Selling old coins, notes, and collectibles online can be exciting and profitable — but it’s also important to follow certain legal and ethical rules.
This section explains what’s allowed, what’s restricted, and how to stay safe under the law when selling or listing your items.
You may post ads for:
Ancient, medieval, or historical coins
British India and Republic-era coins
Foreign collectible coins and notes
Medals, tokens, and numismatic items
However, it is illegal to sell counterfeit, fake, or reproduction coins that are made to deceive collectors or resemble real currency.
⚠️ Note: Misrepresentation of replicas as genuine coins can lead to legal action under Indian Penal Code and related acts.
Coins and notes that are still in circulation as legal tender cannot be sold or traded for profit.
Examples:
₹1, ₹2, ₹5, ₹10, ₹20 coins
₹10, ₹20, ₹50, ₹100, ₹200, ₹500, ₹2000 notes (if valid)
🛑 Selling or advertising these items as “rare” or “error coins” is not permitted under the Reserve Bank of India (RBI) regulations.
If your coin or collectible is over 100 years old, it may be covered under the Antiquities and Art Treasures Act, 1972.
In such cases:
You must ensure that the item is registered (if applicable).
Selling or exporting such items may require permission from the Archaeological Survey of India (ASI).
⚖️ Tip: Always verify the legal status of your coin before listing it online or shipping internationally.
Do not post ads for:
Counterfeit or imitation coins
Items with religious, political, or offensive symbols
Currency illegally removed from government or institutional possession
Any item declared “Not for Trade” under national heritage laws
🚫 Posting such content may lead to permanent account suspension or legal consequences.
Always describe your coins truthfully.
Avoid false claims like “government-approved,” “mint-certified,” or “guaranteed antique” unless you can provide official documentation.
🧾 Tip: Transparency protects both the seller and buyer — and ensures trust within the collector community.
If you’re selling to international buyers:
Check your local export laws for coins and currency.
Some countries restrict import or export of antique coins without proper certification.
Always declare items truthfully when shipping.
🌍 Tip: When in doubt, contact your postal or courier service for guidance before sending any item abroad.
Depending on your location and transaction amount, you may be responsible for applicable taxes (GST, customs duties, etc.) when selling coins online.
Keep records of high-value sales for tax reporting if required.
💰 Tip: For regular or commercial sellers, maintaining invoices and transaction details is recommended.
The app serves as a classified advertisement platform that connects buyers and sellers.
It does not buy, sell, or guarantee authenticity or pricing of any item listed.
All transactions happen directly between users at their own discretion and risk.
By posting an ad, users agree to:
Comply with all local and international laws
Ensure that the listed items are genuine and legally tradable
Take full responsibility for their listings, photos, and descriptions
🚨 Violation of these terms may result in removal of ads or legal action by competent authorities.
The platform is not liable for user-posted content, misrepresentation, or disputes.
The app team reserves the right to remove or block listings that violate any law or internal policy.
Users should perform due diligence before engaging in any transaction.
Coin trading and collecting is a rewarding hobby — just ensure your actions follow the rules.
Understanding basic legal boundaries helps protect your collection and your reputation.
If you’re unsure whether your item is allowed, consult a numismatic expert, local legal advisor, or refer to the Antiquities and Art Treasures Act, 1972 and RBI Guidelines for reference.
Sell responsibly. Stay compliant. Keep the hobby safe and lawful for everyone.