The hobby of coins and banknotes collecting can give pleasure and fun to an individual of any age. You’ll gain the pleasure of inspecting the design and inscriptions, the mint marks or privy marks on coins and what it means and the history of the coins and banknotes which will be very educational. Frankly, I’ve learned a lot about the histories of a nation through these collectibles which I don’t learned in school.
I’ve been collecting these old pieces of metals and papers since I was young which I shared this hobby with my father. Actually, I started this hobby through influence from my father. I got fascinated by his collections that attracted me to engage in this collecting hobby. When my father passed away many years back, I took over the care of my father’s collectibles.
When I started working, I became less and less active in this hobby until one day I had to put aside this passion because of my busy working schedules. So up to this day, my collectibles were left unattended for more than 15 years.
There are times that I couldn’t stop thinking about my collectibles wondering what I should do about it. I couldn’t pass on to my family members as none were into this hobby. What I worried most is if no one is taking over than my collectibles will be forgotten and lost.
Though it’s hard for me, I decided to sell it on eBay. Rather than the lost of my collectibles, I don’t mind letting it be in the hands of some collectors that I don’t know but at least my collectibles will exist for the future generations.
When I started listing on eBay, I don’t know what to expect from it whether people out there are interested in my collections. Furthermore, the items I have are all circulated with scratches, dents and discoloured, wondering if people would buy them.
But to my surprised, this is what happened to my collectibles……..
This is a 1908 British Trade Silver Dollar, the first coin I’ve sold on eBay with the price of $60. I’ve seen some was sold for more than $100. Many years back, this coin was used in my country to trade with any kind of necessities that one desires.
This is a 1916 Straits Settlements 1/4 cent that I’ve sold for $18. This coin sells fast. Whenever I’ve put it on auction, in just few hours later, someone would place a bid. If this was an uncirculated or mint state coin, collectors would pay $50 to $100 for this. By the way, this coin was once an official currency in my country.
This is the almost rare Palestine 1933 20 Mils, sold to a Spanish collector for $30. Only 250,000 were produced and most of it was already melted. As you can see from the pictures, this coin does not have a pretty look but because of its low mintage, it worth a lot.
This is a 1953 Malaya and British Borneo 1 dollar sold to a collector from Austria for $22. This banknote was once the legal tender in my country back in 1953 and used until 1967 when my country was a British colony. I’ve seen an uncirculated type sold for over $100.
To be honest, I really missed the collectibles that I’ve sold because I was so attached to them when I was so actively involved in this hobby. On the other hand, I’m more than happy to sell to another collector because I’m confident that it will exist in the future.
So, what is the motive by telling you all this? Simply, these old metals and papers can be a good investment for your future. By the way, the collectibles that I have collected for many years cost me or my father nothing to attain. So the profits that I gained are 100%.
So what’s my secret to achieve such a good profits?
There’s no secret, all you need to do is collect now which you’ll pay for less and keep it for the next 50 years or more. If your coin or banknote is so popular among collectors, you could have returns just like what I’ve got or even more.