Now, you can earn Rs 1 lakh by selling 50 paise coin online - Here's how

There is no dneying the fact that old and rare notes and coins are now selling online for a very good price. The collectors of old notes and coins are willing to pay a huge amount of money to get the old coins issued by the Reserve Bank of India (RBI). In one such case, an old 50 paise coin is currently selling for up to Rs 1 lakh online. The deal is available on the online classifieds portal OLX. 

The 50 paise coin that we are talking about is no ordinary coin. This coin was released in 2011 and the year is significant as the Indian government decided to end the circulation of 25-50 paise coins in 2011. 

The 50 paise coin of 2011 has now become a collector's item. If you are in possession of one such coin and you want to sell it then you have to visit OLX’s official website.

You will need to create your profile on OLX and once the profile is ready then you will need to create a listing for the 50 paise coin. After the listing goes live, the customers will start contacting you to buy the rare coin. 

There are some other websites like IndiaMart which allow people to sell their old and collectable old coins and notes. However, you need to be aware of UPI frauds.