Old Coin, RBI Precautionary Announcement Against Old Coin Selling, FAQs…

Old Coin, RBI Precautionary Announcement Against Old Coin Selling, FAQs…

Old Coin: Old coins and notes are now sold/auctioned on multiple online platforms like Oldcoinsellingbazaar, OLX, Quikr, IndiaMart, Coinbazaar and. If you have a hobby of collecting old coins and notes then you have a good chance to earn lakhs of rupees by sitting at home. Present-day coins are unique in relation to old coins since present-day coins are comprised of stainless steel, then again, old coins were comprised of valuable metals like gold, silver, and copper. … Present-day coins are light in weight while the ancient coins were heavier in weight. old coin sell

In Hindi:

Old Coin: पुराने सिक्के और नोट अब OLX, Quikr, eBay, IndiaMart, Coinbazaar और Oldcoinsellingbazaar जैसे कई ऑनलाइन प्लेटफॉर्म पर बेचे/नीलामी किए जाते हैं। अगर आपको पुराने सिक्के और नोट जमा करने का शौक है तो आपके पास घर बैठे लाखों रुपये कमाने का अच्छा मौका है। पुराने सिक्कों के संबंध में वर्तमान समय के सिक्के अद्वितीय हैं क्योंकि आज के सिक्के स्टेनलेस स्टील के होते हैं, फिर पुराने सिक्के सोने, चांदी और तांबे जैसी मूल्यवान धातु से बने होते थे। … वर्तमान समय के सिक्के वजन में हल्के होते हैं जबकि प्राचीन सिक्के वजन में भारी होते थे। indian old coin

Also, Read- Old Currency Value, Factors that Affect Value, Evaluating Currencies, FAQs… Read More

The Reserve Bank of India (RBI) has cautioned the public against falling prey to offers to buy or sell old banknotes and coins.

  • The apex bank has issued a tweet on its official Twitter handle stating that some elements are incorrectly using the Reserve Bank of India’s name and emblem and urging people to sell old banknotes and coins through various online and offline platforms. Fees, commissions, or taxes are being collected.
  • RBI has issued a warning that it does not deal in such things and never asks for such fees or commissions from anyone. The Reserve Bank warns the general public not to fall victim to such false and deceptive proposals.
  • The Reserve Bank of India has stated that it has not delegated any authority to any business, company, or individual to impose any fee or commission on such transactions on its behalf.
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Old Coins That Can’t Be Identified

Try typing the inscriptions you can read into a search engine. As a general rule, if the old coin doesn’t have a country name and denomination (saying how much it’s worth) on it, it’s probably not an official government coin. It can be very hard to learn more about these unofficial coins because very few people collect them, so they’re usually not worth very much (if any) money.

Private mints around the world have also minted tokens and fantasy coins. These are not official coins issued by a government, but they still may have value. During the Civil War, a coin shortage led to the production of many tokens by private mints. This allowed stores to make small changes in business transactions. There are several books written about these tokens and they are highly collectable.

Old Coin

Also, Read- Old coin selling Bazaar Old Note Sell, To sell old currencies online & FAQs… Read More

Researching Old Coins

Here are some tips for researching your old coins:

  • Don’t be afraid to check online links if they come up in a search for your old coin. Sometimes sellers have a lot of detail about the coins in the auctions, plus you’ll get an idea of value.
  • Be sure to check beyond the first page of search results. Sometimes you won’t find what you need until several pages into the listings.
  • If you find something very similar, but that doesn’t quite match your old coin, try emailing whoever’s page you’re on for help! Send a photo of your coin.
  • Try posting photos of your old coin in forums, or emailing it to coin dealers. Sooner or later someone will recognize it.
  • Although this is rarely our first choice when giving advice about old coins, you can try taking your old coins to a coin dealer and see what he can tell you. The reason we don’t like to suggest this is that most coin dealers don’t know any more about world coins and other non-coin numismatic items than you’d discover for yourself just searching Google. Plus, many coin dealers will try to buy your old coins from you at very low prices. Never sell your old coins until you know what you’ve got and what they’re worth! old coins for sale
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How to Identify Old Coins?

Coins have been minted since the 6th century B.C. Although coin collecting has not been around as long, it is nonetheless a popular hobby for those interested in history and owning something potentially valuable. Knowing the history and worth of an old coin requires being able to identify it which can be difficult for new coin collectors. The following steps are designed to help you identify old coins you may find.

Steps

  • Look for a denomination.
  • Look for a date.
  • Note the coin’s shape.
  • Note the coin’s size.
  • Look at the coin’s colour.
  • Note the image on the coin.
  • Look for an inscription.
  • Look for a mint mark.
  • Consult a reference catalogue.
  • Ask someone

Also, Read- Coinbazaar Com Website, How to Register, Key Highlights, Products, FAQs… Read More

How to Old 2 Rupees Coin?

If you want to make money sitting at home without doing anything, we have a fantastic chance for you. You can earn Rs 5 lakh by paying just Rs 2. Hence the best part is that you don’t have to leave your house. This money is available to anyone.

You’ve probably heard that you may obtain lakhs of rupees in return for a coin. Have you ever thought about who buys these? Hobbies are popular, and there is a certain kind of enjoyment in collecting antiques. Also, there is no shortage of such warm-hearted folks in the world. Such people already have an antique collection. If you have ancient coins, you can collect lakhs of rupees in exchange for them.

If you have a Rs 2 coin in your piggy bank or handbag from the 1994, 1995, 1997, or 2000 series, you will instantly get Rs 5 lakh. These coins are in extremely high demand. People are willing to pay millions of rupees to obtain these coins. We’ll show you how to profit from this.

Old Coin

You will be able to sell Rs 2 coins like this

  • If you have a Rs 2 coin, you can sell it on the ad platform Oldcoinsellingbazaar.
  • On this website, buyers are paying a high price for this rare coin.
  • To sell Rs 2 coins, you must first sign up as a seller on Oldcoinsellingbazaar.
  • After that, you must upload the coin’s image by clicking it.
  • After that, you must input your cell phone number and email address.
  • The website will validate the information you enter.

Also, Read- www coinbazaar in sell, Key Highlights of Coinbazaar, Sell Old Notes, FAQs… Read More

FAQs on Old Coin

What is the price of 25 paise coins?

If you have this particular 25 paise silver colour coin, you can sell it online for up to Rs 1.50 lakh. So if you have this particular 25 paise silver colour coin, you can sell it online for up to Rs 1.50 lakh. If you have any of these coins and want to sell them, you must first register on the Oldcoinsellingbazaar website.

Can I sell old coins in India?

In India, collectors of old notes and coins can sell their collectable currencies on online classifieds platforms such as Olx, Quikr, and Indian Oldcoinsellingbazaar.

Does RBI buy old coins?

Cautioning the general public “not to fall prey to fictitious offers of buying/ selling of old banknotes and coins,” the RBI said the central bank does not deal in such matters, and “never seeks charges/ commissions of any sort.”

Old Currencies

How can I sell my 786 number note?

If you have this specific number 786 note, you can simply earn a billionaire while sitting at home in this situation. So you can sell notes with these numbers like 5, 10, 20, 50, 100, 200, 500, and 2000 rupees by registering on the Oldcoinsellingbazaar website.

What is the value of 1 Anna?

An anna (or ānna) was a currency unit formerly used in British India, equal to 1⁄16 of a rupee. It was subdivided into four (old) Paisa or twelve pies (thus there were 192 pies in a rupee). When the rupee was decimalised and subdivided into 100 (new) paise, one anna was therefore equivalent to 6.25 paise.

Why is 786 lucky?

786 is considered a lucky or holy number. Especially, the significance of this number in Islam is above everything. The number is believed as a numeric form of the Arabic phrase “Bismillah al-Rahman al-Rahim”, meaning, ‘In the name of God, the Most Gracious, the Most Merciful. old coin buyer