The term Coin comes from the Latin term
“cuneus” and it is supposed that the first noted draw on coins was witnessed in
China and Greece approximately in 700BC. A coin is a chunk of metal of an
authorized mass, designed and created under the restrictions of an
authorization for its utilization as a means of exchange and also for
commercial transactions. Thus it becomes an essential element of our
livelihood.
The East India Company commenced
homogeneous coinage in the 19th century, and later on, these coins were
emulated by the contemporary nation states of Pakistan, Republic of India,
Bangladesh and Sri Lanka. Numismatists play an important role in shaping
precise phase of Indian ancient history.
Collection of rare, obsolete and old coins
is a fascination and an elite pursuit and which has secured extreme recognition
in the era of last century.
The name, Ravi Somani mounts higher because
of his contribution in the field of Numismatics. He is a Delhi based
businessman and a very popular Numismatist. As an intending guide to his
fellowmen, he lays out certain things to be kept in mind for the collectors.
Ravi Somani, coins collection and paper money collection is massive and
exclusive. According to him, initially, a prospective collector must know that
which coins are wise to be purchased or collected and what earnings or
shortfall are expected in his venture. He must be aware as to where he could
collect the coins from.
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