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Collectors are desperate for a R$1 coin and are paying R$26 for it: Find out if you have this rarity at home

Written by Roberta Souza
Published 31/08/2024 às 14:46
Updated 01/09/2024 às 09:11
“rare coin”, “coin”, “1 real coin”, “collector”, "1 real"
photo/reproduction: canvas

Have you ever imagined that a 1 real coin, which goes unnoticed in your pocket, could be worth a small fortune? The enigmatic “P” mark on the reverse has transformed this seemingly ordinary piece into a true object of desire for collectors, raising its value to an impressive 20 thousand reais.

Have you ever imagined that a simple R$1 coin that may be forgotten somewhere in your house could be worth a real fortune? Well, this could be more real than it seems! There is a R$1 coin, manufactured in 1998, which can be worth up to R $ 20 thousand. But what makes this coin so special? Let's find out!

According to the website bmcnews, this rare coin, known as collectors Because it has a unique peculiarity, it can turn a simple change into a treasure. Want to know if you have one of these coins? Keep reading and find out how to identify it and what to do if you find this rarity.

The rarity of the 1 R$1998 coin: Why is it worth so much?

It's not just any 1 R$1998 coin that have an exorbitant value, but rather those that have a mysterious mark "P" on the reverse. But what does this mark mean? Basically, the letter "P" indicates that the coin was produced by Brazilian Mint as part of a experimental batch. These coins should never have circulated among the public, but some ended up escaping and falling into the hands of Brazilians.

The limited quantity of these coins makes it so that collectors go “crazy” for them. This is because the world of numismatics, which involves the study and collection of coins, places a high value on these manufacturing errors. And that's the trick: rarity and story behind these coins make them extremely valuable. Recently, one such coin sold at auction for an impressive R $ 26 thousand!

How to identify the rare R$1 coin from 1998?

Are you curious to know if you have one of these precious coins at home? Identifying this coin is easier than it seems. First, take your 1 R$1998 coin and look carefully at the reverse side. If you find the mark "P" There, congratulations! You may be holding something much more valuable than you realize.

Now, before you go out and use this coin at the market or put it back in the drawer, think twice. The next step is to look for a specialist in numismatics, someone who can evaluate the coin and confirm its value. Not sure where to start? Attending rare coin auctions can be a great way to get an accurate estimate of your coin's value and find interested collectors.

Tips for selling your 1 R$1998 coin

Have you decided it’s time to sell your coin and turn your find into cash? Here are some tips to help you do it in the best possible way:

  • Expert advice: The first thing you should do is consult an appraiser who specializes in numismatics. They can give you a fair estimate of the value of your currency.
  • Participate in Auctions: An auction specialized in rare coins can be the ideal place for you to sell your coin for a high price. These events attract collectors willing to pay well for unique pieces.
  • Online sale: In addition to auctions, you can sell directly to collectors in forums or online communities dedicated to numismatics. Just be careful and check the reputation of the buyers to avoid scams.
  • Patience is a Virtue: Selling a rare coin can require patience. The first offer won't always be the best, so be patient and wait for the right offer.

Fascinating importance of rare coins

Rare coins, like this one R$ 1 of 1998 with the brand "P", have a special place in the hearts of collectors. They are not just pieces of metal, but pieces of history. For many collectors, owning a rare coin is like having a priceless jewel. And it's not just about monetary value; it's also about the pleasure of owning something unique.

Ultimately, discovering a rare coin in your pocket can be like finding hidden treasure. So next time you’re sorting through your coins, take a closer look. Who knows, you might end up discovering that you have a little treasure in your hands?

If you want to buy, sell or evaluate rare coins, go directly to 👉👉👉 Brazilian Numimatic Society 👈👈👈, it's a good option for those who want to learn more about the subject and do business!

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Roberta Souza

Petroleum Engineer, postgraduate in Commissioning of Industrial Units, specialist in Industrial Corrosion. Get in touch to suggest an agenda, advertise job vacancies or advertise on our portal. We do not receive resumes

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