Small denomination coins may be worth much more than we think. Of course, in addition to the purchase value, a symbolic and historical value will ensure that the coin can be worth up to 10,000 times more than its own value. For the numismatist market, collectors of these rarities, a R$ 1 coin is of great value.
Coins or bills can be worth a lot to the numismatist market. They are coins from all over the world, but Brazil also has its particularities and riches! The coin you are looking for this time is from 1998 and has a particularity that raises the value of the coin itself.
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What raises the values of a “simple” coin are the justifications for which it was produced. There are coins with manufacturing errors, collectible coins from the 2016 Olympics in Brazil.
Recently, with the death of Queen Elizabeth in UK, the market was looking for local coins with the queen's profile, as soon the coins would change, starting to stamp the profile of who would assume the throne.
Search your wallet, closets and pants pockets, because there are those who want to pay a high price for it!
Valuable R$ 1 coin
At the TikTok, the account ‘RNF Coleções’, which deals specifically with these collections, reported that the R$ 1 coin, manufactured in 1998, has the letter ‘P’ at random. This is the detail that makes the coin special.
The collector, during the explanation, says that this coin is among the most valuable on the collectors' market. Soon, it may cease to exist, which makes the search even more expensive.
According to the Mint, random letter 'P' comes from the word 'proof'. It concerns coins that have been tested in a shipment and have been destined for circulation due to a minor slip. The coins came to circulate in small quantities, something that really shouldn't happen.
The collectors' market estimates that the rare coin can reach R$ 10,000.
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