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Friday 4 July 2014

Coin Collecting hobby – Ravi Somani

Coin Collecting hobby – Ravi Somani

The Hobby of coin collection collecting the rare, old and obsolete coins of different times is considered as the extremely educative and fascinating hobby that has gained immense momentum and popularity in the course of the last century. There are around 130 types of old coins available across the globe and among them 40 types of coins are from India. Almost every ruler of India has issued some unique coins that are available in different types of sizes, shapes, denominations and weights and in different types of metals like silver, brass, gold and other different types of metals. After that, notes made of paper were invented during the time of the British rulers. About the details of the coins and notes The coins of the earlier times used to be die-struck manually. Therefore, there were not created in the uniform design and shape. Besides, in the earlier times, the coins used to be die-struck or cast in only on one side. Thus, these were uniface and marks incused on the single side. This is the reason why these are known as the punch mark coins. These types of coins were available till 300 BC. Similarly, in the very beginning the notes were also printed on one side. These notes were known as the Uniface notes. Besides, earlier the notes were also available only in smaller sizes to save the usage of paper. The bundle of these notes was available in available in 25 packs. and not in the 100 pcs. like the present time.v 

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