Is Indira Gandhi coin rare?
5 rupees Indira Gandhi coin was launched in 1985. There is so much miss information on internet about this 5 Rupees coin of Indira Gandhi. Many people on internet spread fake news about this 5 rupee coin, the value that told on their videos that this coin can be valuable up to 5 Lakhs to 2 Crore.
What is the value of 5 rupees Indira Gandhi coin?
Features
| Country | India |
|---|---|
| Period | Republic (1950-date) |
| Type | Circulating commemorative coin |
| Year | 1985 |
| Value | 5 Rupees 5 INR = 0.07 USD |
How can I sell my Indian coins?
First, you need to visit the official website of indiamart.com which facilitates buyers and sellers to trade directly on these coins. Then, you will have to register yourself on the official website. After that, you have to click a picture of your coin, and put it for sale on the website.
Where can I exchange coins for cash in India?
The RBI Offices, where Issue Department is functioning, offer the facility to members of the public to exchange their notes including soiled and mutilated notes and coins including uncurrent or worn out coins. The Bank is committed to provide exchange facility free of cost at its counters during business hours.
Where can I sell my old coins for the best price?
Best places to sell coins online
- CoinsForSale.com Only 5% to sell. No listing fee.
- Heritage Auctions 10% fee. Consignment program.
- Ebay 10% fee plus listing fees. Wide audience.
- Apmex Well known. But won’t pay until after you’ve shipped your coins.
- Modern Coin Mart Won’t pay you until after you’ve sent them your coins.
Is it legal to sell Indian coins?
As per the Antiquities and Art Treasures Act, 1972, any manuscript, coin, sculpture, painting etc which dates back to 100 years and above is an antique. Although this act do not talks about selling or imitation of antique but in general it is not allowed as per criminal laws of India.
Is selling coin legal?
Answers (1) Yes you can sell old coins and notes in India and you can do so even online websites like eBay etc. However they can be sold like goods and to people like coin collectors and won’t be a legal tender for exchange.