Kolkata Exhibition Exposes the Dark Side of Numismatic Misinformation

The Coin Fest 2025, organised by the Numismatic Society of Calcutta (NSC) and held at Haldiram Banquet Hall from July 25th to 27th, has turned into a landmark event—an eye-opener for other numismatic exhibitions across India. Image Courtesy: Mr. Prem Pues Kumar and Mr. Nabarun Mallik What was intended to be a well-curated event for collectors and enthusiasts to gather, learn, and trade rare coins and currency notes turned unexpectedly chaotic due to a massive influx of people misled by fake news propagated on social media. Thousands, from regions as far-flung as Bihar, Jharkhand, Odisha, Assam, and Uttar Pradesh, arrived at the venue with the false hope of earning lakhs by selling ordinary coins and banknotes that hold no numismatic value. This disturbing trend has stemmed from a barrage of misleading videos and reels posted by irresponsible content creators who, in their pursuit of views and monetisation, exploit the aspirations of daily wage earners and the underprivileged by f...