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<p>[QUOTE="cladking, post: 1729236, member: 68"]India prices have exploded in the 2014 Krause. The 1954 set is now $4,000!!! The real winner is the 1967 mint set that went from $11 to $4000. </p><p><br /></p><p>It's not to late to collect India but it has gotten very risky to speculate in India. The market still hasn't worked out the rare from the common so their are some very common coins sporting prices of several dollars now instead of several cents. If you collect you'll qickly learn what's easy and tough but if you speculate you'll end up with large quantities of very common coins. I still like the Uncs more than the proofs and especially the older ones with high mintages in Gem. Indian coins are often poorly made and many will have a rub. Cu/ ni can be well made but these are more prone to being slightly circulated. It appears the attrition on mint sets has been extremely high but mint sets will always represent at least a small supply. The winners will be those that have no supply. Most will probably be dated between 1950 and 1964 but there will be numerous scarce coins up until pretty modern times. </p><p><br /></p><p>I like Gems because they are tough. I suspect a lot of the Gems that are seen came from mint sets but, incredibly, I've never seen an Indian mint set of any date. They were probably sold primarily in India. The proofs are more of a known quantity but the attrition rate is probably fairly high on these as well. I have seen proofs in junk boxes. All the packaging seems fairly stable except for the 1969 which is poor. </p><p><br /></p><p>The one Rupee coins didn't go up much but they all appear to be pretty tough. Only the '70 was recognized as to its scarcity and it went up to $200 in nice choice condition. You're lucky to find it even in AU though. </p><p><br /></p><p>I've always liked India a lot and it's nice to see that the demand is picking up. It's a shame I didn't collect these more systematically so I had the rarities. Availability has always been spotty so collecting them has been tough anyway.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 1729236, member: 68"]India prices have exploded in the 2014 Krause. The 1954 set is now $4,000!!! The real winner is the 1967 mint set that went from $11 to $4000. It's not to late to collect India but it has gotten very risky to speculate in India. The market still hasn't worked out the rare from the common so their are some very common coins sporting prices of several dollars now instead of several cents. If you collect you'll qickly learn what's easy and tough but if you speculate you'll end up with large quantities of very common coins. I still like the Uncs more than the proofs and especially the older ones with high mintages in Gem. Indian coins are often poorly made and many will have a rub. Cu/ ni can be well made but these are more prone to being slightly circulated. It appears the attrition on mint sets has been extremely high but mint sets will always represent at least a small supply. The winners will be those that have no supply. Most will probably be dated between 1950 and 1964 but there will be numerous scarce coins up until pretty modern times. I like Gems because they are tough. I suspect a lot of the Gems that are seen came from mint sets but, incredibly, I've never seen an Indian mint set of any date. They were probably sold primarily in India. The proofs are more of a known quantity but the attrition rate is probably fairly high on these as well. I have seen proofs in junk boxes. All the packaging seems fairly stable except for the 1969 which is poor. The one Rupee coins didn't go up much but they all appear to be pretty tough. Only the '70 was recognized as to its scarcity and it went up to $200 in nice choice condition. You're lucky to find it even in AU though. I've always liked India a lot and it's nice to see that the demand is picking up. It's a shame I didn't collect these more systematically so I had the rarities. Availability has always been spotty so collecting them has been tough anyway.[/QUOTE]
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