Usually considered the less valuable euro, but some 1 -cent currencies can reach surprisingly high values in the collector market. In an auction held in Italy, such a coin was sold for 6 600 euros, a value that widely exceeds its facial value.
The error of the Italian currency house
According to Box, an Italian company that specializes in numismatics, the best known case dates back to 2002, when the Italian currency house made an unusual error in the coin coinage of 1 cent.
Some of these coins showed the size and face of the 2 cents proper to the reverse, making them very rare and desired by the collectors.
Research and Consequences
According to the same source, the investigation conducted by the Italian prosecutor revealed that an employee of the coin house will have voluntarily inserted the bases of the 2 cents in the machines intended for coin coins of 1 cent.
The intention was to take advantage of the appreciation that these defective coins could achieve in the numismatic market.
Although part of these currencies has been collected by the coin house, the same source indicates that many remain in circulation, so there is a real hypothesis that they are still in the public, inadvertently.
We recommend:
Values and copies sold in auction
The same source performed the auction of six copies of these defective currencies, giving them an initial value of 2 500 euros each.
The event attracted collectors from various parts of Europe, all interested in rarity and unusual history associated with these coins.
One of the copies was eventually awarded 6,600 euros in 2013, highlighting the growing interest and the singular value of these pieces.
Other 1 centine coins with value in the market
In addition to Italian coins, other 1 -cent currencies from different European countries also have interest in the numismatic market.
The German currency of 2002, for example, is sought due to the variants of the coin house indicated by letters such as A, D, F, G and J, corresponding to the cities where they were mashed. In good condition, they can be valid between 1 to 2 euros.
Another valued currency is 1 cent of are marine, coined in very limited quantities and distributed exclusively in official groups of collectors.
Exemplary in an unqualified state, especially from 2002 and 2003, can be valid between 10 and 20 euros.
According to the Belgian 2000 currency, which presents the profile of King Alberto II, can reach the 25 euros in the market. Already the 1 -cent currency of the 2011 Monaco, which brings the portrait of Prince Alberto II, is rare and sold only in official sets, which can be valid between 20 to 35 euros.
The 2002 Vatican currency, with the portrait of Pope John Paul II, is also a coveted piece, reaching values that can reach 20 euros.
Also read:
