Are Indian rare coins undervalued?

Started by Harry, January 17, 2012, 07:32:54 PM

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Harry

Quote from: akona20 on January 18, 2012, 08:49:51 AM
Yes it does and that is why we have started to push for a change in the law in India. Cahnces of it happening are remote but given what happens at least we are prepared to try. We already know who is against us.

What exactly are you trying to change?

Quote from: Dr. Johnson C. Philip on January 18, 2012, 12:20:40 PM
Treasure-trove laws, and laws related to numismatics need to be explicit about what rights collectors have, what exactly can they do and what they are forbidden from doing.  Once such matters are clear, more buyers will come forward to buy coins and the principle of demand and supply will push rare Indian coins to their rightful value.

I'm sorry but I'm not farmiliar with the Indian law regarding finding of hoards/treasures. Does the current law state that such findings belong to the state/government?
Collector of British India, Straits Settlements, Malaya, East Africa coins and papermoney

Oesho

The tread start with a question:
QuoteDoes anyone know what the prices of the top 10 (or top tier) Indian coins sold at auctions in the past 5 years? If so what are some of them. How can I find this information?

This topic has earlier been discussed on this site. See also the 1000 Mohur
Most expesive Indian coins sold on an auction are a 5 Mohur of Akbar which sold for 125.000 Pounds and a ½ rupee of Ram Siya type which sold for $140.000.
These are the top most treasures of India.