Coin exhibition tosses up rare delights

AHMEDABAD: India is one of the countries in the world with rich tradition of numismatics thanks to its interesting mix of coins minted by ancient kingdoms, princely states, sultanates and foreign rulers including English, Portuguese, French and Danish and finally independent India. The visitors at Coinex 2012, 10th national numismatic exhibition, had a glimpse of the heritage and had lessons in history with fun.
Harish Shah, president of Gujarat Coin Society, told TOI that every year they choose exhibitions on various themes for members of public and also provide meeting place for coin aficionados and auction houses. "We are glad with every year the number of visitors is growing beyond our expectations. We have carefully chosen various themes such as coins and currency from British India, commemorative coins from India, coins from around the world on birds, sultanate period and pre-historic era. Many enthusiasts from across the state and country have participated in the event," he said.
Dushyant Shah, a chartered accountant and financial advisor, said that there is a growing trend that Gujaratis are now waking up to - numismatics as a lucrative investment option. "I started off as an enthusiast and saw the opportunity. It is one field in which you can enter with mere Rs 2,000 and start building your collection. Coins never get depreciated due to metal used and its historic importance. A Rs 15 coin minted in King George V era was available for Rs 30,000 in 2007 which has gained value of Rs 2.70 lakh today," he said.