![]() ![]() I’ve also included coins in three piece groups: inexpensive coins ($50 to $1,000 for Gem quality examples), moderately priced coins ($1,000 to $10,000) and expensive (or, “Big Boy”) coins (over $10,000). My rare coin price list has at least one coin from each of the five major areas of the market: type coins, rare gold, silver dollars, 20th Century singles, and silver commems. Here are the criteria I used for my list: Let’s call it “The Top 10 All-Time Rare Coin Price List.” These are the top 10 quality examples from the five most active, most liquid, most popular, and best performing areas of the rare coins market. I have compiled a rare coin price list that I feel represents the rare coin market’s 10 best bets for short-term, medium-term and long-term potential. But what are the best coins in this group? What are the very best coins to have in your portfolio? rare coins that are appropriate additions to any portfolio being built for maximum profit potential. As the saying goes, a collector never finds a rare coin it’s always a rare coin that finds a good collector.ĭon’t miss out on ET Prime stories! Get your daily dose of business updates on WhatsApp.Part 4 – The Top 10 All-Time Rare Coin Price List: There are several thousand U.S. New collectors are advised to exercise caution while buying rare coins on portals or through unregistered sellers. While collectors are hopeful of hitting richer treasure troves in the years to come, there are concerns over widespread circulation of forged coins and notes. ![]() "The supply of rare coins will increase once people realise the value of their holdings." "India has a long history of coins and currencies… There are coins locked in attics and old trunks of people, waiting to be found and identified," said Sushil Agarwal, CMD of Mintage World. ![]() Supply is set to increase, said one expert as people take a look at possessions long forgotten. Top-grade antique coins (with deep-strike, on-centre imprints) command a value. Coins with unusual shapes, such as octagonal ones issued by Shahs of Malwa, and those issued in momentous years are also coveted by many. "Coin collection is the only hobby that pays back… If you keep good quality coins, you’ll fetch good price for it 10-15 years later."Īccording to Bimal Trivedi, a numismatist at the online Mintage World museum, the rarity of a coin depends on many factors.Ĭoins issued by long-reigning emperors and in the name of women (Razia Sultan, Noorjehan, Naganika) are considered rare by collectors. There are also people who buy rare coins as an investment," said Rajenden Maru, CEO of Marudhar Arts, a Bangalore-based auctioneer. "There are buyers across economic strata. Some are not just collectors or hobbyists, they’re looking for something that will appreciate in value over the years. That buyer can typically expect to pay service tax, value added tax and a ‘hammer commission’ of about 10-12% to the auctioneer.īut it’s not just the super rich who’re into collecting currency. We also get high-value buyers for our gold mohurs and other special coins."Ī collector bought a rare Mughal-era zodiacal mohur for more than Rs 1.4 crore at a Todywalla auction a few months ago. "In terms of sales, more coins are sold in the Rs 3,000 to Rs 20,000 price range. "Over 2,000 patrons register to participate in our online auctions," Todywalla said. The auctions are well-attended by collectors and hobbyists, he said. "Earlier, there were a lot of government-imposed controls… gold control, excise control etc… Laws are friendlier now." ![]() "We’re finding more collectors now," said Farokh Todywalla of Todywalla Auctions, India’s largest coin auctioneer by volume. ![]()
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