Asked vs sold

Asked price is not sold price

This is the single most useful idea for anyone selling an inherited coin, and almost nobody explains it. Two numbers look alike and mean completely different things.

The two numbers

	What it is	What it tells you
Asked price	What a seller has typed into a listing	Nothing. No buyer has agreed to it. Anyone can type any number.
Sold price	What a buyer actually paid	What the market really gives for that item.

How far apart they get

On OLX, listings for a single 1947 one-rupee coin span from about ₹999 to ₹60,00,000. Those are not valuations. They are one hopeful number each, sitting unsold. The ₹60,00,000 listing has told you nothing except that somebody typed it.

This is where the "my coin is worth lakhs" belief usually comes from. Not from a scammer directly — from a family member searching, finding a listing at a huge number, and reasonably assuming that is a price.

Why the gap gets exploited

An advance-fee scam does not need to invent a value from nothing. It only has to point at an existing asking price and say "see". The number is real; the sale behind it is not. Once you believe it, a "registration fee" against ₹60 lakh feels like a rounding error — which is exactly the arithmetic the fraud relies on.

What to look at instead

Sold prices, with dates. Not listings, not asks. If a site cannot show you what actually changed hands, its numbers are asks.
The range, not one figure. Condition changes value enormously, so one number for a whole variety is always wrong.
Sample size. Two sales is a coincidence. Twenty is a market.

Every listing on this site shows its honest market range next to the asking price, and the sold pages show what was actually paid, with dates. That is deliberate — an unopposed asking price is how people get hurt in this trade.

See what actually sold

Real listings, the price the buyer paid, and the date. No projections.

See sold prices

Last updated: 2026-08-15