Many people like collecting notes and coins as a hobby. But did you know that sometimes this hobby can earn you a lot of money? Maybe there is a treasure lying in an old box at home.
Many people save old notes or coins. You can earn crores of rupees from just 1 taka. It may sound hard to believe, but such things have really happened.
How Old Coins Can Be Worth Crores
Old 1 rupee and 2 rupee coins, as well as 1, 2, or 5 rupee notes, can be sold online for a huge amount of money. Old coins are often auctioned as antiques.
There are websites like Coin Bazaar that buy and sell old and rare coins. Users can register by giving basic information like name, address, email, and phone number.
Check the old cupboards at your home. If you have such coins, you can sell them online. For example, the price of a 1 rupee coin rose to almost 10 crore rupees!
A 1 rupee coin was first issued in India in 1885 during the British Raj. Its price in a 2021 auction reached 10 crore rupees.
That means it is possible to earn 10 crore rupees by selling an old 1 rupee coin lying at home. But have you ever thought about how much it costs to make this coin?
According to a 2018 report, the 1 rupee coin, which has been in use since 1992, costs about 1.11 rupees to produce.
It costs slightly more to make 1 rupee than its face value. This stainless steel coin has a diameter of 21.93 mm, a thickness of 1.45 mm, and weighs 3.76 grams.