71-Year-Old Grandpa Sells Old Coins & Paper Bills to Make Ends Meet
A 71-year-old grandpa is selling his collection of old coins and paper bills to support himself and fund his grandson’s education.
The value of old coins and paper bills can vary greatly based on several factors. One major factor is rarity; coins or bills that were produced in small quantities or those linked to important historical events often have a higher value.
The condition of the item, or its grade, also plays a crucial role. Uncirculated coins—those that have never been used as currency are typically worth more than circulated ones. Professional grading systems help assess the quality, with terms like “mint state” indicating better condition.
Recently, an old man in Cebu City went viral online for selling his collection of old coins and paper bills to make ends meet.
The elderly man identified as Gaudencio Esteban Sumayo once worked as a shell crafter, developed a passion for coin collecting in his 20s, and was drawn to the intricate designs and rich history of each piece.
Sumayo displays his collection for sale on the sidewalk along Osmeña Boulevard in Cebu City The coins and paper money vary in value, appealing to collectors and history enthusiasts. His endeavor is a way to share his love for collecting and ensure future generations appreciate it.
Despite his age, Gaudencio remains dedicated to his craft, laying out his collection carefully. He believes each piece carries a story that can teach valuable lessons. His earnings go toward his daily expenses and his grandson’s education.
The grandpa finds joy in knowing his efforts can contribute to a brighter future for his family. He hopes young people will continue to care about the importance of historical items. He wishes to inspire interest in the past, emphasizing its importance in shaping identity.
In another post, a grandpa goes viral for handing P50 bill to granddaughter for being top student in class
The social media users expressed their reactions to the post:
