Tuesday, August 10, 2010

ONLINE BUSINESS

You may be surprised to see the heading of this article. How online business came in a coin collection blog? Is the article owner wrongly put in this blog instead of online business blog?

No. I put this article only in the Coin Collections & Investments blog. Many of us thinking that coin collection is just a hobby. We can't expect more from a hobby. But there is lot of business potential is hidding in coin collection. It can be done by any housewives who wants to earn money while spending their life at their home or anybody who wants to earn extra money apart from their jobs or business or a student who wants to earn money without spending more time.

All you need to do is develop your knowledge about rare coins. Rare coins price will shoot up easily. But in a routine life, we exchange many rare coins without proper knowledge. If you realise that which all are having the quality to become rare coins and what all are scarce commemorative coins, then you can accumulate it from your routine life. It is like saving your saving amount in a little bank.

You can put your collections for sale through lot of online platform like ebay, quickr or olx. All the commemorative coins are going for many folds of their face value in ebay. If you have a 5 rupee coin, it will be sold for atleast 20 Rs. It can go to 500 Rs according to their scarcity. The return from the sale of the coin will be higher than any other returns like bank fixed deposit, equity investment or real estate. So, coin collecting is not providing you an hobby in leisure time, It also provide you good business opportunities while you sit at your home.

I will keep posting about the rare coins which one accumulate if they are very aware of the rare coins.

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