Read this Before you Sell Old Coins and Notes

Read this Before you Sell Old Coins and Notes

Do you also want to sell your old coins and notes and have you commented on social media platforms such as YouTube and Facebook about this? Or have you received a message at whatsapp or facebook saying that we will purchase your old coins and notes or seen any youtube video or post at facebook saying we are the buyer of old currency and give you lakhs of rupees of your any old coin or note? If so, read this full post because we will explain how you can really sell your rare coins and notes, as well as which coins and notes are actually sold at high prices. Because it is important for you to know that every different looking old coin or note cannot get you lakhs or crores of rupees, so lets find out.

Rumours about Selling old Currency

Nowadays, on YouTube and on other social media such as Facebook or WhatsApp, people are being cheated on name of selling or buying old coins and notes. Some people have even made such fake videos on YouTube where it has been said that Our Prime Minister Shri Narendra Modi has launched a scheme to buy old coins and you have to contact the indian banks, along with this you must have seen some such videos on YouTube where it is said that Amitabh Bachchan or Akshay Kumar’s company will be buying your old coins and coins in lakhs and crore rupees. Apart from this, people are also being fooled by taking the name of Indian Coin Mill.

Neither our prime minister has launched such a scheme nor any famous personality has planned to buy old currency. These type of videos are only made to get more views and they do not care of anything so don’t fall into such traps.
On the other side, the Indian coin mill is an informative platform where we give information about rare currencies. We provide you with 100% real and genunie information about rare coins and notes after doing deep research. You will get only real and trustable information from the Indian coin mill website or our youtube channel.

What is Indian Coin Mill

Indian Coin Mill is a free platform that provides you the information about old currency. We always keep informing you about the things which are importent in currency collection, like telling you how to collect or preserve the old currency and the actual value of your old coins and notes also we keep informing you about the latest coin exhibition are happening in India where you can met new coin collectors and dealers who are selling and buying them from years and having good knowledge about these coins and notes which are actually valuable.

On the other side, Indiancoinmill.com is a 100% free platform where you can post ads of your old currency coins and notes and if another collector will be interested he can contact you by mail. Indian coin mill is just a classified platform like OLX or Quikr. Indian Coin Mill doesn’t Buy or Sell any type of old currency directly or indirectly. We just give you a plateform to show your collection to others and post them as a selling ad which is 100% free of cost and we never asked any charges or fees for that, so always remember that if anyone contacts you, that person will be an individual person who is intrested in buying your coins or notes and that person may also be a cheater or scammer asking you registration fees or transaction charge for buying your coins or notes. So never believe any person who takes our name Indian coin mill to buy or sell your old coins or notes, we never calls or message anyone or deal in anything. The buyers are individual persons who are watching your ads which you posted so be aware of cheaters.

Beware from fake Currency buyers

We don’t buy or sell anything and don’t give any contact number. We never call or message anyone from any number. A fake buyer using our logo design for cheating/scamming, beware of these kinds of posts on social media.

If you really want to sell your old coins and notes then you need to stop commenting on your number on social media that will be a big mistake. Most of the scammers do scam through your mobile number on social platforms, they will call or message you as a buyer Or ask you to contact them to their numbers and will agree to give a high amount of money for any common coin than they will ask you to pay a small number of fees like registration charge or transaction fees. Stop doing this, never post your mobile no. Social media like Youtube or Facebook. Also never give money to anyone for selling your old currency. A real buyer or coin collector will never ask for any money. Before you sell your coins and notes you need to understand that all coins and notes are not valuable. Don’t believe in any social media post or YouTube video that told you a high price of any common currency, do proper research. These days even bigger news media portals also spreading fake news so be aware don’t believe anything on the internet.

How to Know the real value about rare currency

If you want to know the real value of your old coins and notes you can follow our YouTube channel Indian Coin Mill as well as our blogs where we provide 100% real information about your old currency. Another side you can buy two books listed below are the “Indian Paper Money Guide Book” and Indian Coinage” that will be covered most of the common Indian coins and notes with their estimated values. You can buy these books from any bookstall in currency exhibitions or buy online from Amazon links are mentioned.

Here is the link to our blogs you get the full list of your old coins with the value.

How to Sell Rare Currency

If you really interested in Selling old coins & notes 1st you need to know which currency is rare that can give you a decent amount. Some of you collecting old coins & notes just to sell them without knowing its real value. If you really want to sell old coins & notes collect some rare Currency first.

List of some rare coins

  • 1 Rupee 1982 (6 gram) Bombay Mint – Price UNC ₹40,000, Fine To Extra fine ₹20,000 to ₹25,000
  • 1 Rupee 1991 (6 gram) Noida Mint – Price UNC ₹30,000, Fine To Extra fine ₹10,000 to ₹15,000
  • 1 Rupee 1970 Bombay Mint – Price UNC ₹7,000, Fine To Extra fine ₹4,000 to ₹5,000
  • 50 Paise 1957 Bombay Mint – Price UNC ₹60,000, Fine To Extra fine ₹20,000 to ₹30,000
  • 50 Paise 1959 Bombay Mint – Price UNC ₹60,000, Fine To Extra fine ₹20,000 to ₹30,000
  • 25 Paise 1980 Bombay Mint – Price UNC ₹40,000 (approx.), Fine To Extra fine ₹20,000 to ₹30,000
  • 1 Rupee 1985 Hyderabad Mint (अन्तरॉष्ट्रीय युवा वर्ष) – Price UNC ₹50,000, Fine To Extra fine ₹15,000 to ₹25,000

If you got any of these coin you can high value.

Currencies that are Viral On Social Media (Not Valuable)

  • 5 Rupees & 10 Rs Mata Vishno Devi Coin – Price UNC ₹15
  • 1 Rupee 1985 H Mark Coin in Copper Nickel – Price UNC ₹15
  • 5 Rupees Indira Gandhi Coin – Price UNC ₹50
  • 25 Paise Raino 1993 (rare) – Max Price UNC ₹4000 other Years Coin ₹5 to ₹100 Max
  • 5 Rupees tractor note Amitabh Ghosh sign – Max Price UNC ₹400 other common sign ₹5 to ₹100 Max

Now Let’s Talk about how you will Sell you got any rare coin. For Selling or Buying the best place is coin Exhibitions where you can find buyer or Seller both. You can also find currency buyer near your area many people will be interested in your coins and notes if got any rare once. For Information you read our article here > How Sell old Currency

So it was a Small Awareness article about Currency Selling, If you like this article Share to Others.

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