Old coins are more common than you might think, after all, who doesn't have one of these kept at home? The branch of collectors has gained more and more fans over the years, however, there are few coins that actually have some value. In this way, knowing whether a currency is valuable it's very important. In this article we will talk more about it. Check out!
Read more: Old Coins Can Be Worth a Lot! Learn How to Sell Them
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Key tips when identifying a valuable currency
Check out tips now to not go unnoticed when you find a valuable coin:
- Note the year of the coin
Subject matter experts suggest that three points are key when identifying a valuable coin. The first concerns the year of origin, that is, the older the coin, the greater the chances of it having some value.
- Find out how many coins like this one exist
The second criterion has to do with the amount of coins produced at that time. This is because the more limited the circulation, the rarer and more valuable the coin can be.
- How conserved is this coin?
And finally, the state of conservation stands out, as well-preserved coins can increase their value.
In addition to these aspects, it is important to highlight that the coin's historical context can also make it much more valuable. In the collectors' market, the price and value of a coin can have different attributes depending on the story it presents. Many collectors use this strategy to value their pieces and increase the value of the offer.
In Brazil, the most valuable coin is the 1 real created in honor of the fiftieth anniversary of the Universal Declaration of Human Rights in 1988. This coin was considered valuable due to its circulation of around 600,000 units. In general, runs of less than 1 million already make coins valuable.
Thus, Sociedade Numismática Brasileira is the most renowned organization responsible for studying collections of coins, bills and other types of antiques. With this, it is possible to assign values to the pieces and organize the trade of these antiques among collectors. For more information, visit the institution's website and learn more about the numismatic universe.
