Old Coin and Rupee: People who are fond of collecting old notes and coins. This news is for those people only. This hobby can give you a chance to earn lakhs and crores. Yes, you heard it right. In today’s time, there is an online auction of old notes and coins. In this auction, people bid for unique and old notes and coins. Now, if you have old coins of 2 rupees or old notes of 1, 2, or 5, then go to the auction. You can earn a lot of money here.
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What to do and how to do
You do not have to do much special. If you have old notes and coins, then go to the CoinBazar website and open an account here. You have to fill in information like name, email, and address here. In a way, you have to register yourself as a seller. After this, you can auction your old notes and coins here.
Unique and old coins and notes
If you have a 10 rupee coin, which has a picture of Mata Vaishno Devi. You can sell such a coin at an auction for lakhs of rupees. If you have a 1 rupee note between 1977-1979, then you can earn up to Rs 45000. This 1 rupee note should have the signature of former Principal Secretary, Ministry of Finance, Hirubhai M Patel. These people did their work under Prime Minister Morarji Desai in 1977-1979.
At the same time, ONGC’s 10 commemorative 5 rupee coins are being auctioned for Rs 200. Along with this, a 100 rupee note with a rare numerical series is also being sold. The series of this note should be 000 786, and it should have the signature of former RBI Governor D Subbarao. Such a note is being sold for Rs 1,999. Some notes and coins are being sold for more than Rs 40,000.
If you have a unique and old Rs 10 note, you can sell it for Rs 25,000 in a few minutes. This note should have a picture of the Ashoka Pillar on one side and a boat on the other side. This note was issued in 1942 during the British rule in India. It should be signed by the then RBI Governor, CD Deshmukh. 10 rupees should be written in English on both sides of the note. If you have such a note, you can sell it on the website.
What is the CoinBazzar website?
CoinBazzar’s website is a website that studies or collects coins, tokens, paper currency, medals, and related items. This website claims to buy old and unique notes and coins.
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What does RBI say about this?
You will be surprised to know that the Reserve Bank of India (RBI) prohibits the purchase and sale of old notes. However, there are platforms mentioned above that sell old notes and coins. Keep in mind that you have to be very careful while selling notes. Otherwise, you can also be cheated. Get complete information before selling old notes and coins.