Although it is very difficult to earn money, some people run after money like ghee for butter, not knowing that they have valuable things like treasure. Some people are interested in collecting antiques, old currency notes and coins. You have often read news about getting lakhs of rupees in exchange for old currency notes and coins. If you also have old coins, you can get lakhs of rupees in return. That way if you have this rare one rupee coin you can earn tens of crore rupees in coin way and become a millionaire.
If you have a rare rupee note, you can become a millionaire sitting at home. You have a good chance to earn extra money during this time. You don’t have to do much work for this. Just upload a photo of your coin. An old 1 rupee coin gathering dust in your wallet or purse can open the door to earning you crores of rupees.
You just have to make sure that the said currency fulfills certain requirements and conditions. It’s not just currency. The old 1 rupee coin listed above was sold at an auction for Rs 10 crore. It is a coin of British era which was minted in 1885. So, if you have a similar coin, you can sell it by listing it in an online auction for Rs. You can try your luck to earn 10 crores.
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Below is the procedure for auctioning old rupees or coins:
1. First visit India Mart official website www.indiamart.com.
2. Take a clear picture of the note you want to sell.
3. Upload it to the website.
4. The company will display an ad to sell your coin to customers.
5. Interested people will contact you once the advertisement is published.
6. You can negotiate and contract for sale.
In August this year, the Reserve Bank of India issued a warning against online buying and selling of old notes and coins. The RBI said in a statement, “Some people are fraudulently using the name/logo of Reserve Bank of India and demanding fees/commission/taxes from the public in transactions related to purchase and sale of old currency notes and coins through various online and other entities.”
The Reserve Bank of India further stated that in connection with the sale, the Reserve Bank never demands fees or commissions and does not engage in such matters. It has also clarified that RBI does not authorize any organization, business, individual etc. to collect fees or commissions on its behalf in such transactions.
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