This 10 cent coin could be worth up to 2,400 times more

by time news

2024-02-04 08:30:00

The Brazilian coin collecting scene is abuzz with the search for a piece that, despite being small, carries monumental value. The coin in question is the 10 cent coin from 1995, a commemorative edition that celebrates FAO, the food distribution program.

This piece is not just a circulating piece of metal, but a true numismatic jewel, mainly due to its limited edition of just over 1 million copies. A Brazilian Mintan authority on the subject, confirmed the low production of this coin, which only inflates its value on the collectors’ market.

10 cent coin could be worth up to 2,400 times more

It is not uncommon to see pieces being traded for up to R$200, depending on their condition. And speaking of conservation, the quality of the coin is a decisive factor when selling. Coins classified as Very Well Preserved, which maintain around 70% of their original shape, can be sold for approximately R$100.

Those in superb condition, maintaining 90% of the original details, are valued at around R$130. Finally, the most coveted are the Flor de Cunho, immaculate and without any sign of wear, reaching a value of R$180 in Marketplace.

Interestingly, the value can escalate further if the coin has peculiarities, such as a specific minting error. For example, an error in the date printed above the plan on the obverse of the coin can increase its sale value to up to R$240, reiterating the importance of detail and uniqueness in the world of numismatics.

For owners of these rare pieces, the selling options are diverse, ranging from advertisements on specialized websites to globally recognized e-commerce platforms, such as eBay, Mercado Livre, Amazon and Shopee. Furthermore, auctions of rare items present themselves as an exciting alternative, where competition can further increase the value of these precious items.

However, it is crucial to remember that, regardless of the chosen sales channel, the condition of the coin will always be the determining factor for the final value. Collectors, with their meticulous eye, not only look for unique pieces, but also place great value on the history and condition in which each coin is found.

This phenomenon not only highlights the passion for numismatics, but it also demonstrates how seemingly simple objects can carry stories, cultural value and, of course, a surprisingly high monetary value. While many pass by these small metal pieces without paying much attention, to the trained and passionate eye of the collector, they can represent true treasures.

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