Numismatists, collectors of rare banknotes and coins can pay a fortune to have their treasures in their hands. Currently, many of them can pay up to R$ 7 thousand for just R$ 1 coin collection.
Numismatists, collectors of banknotes and rare coins can pay a fortune to have their precious items in their hands. Currently, many of them can pay up to R$ 7,000 for just a collection of R$ 1 coins.
For a coin or note to be considered rare, it is necessary to examine its difference, the number of copies issued by the Central Bank (BC) and its current condition. Collectors can find all this information on the institution's website.
Rare coin models, what are they?
Typically, rare coin models are those that are strictly limited. In addition, the manufacturing process is also indicated, which greatly affects the preservation of the item.
Numismatists can even find guidelines for the correct conservation of coins on the Central Banks website. In short, the value of the coin or banknote is determined by the preservation of the item, which is already considered rare.
Currently, the item needs to have at least 70% original mintage details, meaning the item's value may be lower if it has a wear allowance greater than 30%. This rule also applies to the above R$ 1 coins.
In summary, these rare R$ 1 coins refer to an entire collection, with a total of 17 objects. To honor the Rio de Janeiro Olympic Games, BC launched some models representing Olympic sports such as: swimming, golf, basketball, athletics, among others.
Among these, however, there is one of the most requested, it can be worth up to R$ 300. The coin to hand over the Olympic flag, released in 2012, is the most valuable in the collection. The others, issued in 2016, can be found with values between R$ 8 and R$ 300.
50 cent coins can reach up to 700 reais
Maybe the R$ 0.50 coin you have in your wallet is worth more than you think. That's right, some rare models are worth much more than just 50 cents. And many collectors pay hundreds of dollars to obtain them.
First, it is important to highlight that the central bank, responsible for producing the country's currencies, produces new units uniformly. and without errors. However, there are situations in which this pattern does not occur and some coins with manufacturing defects reach the population.
In this specific case of the R$ 0.50 coin, the model suffered a major manufacturing defect: it does not have a zero. In total, the central bank produced 40 thousand units of this model, which circulated in the country until 2012, when the BC began to eliminate it. However, the bank was unable to find all the coins.
As the BC has not yet managed to collect all the units, some of these items are still in someone's pocket or wallet, or even circulating around the country without anyone noticing the error.
In any case, if a citizen has the coin, there are collectors who can pay up to R$ 700 to have it in their collection.