Wednesday, November 17, 2010

Indian 25 Paise Coin

Indian 25 Paise Coin

Because of the inflation, the value of money may be gone down but the value of small denomination coins like 50 paise and 25 paise has gone up.

The 25 paise coin which is of now no value in buying anything has become the choice of coin collectors. Indian 25 paise coin is now the asset class and coin investors invest in it for great profits.

According to Times of India,

"Just like you have kabariwallahs buying old newpapers and other disposables, the coin collectors also do the rounds of shops, temples and houses in search of coins.
Payment is made on the spot. While 100 one rupee coins of the heavier variety fetches Rs 140, the later version (minted in the 80's and early 90's) sells for about Rs 110," says a paanwallah who carefully segregates the older coins from the new before handing over 'change' to customers.

The costliest item is the old 25-paise coin which is hardly seen today. Rs 100 worth of these 25 paise coins fetches Rs 160 while 50 paise coins (Rs 100 worth) sell at Rs 120.

Well, Yes. The value of 25 paise coins is not going down but basically going up and up day by day. Small denomination coins are now the choice of collectors and coin investors.

So if you have 25 paise coin than preserve it. After all who knows the future? May be this small coin make you a Fortune?…!!!

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