How much is 1 cent worth? Perhaps the most logical answer to this question is “one cent.” But what not everyone knows is that on some occasions, the value of this small cash value, which is usually tolerated with change when shopping in Brazil, can be much greater than many people think.
Description of the currency
This is the case with the 1-cent coin, for example, made of steel and copper reversed from 2000. It is a famous piece that bears on one side the image of the Portuguese navigator Pedro Alvares Cabral. In fact, on the same side, the coin contains images of the Portuguese navigator.
It is a currency that is no longer in circulation, and also does not have any kind of legal value. According to analysts, Casa das Moedas has already stopped producing these items, mainly due to the costs of this type of distribution.
On the reverse side, the 1-cent coin bears the number 1, some stripes, a southern cruise, and an indication of the year of production. As we said, in our case, we are focusing on the 2000 edition, and this reference is important for understanding the value of the commodity.
The value of the coin is 1 cent
The one-cent coin from the year 2000 is one of the most sought after coins by collectors throughout Brazil. This happens because this is one of the coins with the lowest number of coins in circulation since the beginning of the era Real plan. With fewer coins in circulation, they became rarer, and their monetary value increased.
The latest catalog indicates that a 1 cent coin from 2000 could sell for R$10, if it is in very good condition. This is the term used when a coin shows clear signs of use, but still contains at least 70% of the original detail with an even level of wear.
For the Superba, a state of preservation that shows very few traces of circulation and must present at least 90% of the original details, the coin can be sold for R$25.
But if the coin is a Flor de Cunho, meaning uncirculated, new, absolutely perfect and without the slightest sign of wear or handling, a one-cent piece from 2000 can be sold for R$60.
If the 1 cent coin of 2000 is certified, it could sell for R$250 according to the latest catalogue.
What’s different about the currency?
Experts say that this one-cent coin has a specific and unusual characteristic: numerous manufacturing errors. The truth is that when citizens find a coin that is of a different shape, or even has a manufacturing error, the values offered can become much higher.
Horizontal face coins are those that have a reverse at approximately 90 degrees relative to the original alignment of the coin. This is a manufacturing error.
If the 1 cent coin of 2000 had a double obverse, it could be sold for R$110.
This occurs when the entire back of a particular piece is duplicated. With this defect, a 1 cent coin of 2000 costs R$110.
One of the most common errors on this coin is the duplicate name of the Portuguese Cabral. In this case, the error can cause the value of the currency to be as low as R$30.
When there is a repeat of the word cent on the other side, the 1 cent coin from 2000 may also become more valuable. In this case, the citizen can sell the item for R$25.
It is possible that the 2000 one-cent coin was also printed with Cabral’s wrist broken. In this case there may also be an increase in the value of the piece. But there is still no agreement on the value.
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