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<p>[QUOTE="cladking, post: 2358151, member: 68"]I used to correspond with several Indian collectors back in the '80's and '90's. At that time there was virtually no infrastructure to support coin collecting. Even larger cities lacked coin shops! I did know one Indian dealer who used to come to US coin shows in the late-'80's who may still be active. I regret now that I didn't buy him out since he had tons of sets and special coins. </p><p> </p><p>People don't appreciate just how dramatically the Indian market has changed. A 1963 mint set that listed at $4 and couldn't be given away a few years ago now lists for $4500 and is highly sought. I'd assume there must be a few coin shops now. </p><p> </p><p>I think there is still a tremendous potential in some of the early coinage from the 1950's. You have to be careful here because some dates are in collections in the US but it's only some dates. </p><p> </p><p>Prices have risen a lot and growing pains might come into play. There are some coins "out in the wild" and it could take several more years to separate the wheat from the chaffe. In the meantime I really like circulating coinage that is really choice BU and better date aluminum.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 2358151, member: 68"]I used to correspond with several Indian collectors back in the '80's and '90's. At that time there was virtually no infrastructure to support coin collecting. Even larger cities lacked coin shops! I did know one Indian dealer who used to come to US coin shows in the late-'80's who may still be active. I regret now that I didn't buy him out since he had tons of sets and special coins. People don't appreciate just how dramatically the Indian market has changed. A 1963 mint set that listed at $4 and couldn't be given away a few years ago now lists for $4500 and is highly sought. I'd assume there must be a few coin shops now. I think there is still a tremendous potential in some of the early coinage from the 1950's. You have to be careful here because some dates are in collections in the US but it's only some dates. Prices have risen a lot and growing pains might come into play. There are some coins "out in the wild" and it could take several more years to separate the wheat from the chaffe. In the meantime I really like circulating coinage that is really choice BU and better date aluminum.[/QUOTE]
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