Delhi man collected rare coins and notes.

Ravi Somani then joined Delhi Coin Society to understand more about such collection and value of such items. As he developed knowledge and more information, Ravi Somani increased his collection in a scientific way. Now Ravi Somani is well known Numismatic in the collectorscircle in India.

Coins Collection Tips Ravi Somani

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.

The collector must be conscious of the market value of the coin for the purpose of investment. The supply and demand of the coins depend upon the availability of the coins, in the market. More the coins, less will be the price incurred and rare coins fetch more money. On the other hand the interested collectors, who want to own the coins, also affect the market price of the coins.

Apart from the investment, one feels the ecstasy of collecting the coins which were used by the ancients - may be the kings or the queens. These coins take oneself backward in time and one can have the pleasure to own his inheritance.

 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.

The collector must be conscious of the market value of the coin for the purpose of investment. The supply and demand of the coins depend upon the availability of the coins, in the market. More the coins, less will be the price incurred and rare coins fetch more money. On the other hand the interested collectors, who want to own the coins, also affect the market price of the coins.

Apart from the investment, one feels the ecstasy of collecting the coins which were used by the ancients - may be the kings or the queens. These coins take oneself backward in time and one can have the pleasure to own his inheritance.

Coins Collection | Indian Coins Tips For Collectors Ravi Somani

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.

Ravi Somani BizMan Collection Of Indian Currency During British Rule

 Indian Currency during British Rule

In the late 7^th century, the pure form of gold, silver, copper and bronze coins were used as the currency of India without any religious belief. Later, the denominations engraved coins were introduced in India which was known as the punch-marked coins. In 18^th century, the British Government grabbed control over India and introduced the first paper currency. Immediately, after overtaking the power, the native images from the coins were replaced by the Victorian portraits.

Ravi Somani Delhi had indulged in collections ofthe antique coins and notes from his early childhood days. Starting from the year 1835till date, he has most of the significant information regarding Indian currency. He has a hobby of collecting autographs of renowned figures too. The East India Company coins were issued by the British in the year 1858 with portraits of Queen Victoria.

Later, the coins were issued along with the portraits of Edward VII from the year 1903 to 1910. There was no coin introduced by the British during the brief domination of Edward VIII.  In the year 1911, the portraits of George Emperor took possession over the British Indian coin and ended with George VI in 1947. RaviSomani has tremendous zeal on studying all coins and paper money, issued in India by the British Government. 

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Ravi Somani Collection Of Old Coin in Delhi/India

Understanding and finding out the best coins used throughout India during the historical period can really be as much complex as knowing about the history of India. But the famous old coin collectors in India have this knowledge and therefore they can easily differentiate the coins and their importance. Mr. Ravi Somani is one of the renowned Indian coin collectors, who have a great collection of Indian coins and notes. Now let’s have a look at the ways to differentiate different types of old coins. 

·         Very good coins: These coins that continued to be less in the circulation, but which are legend on the obverse and the reverse parts are legible without taking the help of the magnifying glasses. The figure and the letters should be tangible in case it is touched by your index finger. Besides, there should not be any denture or cut marks and these should not spot any chemical. These coins are the most valuable ones, so these should be kept very carefully as these lose their luster and shine by rubbing with each other.

·         Good coins: These coins remain in much circulation but these are mainly legend on both the sides and these are quite easily legible. These have no denture or the cut mark on these coins.

·         Un-circulated or UNC coins: These are basically meant for the daily use by the general public. These are mainly used by the Reserve Bank of India. All these coins are mainly uncirculated during the time of issuance. These coins are mainly issued by the collectors of the India Government Mints.

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