Misprints and rarities are very popular with collectors and fetch a decent amount of money.
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Rare coins are in demand
For example, Grazia Patrizia, who is best known as Grace Kelly, was immortalized on a coin. In 2007, on the occasion of the 25th anniversary of her death, the Principality of Monaco issued a commemorative coin featuring the princess and Hollywood actress. It was only minted 20,001 times, which is the smallest mintage of the 2 euro coins. This commemorative coin is very popular with collectors, which is why they pay several hundred euros to acquire one.
The 2-euro commemorative coins from the tiny states of Vatican City and San Marino are also rare. The small edition does not come into circulation as rolled goods but is only sold to registered dealers and private collectors. Commemorative coins from other countries only reach these prices if they are minted incorrectly or the die is rotated.
Misprints extremely valuable
It seems strange that faulty coins of all things can be very valuable. If you are lucky enough to find such a coin in your purse, it is definitely worth asking a coin dealer.
A coin known to collectors as an “old map” is popular. These coins ignore the eastward enlargement of the EU and show the old, smaller map of Europe. Mints in Germany and Portugal had inadvertently used an incorrect die and the coins entered circulation.
If you now go on a treasure hunt in your purse, you should look out for a 1 euro coin that was minted on a 50 cent blank, for example. A 2-euro coin from Ireland that shows the inscription of the Netherlands on the edge can also fetch good money. Not quite as valuable – but very popular with collectors – are French 10 cent coins from 1999, which have a finely ribbed edge instead of the usual scalloped edge.
Misprints are rare
The causes of incorrect embossing are errors in the material, the stamping or the machine feed. The machines usually detect an error and stop production. Random checks are also carried out. Despite everything, faulty coins sometimes come into circulation – much to the delight of coin collectors. And who knows: maybe you too will soon discover a little treasure in your wallet.
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