December 8, 2022

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One cent, the 6000 euro coin: get ready to change your life



It would undoubtedly be strange that among the coins most sought after by collectors, and therefore most appreciated, is the paltry 1 cent coin.

Rare one-cent coin – Nanopress.it

As a reminder, the 1 and 2 cent coins will soon be withdrawn.

The 1 cent coin was withdrawn shortly

The reason for withdrawing from trading is not because of It is used less and lessBut above all because the value of the raw material (copper) is higher than the official value.

1 cent coins
1 cent coins – NanoPress.it

For this reason, it is a good idea to keep them because they can quickly become very valuable. What are the characteristics of one rare 1 cent coin Can it bring more than 6000 euros?

And how many samples are still in circulation and why they have gained so much value in such a short time…

Rare collectors’ coins

Many factors work together to determine the price and value of a particular coin. First of all, you need to understand the difference between price and value. For most people, these two terms are used interchangeably.

For coin collectors, they have different meanings. The price or retail price of a currency is what you pay for that currency when you buy it from a merchant.

The value or wholesale price of a coin is what the coin dealer gives you to buy the coin from you.

The currency market is complicated and complicated Many factors affect the prices and values ​​of currencies.

The main influence on the value or price of a currency is the supply of that particular currency to the extent that it is available for purchase.

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The total supply available in the market is determined by the initial coinage. For most countries, at the end of the year, the arrays of coins for the year in question are destroyed and never used again.

Therefore, once production in the year is completed, the supply of that currency for that date is determined.

minting errors

Specialized sites claim that among the cents you can also find some Specimens of special value to collectors Which can amount to a great quotation.

On the “regular” 1 cent coin is the Castel del Monte in Puglia. On the other hand, the very rare and sought-after coin shows the Mole Antonelliana, which is usually found on a 2 cent coin.

A jar full of pennies
A jar full of coins – NanoPress.it

This one-cent sample, in addition to this fatal error, has a stretch diameter and overall measurements of a 2 cent coin, 18.75 mm to be exact.

According to estimates, a total of about 7,000 1-cent coins were made using Mole Antonelliana, but most of them are also known to have been withdrawn when the astonishing error was discovered.

thought that about 100 samples survived the regressionOr they immediately became among the most sought after by numismatists and most collectors.

Although the estimated value of this rare 1 cent coin ranges between 2,500 and 3,000 euros, during the auction some samples were “knocked out” with worth 6000 euros.