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Collectors are paying up to R$600 for 1 real coins with manufacturing errors. The commemorative coin has become a valuable item in the numismatic market.
Many Brazilians don't even imagine that they could have a real gold mine hidden in their wallets or drawers. Coins that, at first glance, seem common can, in reality, be worth hundreds of reais.
A simple manufacturing error or a limited run can turn what looks like just bakery change into a highly coveted collector's item. But are you paying attention to the coins you handle every day?
Collectors willing to pay top dollar for rare coins
The coin collecting market in Brazil is booming, and numismatists – people who specialize in studying and collecting coins – find lucrative opportunities in this universe.
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According to experts, some examples of old coins, or those with manufacturing errors, can be sold for surprising amounts.
A 1 real coin, for example, can reach the value of R$600. This fact increasingly arouses the interest of people who want to take advantage of this opportunity to increase their income quickly.
What many people don't know is that coin collecting is not limited to just old coins..
More recent coins, such as the 1 real commemorative coin launched in 2002 in honor of the centenary of the birth of former president Juscelino Kubitschek, can also reach high figures on the numismatic market.
According to verified information, the low circulation of this item compared to the current number of coins in circulation makes it highly valued among collectors.
Why are certain currencies so valuable?
Not just any coin can reach astronomical values. There are specific characteristics that determine how much a collector is willing to pay for a piece.
According to numismatic experts, the state of conservation and the number of coins in circulation are key factors. When a coin is manufactured in a limited edition, its rarity increases over the years, especially if the item is well preserved.
An example of this is Juscelino Kubitschek's 1 real coin, manufactured in a limited edition of 50 million units in 2002.
At the time, there were around 247 million 1 real coins in circulation in Brazil, while today that number has surpassed the 4 billion mark. This means that the commemorative coin has become increasingly rare and difficult to find, which explains its increasing value.
The manufacturing error that can multiply the value of the coin
Among the reasons that make a coin so valuable, manufacturing errors are one of the most interesting for collectors.
In the case of Juscelino Kubitschek's coin, an error known as “inverted reverse” can increase its value to up to R$600. This defect occurs when the face of the coin is rotated and, instead of being aligned, it appears upside down.
This particular error is very rare and therefore highly valued. To find out if you have a coin with this defect, just turn it vertically; if the reverse appears upside down, you could have a rare specimen worth a fortune in your hands. According to the Catalog of Coins with Errors, the 1 2002 real coin with this defect can reach the following values:
- Mint flower (without circulation): R$ 600;
- Pride (minor wear): R$450;
- MBC (very well preserved): R$ 300.
These values, however, are only a catalog reference. Negotiations between buyer and seller may further increase the price, depending on interest.
Conservation ratings: find out how much your coin is worth
In addition to errors, the condition of the coin is essential to define its value. The term “mint” refers to coins that have never circulated and are in perfect condition.
These specimens are the most sought after by collectors and can reach the highest values. Coins rated as superb They have slight signs of use, but still maintain most of the details of the original minting, which makes them valuable, although on a smaller scale.
MBC coins (very well preserved) show more signs of wear due to handling, but still preserve approximately 70% of the original details, and can be traded for good prices, depending on market demand.
Where to sell rare coins and get the best price
We at CPG, not even I, the author of this text, sell or buy these coins. If you have coins stored at home that you believe could be worth a fortune, there are several ways to put them up for sale and reach collectors willing to pay for them.
Platforms such as eBay, Amazon, Mercado Livre and Shopee offer a wide reach to traders around the world, while groups specialized in social networks like Facebook brings together rare coin enthusiasts who are constantly searching for new items for their collections.
Additionally, we bring physical and online stores specialized in numismatics, and rare coin auctions, are great places to find buyers.
An important detail is that, at auctions, competition can significantly increase the final sale price, especially for coins of great historical value or with rare manufacturing errors.
The importance of studying the numismatic market
Coin collecting is not just a hobby; for many, it is a form of investment. According to experts, those who delve deeper into the subject and study the market have a greater chance of doing good business.
Furthermore, rare coins, especially those with errors or in excellent condition, tend to increase in value over time, becoming true treasures.
Now, the question remains: have you ever checked your 1 real coins and could you be missing out on a huge amount without knowing it?
