Friday, October 8, 2010

Why Coin Collection Will be a Good Investment?

I give you some examples from the coin market.

1) Last month the price of 5 Rs Tilak steel coin was sold at 100 Rs. But now it is selling for 150 Rs due to the scarcity of the coin. See the 50% jump in the price.

2) 5 Rs Cross symbol (2007 year) coin was sold for 50 Rs last year. Twelve months later, now the same coin is available for 600-700 Rs. If one bought atleast 10 coins last year for the total of 500 Rs, now will get 7000 Rs. See you may get upto 1400% profit within one year. Even bullish stock market also may not give that much of profit.

3) 1954 - One Rupee coin was sold for 120 Rs last year. Now it is available for 700-900 Rs.

4) Nethaji two rupee coin of 1996 sold for 1000 Rs before 3 months. But now available for 3000 Rs. Here the profit is 200% within 3 months. You can't imagine such a profit in any other investment avenue.

Due to the above examples, I am insisting that coin collection is not just a hobby. It will give you handsome of money in future.

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