Here's how to find out how much an old coin is worth

Especially among the elderly, collecting coins and bills is a habit that runs through generations. Many of these elderly people did not even have a focus on the appreciation of the currency in the future, and had this practice as a hobby, to mark generations. However, over time, old coins that went out of circulation became true relics for collectors. To learn more, read the full article and learn how to find out how much an old coin is worth.

Read more: Do you have rare coins? Find out how much those old R$ 1 coins are worth.

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How to know if the currency appreciated?

People who collect ancient coins are called numismatists. Many of them do everything to, in a way, complete their collection, and don't give up even a single coin. However, sometimes financial difficulty knocks on the door, and that's when this hobby can generate a lot of profit.

To know if a coin is worth a lot, you need to pay attention to a set of factors that will make it rare and/or special. In this way, the age of the coin is not the only characteristic to be considered.

Something very observed in the coins is their state of conservation and the circulation number. In addition, factors that previously contributed to the currency's exit from circulation, such as recording errors, for example, contribute to today's greater market value.

Commemorative editions or exclusive prints are also reasons for the coins to have even greater value. In order to know the current value of the coin, it is possible to search in old coin catalogs, or seek the help of an expert to make this assessment.

Currently, there are coins that exceed R$ 2 thousand. In Brazil, there are still 2 thousand réis silver coins, dating from the time of the Empire of Dom Pedro II. Despite the time, they can be found quite easily, and are worth a few hundred reais.

The more precious the material, the greater the value assigned to the coin, so gold and silver are usually more valued. Another feature that will add value is rarity, so the harder it is to find, the more it should be worth.

If you are planning to sell your coins, find out what your buyer is interested in. There are numismatists who prefer coins that have undergone degrees of oxidation, or have time stamps. However, there are also those who request a good state of conservation. This may change the final value, so be aware.

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