Lodi Valley News.com

Complete News World

One Centavo coin can be sold for up to R$320.  Maybe you don’t have it saved?

One Centavo coin can be sold for up to R$320. Maybe you don’t have it saved?

For the vast majority of people, currency 1 cent is just 1 cent. In fact, this is also the Central Bank’s (BC) assessment. However, a minority of Brazilians know that a piece worth just one cent can be worth much more money than one might initially imagine.

In this particular article, we will be talking about the 1 cent coins from the first real family. are they:

  • 1 cent from 1994;
  • 1 cent from 1995;
  • 1 cent from 1996;
  • 1 cent since 1997.

Coin trading

According to experts in this field, the circulation of 1 cent coins of the first real family can be considered high, that is, there is a high probability of finding these coins in circulation, or even missing in your home. see below.

  • 1 cent from 1994 – over 887 million;
  • 1 cent from 1995 – over 282 million;
  • 1 cent from 1996 – over 320 million;
  • 1 cent from 1997 – more than 500 million.

When is a coin rare?

But not all one-cent coins from the First Royal Family are rare. For it to have any monetary value, it is important to find a piece that has a mint error. These anomalies can make it worth much more.

One-cent coins from 1994, 1995, 1996 and 1997 that have been reversed are currently worth a lot of money. See table below:

  • 1 cent from 1994 – 320 Brazilian reals;
  • 1 cent from 1995 – 320 Brazilian reals;
  • 1 cent from 1996 – 250 Brazilian reals;
  • 1 cent from 1997 – 250 Brazilian reals.

Basically, reversed coins are those that have a reverse alignment that is opposite or inverted to the original alignment. In practice, to find out whether a currency If you have this defect, simply hold the piece with the side in the natural position facing you. After that, just flip it from bottom to top.

See also  Cheapest electricity bill? The tariff will have a green flag in August

If the other side is upside down, we are talking about a reverse coin, i.e. a valuable piece. It is worth noting that any element can be reversed. Even pennies from other years can contain this type of defect. In any case, the piece may be worth more.

If your one-cent coin from the first real family is single-sided, meaning it has only one side minted and the other smooth, it can cost on average R$350. If it is in Flor de Cunho status, it could be worth up to R$350. more.

Understanding classifications

To the uninitiated, the above engravings may seem complicated. After all, what does the term fleur de cuneo mean, for example? The above classifications relate to the state of preservation of each of these pieces, according to information received from collectors.

To start, let’s break down what MBC means. This term means “Very well maintained”. For a piece to be included in this classification, it must contain at least 70% of its original appearance. Analysts also say that your wear level should always be uniform.

One Great coin It is one that has at least 90% of the original details preserved. This is a piece that has little effect in circulation or dealing. In the world of numismatics, this item is considered an intermediate item, but has a higher value.

The term Flor de Cunho comes from the uncirculated English inscription. This is a piece that no longer shows any type of wear or handling. Absolutely all details of the coin are in their original appearance. There is also no indication of cleaning or chemistry. However, flower coins are always the most valuable.

See also  The National Ports Agency to regulate the transmission of data on fuel stocks

First family of Brazilian coins

According to official information from central bankThe first family of Brazilian coins has the following characteristics:

Nominal value (SAR) Diameter(mm) Weight (grams) Thickness(mm) edge material
0.01 20.00 2.96 1.20 straight stainless steel
0.05 21.00 3.27 1.20 straight stainless steel
0.10 22.00 3.59 1.20 straight stainless steel
0.25 23.50 4.78 1.40 straight stainless steel
0.50 23.00 3.92 1.20 straight stainless steel

In the case of 1 cent coins, you can see below what their basic characteristics are:

obverse:

On the right, an effigy representing the Republic, surrounded by a stylized representation of a laurel branch. And at the bottom is the inscription “Brazil”.

1 cent coins from the first family of the real. Image: reproduction

reflects:

An inscription indicating value, surrounded by laurel branches. Below, the clips “One penny” The corresponding year of minting the coin.