Selling old coins: To sell a 1 rupee coin for 1 lakh rupees there must be certain conditions or qualities that make the coin unique or collectible. Here are some ways you can sell such coins at a higher price:
1. Rarity and historical significance of the coin
– Rare Coins: If your ₹1 coin is rare, like from a very old era, a limited number or from a particular year, it can be worth a lot.
– Defective coins: Minting errors or printing mistakes can increase the value of a coin.
2. Collectable value
– Collectors: Coin collectors are often looking for rare and historic coins. You can sell your coins to such collectors.
– Auction: Display your coins in online and offline auction houses. Rare coins can sell for high prices at auction.
Online
– E-commerce websites: You can list your coins on websites like eBay, OLX and Quikr. Make sure you provide photos of the coin and all important information clearly.
– Social Media: Post coins for sale on Facebook, Instagram and other social media platforms. Join different collector groups and post there.
Selling a ₹1 coin for ₹1 lakh is not easy, but chances increase if the coin is rare, historic and unique. Get proper evaluation, certification and try to sell it on proper platform. Unique and rare coins are in high demand among collectors, allowing you to sell them at a high price.
