Author Topic: Need help in getting market value for my collection  (Read 7889 times)

0 Members and 1 Guest are viewing this topic.

Offline SpeedyKol

  • New Member
  • *
  • Posts: 14
Need help in getting market value for my collection
« on: February 01, 2016, 03:53:03 AM »
Dear Sir,
Following is my collection which I would like to sell through auction. Would like to know the market rates for the following:


1 Pound UK 1983 Elizabeth II

1 Qtr Anna
Victoria 1879,1882,1894,1901
Edward VII 1904, 1905, 1907, 1908,1910
George V 1912, 1913, 1916, 1919, 1926-29,1933-36
George VI 1938-1942

1 Pice 1950, 1953, 1954
1/2 Pice 1924 George V
1/12 Pice 1942 George VI
1 Pie Sikka Bengali

1 Anna
1907-10, 1912-14

1/4 Rupee
1/4 Rupee 1930 George V
1/4 Rupee 1939 George VI
1/4 Rupee 1943 George VI

1/2 Rupee 1934 George V King Emperor
1 Rupee 1919 George V
1 Rupee 1917 George V
1 Rupee JL Nehru 1889-1964
1 Rupee 1907 Edward VII
1 Rupee George VI 1947 with Tiger
1 Rupee 1989 Centenary J L Nehru
1 Rupee 1985
1 Rupee Rajiv Gandhi 1944-91
1 Rupee Saint Dnyaneshwar 1274-1296
1 Rupee 15 years of ICDS
2 Rupee Sri Aurobindo 1998
1 Ek Paisa 1964
1 Naya Paisa 1961
1 Rupee Gandhi 1869-1948
1 Rupee Govt of India 1950
1 Paisa 1971
2 Naya Paisa 1958
2 Naya Paisa 1959
5 Naya Paisa 1962

2 Paisa
1958, 1959, 1964, 1967, 1971-73, 1975 1977

5 Paisa
1961, 1962, 1967, 1971, 1976, 1983, 1987
3 Paisa 1966, 1967

10 Paisa
1957-1959, 1961-67,1970,1987,1991

20 Paisa Mahatma Gandhi
20 Paisa Lotus 1970 1971
25 Paisa 1975
50 Paisa Indira Gandhi 1917-1984

PAPER CURRENCY (NOTES)
1 Rupee S. Venkataramanan Govt. Of India
2 Rupees R. N. Malhotra, Tiger
2 Rupees  Manmohan Singh Bundle

Offline dheer

  • Moderator
  • Honorary Member
  • *****
  • Posts: 3 085
  • Indian Coins & Currencies
    • Coins of Republic India
Re: Need help in getting market value for my collection
« Reply #1 on: February 01, 2016, 04:48:23 AM »

1 Rupee JL Nehru 1889-1964
1 Rupee 1989 Centenary J L Nehru
1 Rupee 1985
1 Rupee Rajiv Gandhi 1944-91
1 Rupee Saint Dnyaneshwar 1274-1296
1 Rupee 15 years of ICDS
2 Rupee Sri Aurobindo 1998
1 Ek Paisa 1964
1 Naya Paisa 1961
1 Rupee Gandhi 1869-1948
1 Rupee Govt of India 1950
1 Paisa 1971
2 Naya Paisa 1958
2 Naya Paisa 1959
5 Naya Paisa 1962

2 Paisa
1958, 1959, 1964, 1967, 1971-73, 1975 1977

5 Paisa
1961, 1962, 1967, 1971, 1976, 1983, 1987
3 Paisa 1966, 1967

10 Paisa
1957-1959, 1961-67,1970,1987,1991

20 Paisa Mahatma Gandhi
20 Paisa Lotus 1970 1971
25 Paisa 1975
50 Paisa Indira Gandhi 1917-1984

PAPER CURRENCY (NOTES)
1 Rupee S. Venkataramanan Govt. Of India
2 Rupees R. N. Malhotra, Tiger
2 Rupees  Manmohan Singh Bundle

All of the Indian coins are pretty common. If you sell it to a dealer, you may get around Rs 2 - Rs 5 per coin. If you sell directly to buyer you may be able to get around Rs 20 to Rs 50 per coin.

Auction houses will not be interested in this Indian collection, except for the Manmohan Singh Bundle. If it good condition should fetch around Rs 1000/-
http://coinsofrepublicindia.blogspot.in
A guide on Republic India Coins & Currencies

Offline Bimat

  • आदित्य
  • Global Moderator
  • Honorary Member
  • *****
  • Posts: 11 312
  • Mumbai, India.
Need help in getting market value for my collection
« Reply #2 on: February 01, 2016, 07:07:39 AM »
Please note that this place is not for evaluation of market price etc. Also, price you will get for these will depend on a number of factors like country you live in, current trends in market, how effectively you reach potential buyers etc...

Aditya
It is our choices...that show what we truly are, far more than our abilities. -J. K. Rowling.

Offline SpeedyKol

  • New Member
  • *
  • Posts: 14
Re: Need help in getting market value for my collection
« Reply #3 on: February 01, 2016, 08:22:24 AM »
Please note that this place is not for evaluation of market price etc. Also, price you will get for these will depend on a number of factors like country you live in, current trends in market, how effectively you reach potential buyers etc...

