are these Indian coins rare?

Discussion in 'World Coins' started by spiraltreet, Jun 20, 2005.

  1. spiraltreet

    spiraltreet New Member

    hello friend, anyone tell me whether these Indian coins are rare and its worth.. it was given to me by my friend.. He gave me some two hundred Indian coins like these. The attachment is not seen... may be the file is big.. but right click and download it... please let me know about it...
     

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  3. GDJMSP

    GDJMSP Numismatist Moderator

    I'm afraid we can't download it or view it since you tried to attach the file. You can email the pics to me though and I'll post them for you ;) gdjmsp@qwest.net
     
  4. spiraltreet

    spiraltreet New Member

    i've just mailed the pictures to u... plz post them here for me.... i'd be thankful..
     
  5. GDJMSP

    GDJMSP Numismatist Moderator

    Here ya go -

    [​IMG]
     
  6. spiraltreet

    spiraltreet New Member

    Thanx moderator for helping me.. that is nice...
     
  7. SilverDollarMan

    SilverDollarMan Collecting Fool

    I can't tell but they don't look like coins, maybe tokens or commmems

    PS I really can't see them clearly
     
  8. cladking

    cladking Coin Collector

    Modern Indian coins could have explosive price gains over the next
    couple of decades. Like most coins from the latter half of the 20th
    century they have attracted very little interest. This has allowed the
    vast majority to go into circulation and wear. Now the government is
    withdrawing all these small denomination coins and destroying them.
    Some will be very common because a small investment would enable
    a single person to set aside enough coins to assure they are common,
    but some dates are likely to have been overlooked alltogether. I spent
    years trying to locate an early issue 1r in unc. I was able to get a cou-
    ple of AU+'s but it took much more work to find an unc.

    The Indian economy has been growing at an incredible rate for decades
    and if the people ever decide to collect these coins they'll find few av-
    ailable for many types and dates. With a population around a billion and
    mintages of some of the earlier moderns around ten thousand you have
    figure the potential is very high. Take the '69 10r for example. This coin
    depicts The Mahatma who was one of the greatest men of all time and
    was instrumental in winning independence for India. The coin is silver
    and had a mintage around 83 hundred if memory serves. There was an
    uncirculated version with a substantial mintage. Many of the proofs were
    sold or shipped to the US which decreases the number available domestically.
    The uncs are not seen at all (at least in the US). Some of he early aluminum
    issues will prove even more elusive. These are quickly destroyed in circula-
    tion and can be difficult to find in any grade.

    It's tough to tell from the picture but I'd hang on to anything that's unc.
     
  9. spiraltreet

    spiraltreet New Member

    friends, as I am Indian, i know whether it is real coins or not.. They are real. But i dont know its worth. The uncirculated Aluminium coins are available in the Indian market. But the dealers dont keep them from wear and tear due to their low market. Hence, even for uncirculated coins, some scratches will be there. The fact is that you wont be able to classify them as uncirculated. The can be termed 'extra fine'.
     
  10. satootoko

    satootoko Retired

    In that case, please list the face value (denomination) and issue date of each one, which will make it much easier for us to look them up in the Standard Catalog of World coins, and estimate their individual value. I can see dates on some of them, but nothing that I recognize as a denomination, and the coins are sorted in the catalog by denomination.
     
  11. cladking

    cladking Coin Collector

    I was referring mostly to the older aluminum issues, especially those from the 1950's and '60's. I know some of these are quite common in typical unc but at least here in the US some are virtually impossible to find or can't be found in nice choice unc. Are these all available in India?

    I've traded and corresponded with several Indian collectors and they couldn't locate some of these for me either. Perhaps they didn't have enough incentive though. There's not much profit in most of these coins since even the apparent rarities catalog for less than a dollar.
     
  12. spiraltreet

    spiraltreet New Member

    the picture contains 1 Rupee coins only... if needed i'd send you pictures of Aluminium coins also....
     
  13. spiraltreet

    spiraltreet New Member

    i got all the varieties of 5paise with me.. And i know some local people who can get some fine 5ps. coins.. and as you said, though they are cheaper, they are very difficult to get in good condition... as they would start decay as soon as they come in contact with air....
     
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