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Check out two Olympic coins that can reach R$1.300

Written by Alisson Ficher
Published 14/06/2024 às 06:59
Rare coins. (Image: reproduction)
Rare coins. (Image: reproduction)

In recent years, coins have gained great popularity in Brazil, driven by growing interest in numismatics since the 2016 Olympics in Rio de Janeiro.

The global sporting event not only left vivid memories among Brazilians, but also significantly expanded the reach of coins in the country, attracting an audience previously little interested in this universe.

Before the Olympic Games, few Brazilians paid attention to coins, leaving their study and collecting to a restricted group.

However, after the event, interest expanded considerably, reaching new audiences and stimulating a growing presence on the internet, where you can find varied content on the topic.

The search for these pieces often results in negotiations that reach impressive values, highlighting the economic and cultural potential of numismatics.

Numismatics encompasses the study and collecting of banknotes, coins and medals, standing out for their historical, artistic and economic value.

The term encompasses both academic research and the hobby of collecting these rare and often valuable items. To celebrate the Olympics in Brazil, the Central Bank launched 17 coin models that became icons of the event.

Each of these coins displayed prints of Olympic and Paralympic sports, arousing the interest of collectors and enthusiasts.

Among the models produced were those in honor of the Paralympic Games, aimed at athletes with disabilities, in addition to coins dedicated to the Olympic Games mascots and the Olympic flag handover ceremony.

Over time, many of these models became rare on the national market, as Brazilians tend to keep their Olympic coins as personal souvenirs or high-value collectibles.

The valuable coins

Some special editions, released in limited runs for commemorative dates, reach high prices at auctions and direct sales, due to their scarcity and the fervent interest of collectors.

For example, certain models can be sold for up to R$1.300, especially those that have manufacturing errors such as an inverted reverse, which makes them even more coveted.

These errors are identified by rotating the coin vertically, observing whether the reverse is upside down in relation to the obverse. Today, two models that can be worth up to R$1.300, according to data contained in the Illustrated Catalog Coins with Errors, are boxing and rugby. This is because they have their reverse side inverted by 180º.

To check if this error exists, simply rotate the coin from top to bottom or bottom to top. If the reverse is upside down, it means it is inverted and the coin is considered valuable, as this is a rare condition.

How to sell these objects

To sell rare coins, interested parties can explore various options, such as collector groups on social networks, specialized stores, specialized auctions and online platforms.

Participating in auctions is especially advantageous as it creates a competitive environment that often results in higher prices for coins.

Thus, the market for coins in Brazil continues to grow driven by the unique combination of historical, artistic and economic interest, fueled by memorable events such as the 2016 Olympics, which left a lasting legacy in the custom of collecting these objects.

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Alisson Ficher

Journalist graduated since 2017 and working in the field since 2015, with six years of experience in printed magazines and more than 12 thousand online publications. Specialist in topics such as politics, jobs, economics, courses and others. If you have any questions or suggestions for an agenda regarding any of the topics covered on the site, please get in touch.

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