1. Home
  2. / Economy
  3. / Collectors are looking for 1 cent coins and paying more than R$1.400 for them! See how and where to sell yours
reading time 4 min read Comments 15 comments

Collectors are looking for 1 cent coins and paying more than R$1.400 for them! See how and where to sell yours

Written by Ruth Rodrigues
Published 02/09/2024 às 17:57
1 cent coins with the bust of Pedro Álvares Cabral are highly valued among collectors, becoming true treasures!
Photo: YouTube

1 cent coins with the bust of Pedro Álvares Cabral are highly valued among collectors, becoming true treasures!

When making everyday purchases, it is common for 1 cent coins go unnoticed, often forgotten at the bottom of wallets or even discarded. However, what few people know is that these small, seemingly insignificant coins can hide a great value for collectors. From a numismatic point of view, some of these 1 centavo coins, especially those from the second family of the Plano Real, are rarities that can be worth much more than their face value.

Characteristics of the 1 centavo coins of the second family of the Real Plan

1 cent coins have been circulating in Brazil since the implementation of the Real plan, with the second family of these coins being introduced in 1998 and remaining in circulation to this day.

These pieces, made of copper over steel, measuring 17 mm in diameter and weighing 2,43 g, were designed with the bust of Pedro Álvares Cabral on the obverse, in homage to the Portuguese navigator who discovered Brazil in 1500.

On the reverse, the face value of the coin is highlighted, accompanied by diagonal lines and the year of minting.

Reverse Reverse: The rarity that can earn up to a minimum wage

But what makes these 1 cent coins so valuable? The answer lies in a rare and specific feature known as an “inverted reverse.”

To understand this concept, you need to know that Brazil adopts a reverse currency standard system, or horizontal axis (EH).

In other words, when a coin is turned from bottom to top, the image on the back must be aligned correctly.

However, in some cases, due to errors During the minting process, the reverse of the coin may end up upside down in relation to the obverse.

These coins, known as “inverted reverses”, are extremely rare and, therefore, highly valued among collectors.

How to recognize a 1 cent coin with an inverted reverse?

How to identify a 1 cent coin with an inverted reverse? Identifying whether a coin has this characteristic is simple.

Simply hold it with the obverse (the side containing the image of Pedro Álvares Cabral) facing you and then turn the coin from bottom to top.

If the reverse is upside down, you are holding a coin with an inverted reverse, a true rarity.

These coins can fetch impressive values ​​on the collectors' market.

According to experts, such as numismatist Plínio Pierry, determining the commercial value of these coins is a challenge, as there are no exact records of the number of copies with this defect that were issued.

Together, some of these 1 cent coins with inverted reverses can be sold for values ​​exceeding R$1.400, the equivalent of the current minimum wage.

Find out how six 1 cent coins can be worth R$1.400 to collectors!
Find out how six 1 cent coins can be worth R$1.400 to collectors! Source: Notícias Concursos

The importance of these pieces in the numismatic market

Why are these 1 cent coins so valuable? Rarity is the main factor that increases the value of these coins.

The more difficult it is to find a copy with an inverted reverse, the higher its value on the market.

Furthermore, the condition of the coin also directly influences its price. Coins in impeccable condition, with no signs of wear or oxidation, can fetch even higher values.

Another reason for the high value of these coins is the growing demand for rare numismatic items.

Collectors and investors are increasingly interested in acquiring these pieces, not only for their historical value, but also as a form of investment.

The numismatic market has proven to be an attractive option for those looking to diversify their investments, and 1 cent coins with inverted reverse are a perfect example of this.

Do you have a copy with these characteristics? Find out how and where to sell it!

Selling rare penny coins can be a great way to profit from your collections. Here’s a quick guide on where and how you can do it:

  1. Numismatic Shops: Visit coin and collectibles stores. These professionals can appraise your coins and offer to buy them or refer you to an interested buyer.
  2. Coin Auctions: Participating in auctions, both physical and online, is a good option. Sites like eBay and Heritage Auctions have sections dedicated to rare coins where you can list your coins for sale.
  3. Numismatic Fairs and Exhibitions: Local and national numismatic events bring together collectors and dealers. They are excellent opportunities to showcase your coins and find buyers.
  4. Online Groups and Forums: Platforms like Reddit, Facebook, and numismatic forums are great places to connect with interested collectors and investors.
  5. Online Ads: Classifieds sites like OLX and Mercado Livre allow you to list your coins for sale directly to potential buyers.

Be sure to provide detailed information about the condition and rarity of your coins, and if possible, get a professional appraisal to ensure a fair price.

Be the first to react!
React to article
Register
Notify
guest
15 Comments
Older
Last Most voted
Feedbacks
View all comments
Mislaine Aparecida Pinto
Mislaine Aparecida Pinto
02/09/2024 19:31

Mislaine Aparecida

Eliane Vidal
Eliane Vidal
02/09/2024 20:13

I have coins for sale

Ruth Rodrigues

Graduated in Biological Sciences from the State University of Rio Grande do Norte (UERN), she works as a writer and scientific disseminator.

Share across apps
1
0
We would love your opinion on this subject, comment!x