A R$1 coin can be worth more than R$500; see if you have

by time news

2023-11-05 01:35:00

Initially, it is important to highlight that not all coins have a high value on the collectors market. The market value of a coin depends on several criteria that are relevant to numismatists, who are collectors specializing in this field. To better understand how this market evaluates the importance of currencies, below we list the criteria used to determine their value:

Year of issue: Firstly, some coins are considered rare due to being produced in very specific years, which limits their availability. Minting errors: Another factor that may be relevant in determining the rarity of a coin are minting errors, which are less common. Limited run: The same principle applies to coins with a limited run, which can be produced for commemorative, political or economic reasons. State of conservation: Something of great importance when assessing the value of a coin is its state of conservation. This means that the less damage the coin has, such as damage or corrosion, the higher its value. Other characteristics: Finally, some coins may have unique characteristics, such as special data, the type of metal used in manufacturing, among other factors that can influence their value.

Which model can be worth a lot of money?

In fact, there are some models of R$1.00 coins that can have a high market value. A notable example is the coin produced in 2008 with the core displaced. Due to this unique characteristic, this coin can be worth up to R$570, as long as it is in good condition.

This specific model gained prominence, especially on social media, after a video by user @salsa_moedas went viral on TikTok.

Furthermore, there are other R$1.00 coins that can be worth a significant amount, such as those created to commemorate the 40th anniversary of the Central Bank. Holders of this model can obtain up to R$650, as long as the coin is in good condition. These coins can be sold online or in antiques stores.

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