1) Hobbies such as stamp and coin collecting can be entertaining and also offer investment opportunities, with some rare stamps and coins appreciating 10-15% annually.
2) Other popular hobbies include collecting vintage cars, fine wine, artifacts, and cigars, which are gaining popularity in India.
3) Hobby businesses require passion and learning about the hobby domain, whether it be stamps, coins, cars or other collectibles, but can become a viable business opportunity.
Hobby can be Entertaining, it can fetch you great returns too..
1. Move beyond gold and stock markets, hobby can be entertaining, it can fetch you great ret... Page 1 of 2
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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, don't 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.
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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 Feldman's 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.
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