Aditya
Please suggest the appropriate place/thread for the same if this is violating the rules of the forum.

Offline SpeedyKol

  • New Member
  • *
  • Posts: 14
Re: Need help in getting market value for my collection
« Reply #4 on: February 01, 2016, 08:26:02 AM »
All of the Indian coins are pretty common. If you sell it to a dealer, you may get around Rs 2 - Rs 5 per coin. If you sell directly to buyer you may be able to get around Rs 20 to Rs 50 per coin.

Auction houses will not be interested in this Indian collection, except for the Manmohan Singh Bundle. If it good condition should fetch around Rs 1000/-
Am from India. Will try to get these auctioned. The Annas are being sold for quite a lot on ebay and other auctions.

Offline Pabitra

  • Honorary Member
  • *****
  • Posts: 2 113
Re: Need help in getting market value for my collection
« Reply #5 on: February 01, 2016, 10:32:24 AM »
Either try eBay or local numismatic club.

Offline dheer

  • Moderator
  • Honorary Member
  • *****
  • Posts: 3 085
  • Indian Coins & Currencies
    • Coins of Republic India
Re: Need help in getting market value for my collection
« Reply #6 on: February 01, 2016, 12:37:29 PM »
Am from India. Will try to get these auctioned. The Annas are being sold for quite a lot on ebay and other auctions.

I was speaking of Republic India coins. Yes British India may fetch more price; I don't do British India and hence can't comment on price.
http://coinsofrepublicindia.blogspot.in
A guide on Republic India Coins & Currencies

Offline Afrasi

  • Moderator
  • Honorary Member
  • *****
  • Posts: 2 495
  • To do is to doo be dooh ...
Re: Need help in getting market value for my collection
« Reply #7 on: February 01, 2016, 10:46:00 PM »
Either try eBay or local numismatic club.

I second this.  :)

Offline SpeedyKol

  • New Member
  • *
  • Posts: 14
Re: Need help in getting market value for my collection
« Reply #8 on: February 01, 2016, 10:52:45 PM »
What about the auction houses?

Offline Bimat

  • आदित्य
  • Global Moderator
  • Honorary Member
  • *****
  • Posts: 11 312
  • Mumbai, India.
Need help in getting market value for my collection
« Reply #9 on: February 04, 2016, 06:47:53 AM »
Auction houses are very unlikely to sell 'not so expensive' coins as money raised is not worth the efforts involved. Also, they will charge you some fees if they agree to sell your coins (and if coins get sold).

Aditya
It is our choices...that show what we truly are, far more than our abilities. -J. K. Rowling.

Offline SpeedyKol

  • New Member
  • *
  • Posts: 14
Re: Need help in getting market value for my collection
« Reply #10 on: February 16, 2016, 09:36:41 AM »
Got an offer for 5 naya paisa and 2 naya paisa at Rs.2000 each. What is the market value?

Offline unnut

  • New Member
  • *
  • Posts: 24
Re: Need help in getting market value for my collection
« Reply #11 on: February 16, 2016, 02:28:14 PM »
Got an offer for 5 naya paisa and 2 naya paisa at Rs.2000 each. What is the market value?

If someone is giving you an offer without seeing the pictures, then in all likelihood it is a scam. So tread carefully.

I looked at the most recent coin values from Krause's/ Marudhar's South Asian Coins and Paper Money book, and the value offered to you seems to be many times over the market value, which makes me even more suspicious. If I were you, I will get do an in person transaction.

Offline SpeedyKol

  • New Member
  • *
  • Posts: 14
Re: Need help in getting market value for my collection
« Reply #12 on: February 16, 2016, 08:43:05 PM »
If someone is giving you an offer without seeing the pictures, then in all likelihood it is a scam. So tread carefully.

I looked at the most recent coin values from Krause's/ Marudhar's South Asian Coins and Paper Money book, and the value offered to you seems to be many times over the market value, which makes me even more suspicious. If I were you, I will get do an in person transaction.
I will go for a face2face transaction only. By the way,here is a part of my collection.

Offline Bimat

  • आदित्य
  • Global Moderator
  • Honorary Member
  • *****
  • Posts: 11 312
  • Mumbai, India.
Need help in getting market value for my collection
« Reply #13 on: February 17, 2016, 04:09:42 AM »
Buyer seems to be ignorant about correct prices. Now it depends on you whether you want to sell these for this price knowing that they are not that worth...For this condition they are definitely not worth 2k each!

BTW this forum is really not meant for discussions like this, I'll leave it upto administrator to decide further.

Aditya
It is our choices...that show what we truly are, far more than our abilities. -J. K. Rowling.

Offline SpeedyKol

  • New Member
  • *
  • Posts: 14
Re: Need help in getting market value for my collection
« Reply #14 on: February 17, 2016, 05:40:06 AM »
Buyer seems to be ignorant about correct prices. Now it depends on you whether you want to sell these for this price knowing that they are not that worth...For this condition they are definitely not worth 2k each!

BTW this forum is really not meant for discussions like this, I'll leave it upto administrator to decide further.

Aditya
Even I have been thinking so. Probably its a scam. Lets see how things roll.