Investments

A Closer Look at Investing in Coins.

No matter how much money you are earning, if you are saving any, it’s always a good idea to Invest it in a good scheme. Although most people lean towards popular Investment options like mutual funds, fixed deposits, and even gold, there are many less-popular markets too that can offer high returns. Numismatics is one of them. There are many reasons why people are now looking towards alternative Investments. Alongside things like property Investments, one of the big forms of alternative investing has been in coins. People who collect coins can amass a huge number of small investments that are all increasing in price. It’s easy to see why many people are drawn to this solid and reliable asset. But it’s important to know everything before investing your money. It’s important for collectors to take advice from experts or reputed dealers. Further it’s suggested to purchase and/or get your investment appraised by a reputable dealer like SNS Coins or likes. If you’re looking for ease and simplicity, investing in coins might just be the best decision you ever make. Believe it or not, collecting coins can be fruitful. Not only do many coins gain value, but if you decide that collecting is not for you after trying it, you will likely get all of your investment back, a rare occurrence when it comes to most investments. Prices of some coins may fluctuate with metal prices. Fortunately, those metal prices tend to rise regularly.

You’re in Control

There is nothing in between the coin in your hand and the tangible value of it. Whereas if you invest in a company, there are all kinds of managers and workers who you have to rely on to secure that company’s value. If that manager makes a poor decision and the company takes the company into financial turmoil, you will pay for it. And there’s nothing you can do about that. This is one of the big risks of investing in a business as opposed to an actual physical asset. Investing in coins basically means not having to rely on other people too much. And that can only be a good thing for the sake of your long-term investments. 

Return on Investment

The numismatics market used to have a limited reach in India. Only a small percentage of the population was active in the industry which is why the returns weren’t that high either. However, in the past few years, the market has picked up the pace, and how fast! The prices of rare and antique Indian coins have increased considerably today which is why it’s the perfect time to jump in with both feet. To take an example, the price of the “last pure silver coin” i.e. the 1939 one-rupee silver coin was selling for around Rs. 7.5k in 2007. However, if you will check the current rates, you won’t find a price lower than Rs. 3.5 lakhs. In the same way, the British India Victoria Gold Mohur was selling for around 35,000 in 2007. Today, the same coin is flying off the shelves for Rs. 2 lakh a piece. Collectibles are fast becoming a popular investment vehicle for those who have lost trust in the public stock markets or are tired of fluctuations. Collectible coins allow an investment to appreciate in value over time, which appeals to investors. Rare coins are considered to be a commodity-like investment where sentimental value may exist, but coins are something that can surely produce attractive financial returns. As rare coin prices have risen over the generations, type coin collecting has become increasingly popular, especially as prices for scarce and rare dates within a series have climbed so high. However, don’t expect good short-term returns. Also, coin investments aren’t high in liquidity. So, adjust your collectibles accordingly. Good luck!