Just like antiques are bought at auctions, there is a trend of buying and selling old Indian currency notes. Collectors are showing more interest in notes that are used in the past, discontinued, common during the reign of kings and have interesting serial numbers.
In the case of such bank notes, prices are getting higher than the original value. In denominations like 5, 10, 20, 50, 100 rupees, if there is a number that buyers like, then their demand is increasing in the market. Especially if you have an old 50 rupee note at home, then you can earn lakhs of rupees right now.
One of the reasons behind this is the growing trend towards special serial notes, including numbers of specific religious beliefs. For example, if an old 50 rupee note has the serial number 786, which is important in Islam, then people are ready to pay any price for that note.
Only because of this special serial number, they are being sold at a higher price than their actual value. Such old, specially numbered notes can be sold on websites like eBay, which has gained considerable popularity as an e-commerce site all over the world.
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In another auction, there is a demand for Rs 10 notes from customers. If the Rs 10 note with the number in demand by customers is put up for sale, it can be fetched up to Rs 3,300.
Also, those who offer white and light-coloured notes printed in 1951 can get up to Rs 1 lakh in this market. On the other hand, there are some instances where up to Rs 10,000 has been offered for any note printed in 1917.
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How to avail the facility? Know the rules:
Visit the eBay website https://www.ebay.com and register first. Submit details like your name, mobile number, email and address and complete the registration process.
Now take a picture of the old coin that you have. These pictures should be such that the serial number is clearly visible on both sides. If the note is scratched, torn, or the number is clearly visible, it will not be accepted.
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After uploading the coin picture, mention your price and submit it. After your ad is viewed by customers, those who like it will contact you and finalize the deal.
As people’s interest in old notes increases, so does the risk of fraud. There are also cases of fraudulent calls and messages promising instant buyers extraordinary prices.
Be wary of any requests for prepayment, personal banking details or unauthorized payments. To avoid fraud, only trusted platforms should be used. Buying and selling should be done only through official channels.
Disclaimer: Timesbull does not confirm the information related to this news. Our main objective of this report is to increase your general knowledge. We have tried to collect such information for you from various reliable websites. For final knowledge in this regard, it is definitely advisable to take expert opinion.









