No there is no crime to keep antiques coins in India . You need to take permission but as per the Antiquities and Art Treasures Act, 1972′ deals with Antiques. 2. As per this act any manuscript, coin, sculpture, painting etc which dates back to 100 years and above is an antique.
Read moreHow can I convert coins to cash in India?
First, you have to deposit the digital currency into an exchange and then demand a withdrawal . The broker will transfer your money to the same bank account which you would have used to buy the coins. The deposit is made in the same bank account due to money-laundering laws.
Read moreDo banks take coins in India?
RBI advises the bank to accept the coins of every denomination . For mutilated and damaged notes RBI said the notes so presented shall be accepted, exchanged and adjudicated in accordance with Reserve Bank of India (Note Refund) Rules 2009.
Read moreWhat is the cost of 2 rupee coin?
The Rs 2 coin was created in 1994 and it has Indian flag on it. The price of this rare Rs 2 coin is set at Rs 5 lakh on Quikr website. A rare Re 1 coin of Queen Victoria era is worth Rs 2 lakh online. The Re 1 coin British currency of George V King Emperor 1918 has also been valued at Rs 9 lakh.
Read moreWhich coin is very rare in India?
Apparently, people are willing to pay heavy amounts to collect the rare coins and notes. A Rs 2 coin can help you earn up to Rs 5 lakh. This particular coin was issued in 1994 and has the Indian flag engraved at the back. The price of this special 2 rupee has been fixed at Rs 5 lakh on the Quickr website.
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