee Satellite Malahatra Full Bundle

Saturday, 19 November 2011

Half Anna, One Quarter Copper Anna Rare of Queen Vicoria


Queen Victoria Coin Metal Discription
Copper type Queen Victoria coins are mostly faded and tough to get in good condition. Queen Victoria Silver coins will not fade as silver has less wear and tear. So Copper type of Queen Victoria in an average condition would be found in the Market.

ONE QUARTER ANNA , HALF ANNA COPPER COIN

One Quarter Queen Victoria copper 1862
ONE Quarter of Queen Victoria 


Some Copper coins of One Quarter and Half Anna are more costlier than silver coin
As there are rare Entities these will have more value in future . Price of Copper Range would be for rare years  Rs 700.

Saturday, 12 November 2011

1 Rupee Big SIZE COIN SET FROM (1976-1981)

1 Rupee Big size coin collection of years 1976,1977,1978,1979,1980,1981




1 Kg of Rice we get with these one Rupee coin in 1970's . But due to Inflation one Rupee is undervalued today.

The price of this set of coin would get for Rs 599/- 

Saturday, 17 September 2011

1 Rupee 1975 MG KAUL UNC NOTES

MG KAUL 1 Rupee UNC Note 

1975 M G KAUL GOVERNER NOTES



SPECIALITY OF THESE NOTES:
COLLECTING MG KAUL NOTES WITH UNFOLD ,NEW CONDITION IS TOUGH. ALSO COLLETIONG UNC SEQUENCE IS MORE

Each Note Rs 100/-

Tuesday, 30 August 2011

1 Rupee Note with 1988 Year

1 Rupee Rare Having the Photo


1988 One Rupee UNC Note

one Rupee 1988 UNC Note
                                                             Available Notes:25
                                                              Each Note Rs 120/-
                                                                     
  

Kani Copper Coin Indian old coins

one pice coin year 1945
Kani s made of copper metal having a hole in middle. Before Republic India kanis are circulated more. This kani name is changed to coin Later.

Kanis having a beautiful exterior design in which the design gets vanished on usage. Mostly today we find the kanis with faded design. Kani copper coins with good design are valuable.

Budding collectors starts their collection with these Kani type Copper coins.


20 Paise Mahatma Gandhi Coin

20 Paise Mahatma Gandhi Copper coin

 Along with these 10 Rupee Silver Mahatma Gandhi is Minted.

National Leader collection: 20 Paise Mahatma Gandhi coin
Each coin Rs 120/-







Sunday, 28 August 2011

50 PAISE PANDIT JAWAHARLAL NEHRU COIN


Price Rs 119/- Each
PANDIT JAWAHARLAL NEHRU coin minted once 1964.
Nov 14 known as Children Day is celebrated on his Birthday.
It gives us pleasure to collect those coins and keep for the historic importance.
Today we no where see the Jawaharlal Nehru 50 Paise Coins. Till today The first PM Nehru is respected all over the world. Some collectors collect these coins to owe the Respect to Nation and Nehru Family.



Monday, 15 August 2011

1 PAISE HORSE COIN

1 paise horse coin 1954 year
For Sale :

1 Paise coin of Horse is a copper having the 3 Lions on other side.


Currency Representation


1 Rupee = 16 Annas
1 Anna = 4 Pice
1 Pice = 3 Pies

It is also called for Naya Paise
The Paise is spelled earlier as PICE.


                                                         

PANDIT JAWAHAR LAL NEHRU COIN WITHOUT CAP 1 RUPEE / 50 PAISE

NEHRU OLD COINS

PANDIT JAWAHARLAL NEHRU COINS

NEHRU OLD COINS

KING GEORGE COPPER COINS SUPER CONDITION COINS-FOR COLLECTION


CONDITION AS PER PIC GOOD SHINING CONDITION FOR COLLECTION 
UNC TYPE RS 250/-
GENERAL Rs 120/-

10 RUPEE BIMETALLIC COIN OF RBI 75 YEARS ISSUE GOLD COLOR COATING

TAIL OF 10 RUPEE RBI BIMETALLIC  RBI 75 YEAR ISSUE
10 RUPEE BIMETALLIC COIN OF RBI 75 YEARS ISSUE GOLD COLOR COATING
10 RUPEE RBI 75 YEAR BIMETALLIC

Ten Rupee RBI BIMETALLIC OF GOLD COATING COIN  is one time  issued
UNC TYPE Rs 120/- Each