Sunday, June 16, 2013

Numismatics: Coin Collection or Investment



What is Numismatics?

Collection of coins, Bank Notes, Minting error coins, old coins etc., above are called Numismatics.

Why Collect Coins:

There are “N” number of reasons why you might have collect a coins. Every collector will have unique reasons; most of the people collect coins in the hope that they will get more money in future from investment. Other than investment its hobby, get better idea about history, you can learn about other country etc.,

Investment:

It’s really an investment if you start collecting rare coins, common coins are not greatly appreciated its not good investment choice, on daily basis coin collectors increasing in numbers but rare coins? So everybody will keep an eye on old and rare coins. But it’s a long term investment. You cannot expect income in overnight. It’s a billion dollar industry world wide.
So collecting coins is an Investment not an expense!  

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