Hobby can be Entertaining, it can fetch you great returns too..
Move beyond gold and stock markets, hobby can be entertaining, it can fetch you great ret... Page 1 of 2 ADVERTISEMENT News Stock Quote Savings Centre Type Company Name Home News Markets Personal Finance Tech Jobs Opinion Features Environment Travel Deals Blogs ET NOW ET Wealth Mutual Funds Fixed Deposits Insurance Art Loan Centre Credit Cards Tax Savers NRI Services Savings Centre Calculators You are here: Home > Collections Move beyond gold and stock markets, hobby can be entertaining, • StumbleUpon it can fetch you great returns too Amar Ranu Aug 26, 2011, 06.42am IST 403 • Submit Tags: stock markets | Gold The stock market gyrates and everyone gets affected directly or indirectly. Every successful person has a job of his type and works for the best tomorrow of his life. There is another category called hobbyists, also known as new generation entrepreneurs. They work for themselves as they understand the importance of their passionate dreams. So, dont be surprised if you find your school friend or your next-door neighbour open a hobby shop or when he is touted as one of the greatest collectors of old-age coins or stamps. It is like cherishing your good-old habits of collecting odd items, which may now offer a viable business opportunity. RELATED ARTICLES Stamp, Coin Collection There’s history & money in retro PCs Stamp and coin collections are the most popular hobbies. They, in turn, also offer an investment option. For April 13, 2007 example, the famous 10 Mahatma Gandhi stamps, issued in 1948, or the exclusive stamp with the word Big bucks on the other side of the coin service for the then governor-general of India, C Rajagopalachari, for his official use, fetched as high as Rs April 21, 2007 24.49 lakh in the David Feldmans auction sale on October 05, 2007. Stamp collection, known as philately, includes all kinds of stamps, ie, mint stamps, used stamps, commemorative stamps and many more. Tens of thousands gather for Bhutto Commemorative stamps are where collectors put money. commemorations December 26, 2008 To buy or sell these stamps, one can go through the traditional route of dealers or auction houses - currently set up in Lucknow and Kolkata. These stamps command an annual appreciation of 10-15% in the market. The better the condition of stamps, the better the price it commands in the market. Numismatics, the study and collection of coins, is very important if one wants to enter into the field of dealership of coins. Coin collectors consider coins mainly belonging to Romans, Chinese, Parthian, Byzantine and others as fascinating. Similarly, Indian coins mainly belonging to the pre-independence era are more in demand, commanding a value that is multiple times the original one. Other hobbies There are hobbyists with passion for vintage and classic cars, fine wine, artifacts, cigars, et al. These categories are getting more popular these days in India. Vintage and classic cars: Vintage cars are those produced before 1939 while classic cars are those which are at least 30 years old. Their lineages, antiquity, make and rarity make them unique. It takes years of learning about car mechanics and their heritage. 1 | 2 | Next FEATURED ARTICLES Maruti Swift relaunched at a Is e-gold better than gold Toyota Etios Liva launched at starting price of Rs 4.22 lakh ETF? Rs 3.99 lakh onwardshttp://articles.economictimes.indiatimes.com/2011-08-26/news/29931825_1_commemora... 06/09/2011