Claim: People can earn lakhs of rupees by selling old coins and currency notes.
Fact-check: It is advisable to be cautious when making online transactions related to old coins and notes - FACTLY
Verdict: e-commerce sites like india mart, quikr, earn money, coin bazaar, and olx facilitate brisk business in old coins and notes. these platforms serve solely as intermediaries in this trade, without involvement in actual buying or selling. they hold no responsibility for any transactions or fraudulent activities in this sector. therefore, exercising caution is advisable when engaging in such transactions. in august 2021, the reserve bank of india also issued a press release warning against online buying and selling of old coins and notes. according to reports, there have been numerous instances where the public has been cheated in the name of purchasing old coins. hence, the claim made in the post is misleading.
Organisation: FACTLY
Author: Akshay Kumar Appani
Date published: 2024-03-21T11:25:18