Valuation of Indian coins

Coin collecting has been described as the "hobby of kings". People always try to estimate the value of a coin, but always fails. This is because they don't know how to do so? Here are some steps to estimate the value of Indian coins--

1) Go through the date of the coin.

• Generally, older the coin great will be its value. but it is NOT necessary.
• Taking an example- The international science congress 1996 5 rupees issue is extremely rare. It is consider to be the most valuable coin of independent India.
• The value is estimated to be around 8k-9k INR.
• BE AWARE of forgeries done in the name of history.  

                                       

2) Note down the rarity of the coin.

• There are many websites giving information about this.
• Also, note where the coin is MINTED. Rarity of coins vary according to the mints. To know the mint of your coin refer here

3) Observe the demand of the coin in market.

• This will give you an idea about how many people are interested in the coin.
• Also it reflects the rarity of the coin.
  

4) Properly examine your coin's condition.

• The better the condition, the more it will worth.
• You may grade the coin as UNC (UN-Circulated), Circulated, XF(Extra Fine), VF(Very Fine), F(Fine), VG(Very Good), G(Good ), Poor.
  

5) Now you need to refer to a coin catalog.

• From a coin catalog you may get the value according to the condition.
• There are many coin catalog available online for free.
• Now you can match the condition you graded with the price of the coin in the Catalog. 
  

6) You may also consult to a certified Coin Appraiser.

• You may consult to a Coin Appraiser. 
• There are many people in this profession who judge the coin for free.
• You may search for them on social media websites.
  

Source - http://www.wikihow.com
Hope it will help you.
Note- Any type of emails regarding Coins and bank notes value will NOT be entertained...!