The price of antique and rare things has always been high in the Indian market. These days, the craze for old notes and coins is increasing rapidly. People do not hesitate to spend huge amounts to collect them. According to media reports, an old coin of Rs 2 issued by the Government of India in 1994 is being sold today on online platforms for up to Rs 5 lakh. The specialty of this coin is that the Indian flag is engraved on its back.
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An offer of lakhs is available online
If you have this special Rs 2 coin, then it is no less than a treasure for you. People are earning lakhs of rupees by listing this coin on various online platforms. The process is quite easy—you just have to go to the concerned website and register, and upload a clear picture of the coin. After this, interested buyers can contact you directly, and the deal can be done at the fixed price.
RBI warned
However, the Reserve Bank of India (RBI) has cautioned people about this whole trend. RBI has clarified that it has nothing to do with the purchase and sale of old notes and coins. Also, the RBI never asks for any kind of commission or fee. Recently, it came to the notice of the RBI that some fraudulent institutions and people are using the name and logo of the RBI to collect money, tax, or commission from the public. Therefore, customers are advised not to fall into any such trap and use only trusted platforms.
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Increasing interest among collectors
Collectors who are fond of coins and old notes are ready to spend a large amount for these rare things. This is the reason why the price of a common coin like Rs 2 has reached lakhs today. This 1994 coin has now become an antique item, which everyone wants to include in their collection.