Investing in antique coins

WHY INVEST in numismatics? Compare investments made in the stock market and mutual funds with investments made in numismatics. The darling of Indian stock market – Reliance Industries with a market cap of over Rs.1, 64,000-crore was once selling at Rs.3, 252. But it touched a low of Rs.930! How is going to compensate the loss? The returns of mutual funds are also bleak.

• Investment in the PPF (Public Provident Fund) needs a 15-year wait.
• At the Post Office (Kisan Vikas Patra) you need to wait for eight years and seven months.
• National Savings Certificate needs six years to return your funds with interest.
• The RBI bonds’ tenure is six years.

Have you ever invested in coins and waited for six to eight years. You know the mind-boggling potential of returns on investments in numismatics. To believe yourself you need to search the website on archive coins. Also see the examples:

• In 2005 a George V gold Rs.15 coin was sold for $600.
• In 2008, similar coin was sold for $2600.
• That is in a matter of three years it realized $2000 profit!!
• A William gold one mohur was sold for $600 in 2003.
• A similar coin was sold for $2488 in 2007.
• That means a neat profit of $1800 in four years.
• Similar instances are aplenty. Do your homework.
• Search the above website for all values.

A few hundred thousand to a few hundred lakhs can be invested in numismatics. The US laws suggest that one can park 25 per cent on one’s earning in numismatics!!

You can specialise in

• Ancient Indian coins (Gandhara, Magadha etc)
• Indian classic gold coins
• British India gold mohurs
• Patterns and specimens
• Silver one rupee (1835-1947)
• The Presidency collections
• Native State collection
• The options are unlimited!!!

For the market movements of classic Indian gold coins of the Kushans, Guptas and the Moghuls keep watching the auctions of www.cngcoins.com. Other auction houses that regularly come up with India collection is Baldwin’s and Spinks.

The ebay website is another well-known site for one and all.

Buy with confidence, read and learn about each and every coin, store all information you gather about your coin, including scans of the coins. Attend all exhibitions.

Source: http://www.merinews.com/article/investing-in-antique-coins/15709618.shtml