Friday, October 8, 2010
Why Coin Collection Will be a Good Investment?
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.
Monday, October 4, 2010
Commonwealth games Delhi 2010 - New Coin Release
Kolkata mint is now opened new coin booking for commonwealth games Delhi 2010. The set consisting of 3 coins: Rs 100, Rs 5 and Rs 2 was released on the eve of the the games. Along with the commonwealth games set, rebooking is also open for 3 different sets: Rabindranath Tagore, Perarignar Annadurai and Rajendra Prasad.
Last date for the coin booking is 15th November 2010.
To Book the coin, Click Here.
Sunday, October 3, 2010
2006 - One Rupee Coin

Reverse

The coin posted above considered as a rarest coin of Republic India. This types of coins were minted through 2004, 2005 and 2006. But now we have only the coins of 2005 in circulation. The other two coins are not in circulation due to withdrawals by RBI to avoid some political problem (caused by BJP). The price of these coins of the year 2004 & 2006 are increasing rapidly day by day. I got it from my dealer in cheap rate.
Tuesday, September 21, 2010
5 Rare and Valuable US Coins
1943 Copper Penny
Coin: 1943 Copper Penny
Estimated Value: $10,000 - $100,000+
About 40 1943 copper cents are estimated to remain in existence, and only about a dozen confirmed to exist.
They were most likely made by accident when copper blanks remained in the press as production began on the new steel pennies.
In 2008, Steve Contursi sold a 1943-S authenticated copper wheat penny for more than $100,000 to a private collector. Contursi had bought the coin only a week earlier for about $72,000. Nice Profit.
How to spot it: The easiest way to determine if your 1943 cent is copper (and valuable) is to test it with a magnet. If it sticks to the magnet, it is a steel penny, and not valuable (but still pretty nifty).
If it does not stick, then you might have hit the jackpot...have a expert authenticate your coin, but be prepared for disappointment: there are probably many counterfeits of this coin. More info about 1943 Pennies on Wikipedia
1982 "No P" Dime
Coin: 1982 "No P" Dime
Estimated Value: $100+ (just saw one on ebay for $3000)
Background: Before 1980, dimes minted in Philadelphia didn't have a mint mark. Starting that year, a small letter "P" was placed on Philly dimes above the date.
In 1982 an error occurred when the mint mark was omitted from a small number of dimes, leaving them p-less.
How to spot it: 1982 dime, with no "p" above the date. Of course, this could be easy to fake -- an expert would need to authenticate the coin.
1955 Double Die Penny
Coin: 1955 Double Die Penny
Estimated Value: $300 - $25,000+
Background: Double dies are caused when from a misalignment during the production of a coin.
About 24,000 1955 double die cents were put into circulation.
In uncirculated condition, the 1955 Double Die wheat penny is worth over $25,000. Even circulated versions of the 1955 Double Die are worth $300-$1000+ depending on condition.
How to spot it: The doubling of the letters and numbers on this coin is pretty easy to see. Rare, but not too rare... these pop-up at auction every once and a while.
2001-P Double Struck New York Quarter
Coin: 2001-P Double Struck New York Quarter
Estimated Value: $400 - $3000
Background: The coin is sadistic and is not satisfied being struck once. A production goof keeps the coin in the chamber for extra striking making a very odd looking coin.
How to spot it: Off center image doubling of Washington and the Statue of Liberty.
1965 Silver Dime
Coin: 1965 Silver Dime
Estimated Value: $9000+
Background: The official production of silver dimes were discontinued in 1964.
Beginning in 1965 dimes were made out of copper and nickel. A silver 1965 dime is a mistake (and a rare one).
Only a few have been found, but more are believed to still be in circulation.
How to spot it: The silver coin has a silver edge; the common copper/nickel coin has a strip of brown around the edge.
A silver dime weighs 2.50 grams, while a copper/nickel dime weighs 2.27 grams.
Source: http://www.blifaloo.com/info/rare_coins.php
Friday, September 17, 2010
PROOF SET - BHAGWAN MAHAVIR 2600TH JANAM KALYANAK
PROOF SET - BHAGWAN MAHAVIR 2600TH JANAM KALYANAK










