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Does your euro coin have this flaw? Then you'd better not sell on eBay

2021-02-16T09:01:41.239Z


A 2 euro coin is worth two euros. But if there are miscarriages, flaws & Co., it can go a thousandfold. Then what to do with it? We clear them up.


A 2 euro coin is worth two euros.

But if there are miscarriages, flaws & Co., it can go a thousandfold.

Then what to do with it?

We clear them up.

You see it again and again on eBay or other marketplaces: euro pieces that are offered for many times their actual value.

It is primarily 2 euro coins that come from Europe.

Many then wonder: How does it work?

Rare euro coins are in great demand among collectors

If you then read through the descriptions of the commandments, it quickly becomes apparent that these are very rare coins that are therefore in great demand among collectors.

After all, they are not ordinary coins, but come from special editions, commemorative coins or they have so-called incorrect coins that make them so special.

Also read

: Do you have this "double" misprint?

Then 80,000 euros are in it

.

These

flaws can enormously increase the value of a coin

.

Often the owners do not even know that they have such a valuable coin in their wallet - who takes a closer look at their change?

But it always shows - a quick look is enough if you know what to look out for.

But how do these distinctive "features" come about?

After all, the embossing machines recognize during production if an error has crept in.

In addition, it is not as if the mints are not checked regularly.

There are always

random checks

.

Nevertheless, it can happen that every now and then a coin with a rare misprint slips through - and ends up on the market.

Also interesting

: These rare misprints are worth thousands of euros - check them out quickly

.

"Fried egg", double coinage or "Zainenden": These misprints are worth a lot

The following misprints are of interest to you: 

  • Fried egg coins

    : The inside is slightly higher than the outer ring or the color has run.

    They are few and far between and therefore particularly valuable.

Check out this post on Instagram

Fehlpräge 👀 # Fehlpräge #spiegelei #errorcoin #deutschland #germany # 2euro #euro # 2002 #numismatic # coin #coins #selten

A post shared by Torsten F. (@mauerwerksdesigner) on Jan 30, 2017 at 11:57 am PST

  • Stamp rotations

    : These occur when the stamping tools used for this purpose are aligned for the front and rear sides in an offset angle to each other.

    If you then tilt the coin about its longitudinal axis, the coin image is finally at an offset angle between ten and 350 degrees.

    However, stamp rotations at an exact 180 degree angle are even rarer.

  • Embossing weaknesses

    : Individual parts of the picture are only

    faintly

    recognizable.

  • Outdated maps

    : Often these are (old) euro coins, on which the various

    EU extensions

    are missing on the payment side.

  • erroneous inscriptions

    from other EU countries and not from the country in which the coin was minted.

  • Overprinting

    of individual parts of the coin image by other coin (blanks).

Check out this post on Instagram

2 euro Belgium struck on 1 euro planchet!

#erroreuro #errorcoin #errorcoins #error #euro #eurocoin #eurocoins #numsimatic #collection #planchet # Fehlpräge #misslag #fautee #belgium

A post shared by Error Euro (@euroerror) on Sep 8, 2018 at 7:23 am PDT

  • Double minting

    : Here an already completed coin was minted again by

    repeatedly striking the stamp

    .

    This can be seen from the fact that the contours can be seen at least twice on both sides of the coin.

    If the coin is struck several times, it increases its value enormously again.

Check out this post on Instagram

2 euro Netherlands double struck.

Very impressive deformation.

22 euro #erroreuro #errorcoin #error #errorcoins #euro #coin #misslag # Fehlpräge #fautee #numismatic # 2euro #netherlands #collection #eurocoins #eurocoin

A post shared by Error Euro (@euroerror) on Sep 28, 2018 at 12:27 PM PDT

  • Double countersink

    : This is also due to a faulty stamp.

    Individual, smaller parts of the coin design then appear twice on the coin.

  • "Zainenden": The

    shape of the coin is not circular, but rather

    deformed.

Check out this post on Instagram

1 euro Germany with big cud (broken die).

#error #erroreuro #errorcoins #errorcoin #germany #euro #eurocoin #numismatic #coin #coins # Fehlpräge #misslag

A post shared by Error Euro (@euroerror) on Jul 17, 2018 at 11:21 am PDT

Catawiki & Co .: How to sell euro coins with incorrect minting profitably

But what should you do if you happen to find such a wrong coin in your wallet?

How can you then turn this into money?

Various advisors then like to refer to

coin professionals or coin dealers

.

But you will also

find

out the information you need

at 

coin collecting fairs and online forums

.

However, if you want to determine the value of your coin yourself, you can also consult various coin catalogs.

The "

Great German

Coin

Catalog

", which shows coins from 1800 to 2017, is

recommended for newer coins

.

All coins, including commemorative coins, numis letters, gold coins and circulation coins, from Germany, Switzerland, Liechtenstein and Austria are listed here in

original size with front and back

.

Video: Euro coins production

V

Highlight: The coins shown are divided into different levels of preservation ("freshly minted", "extremely fine", "very fine" and "beautiful") and provided with the respective price.

Production methods such as "mirror gloss" or "stamp gloss" are included in the evaluation.

Read here

: If your 1 cent coin has this detail, it is worth a mega sum

.

But

beware of the antique or gold dealer

around the corner!

According to various expert sites, these are mainly interested in maximizing profits.

In concrete terms, this means that the valuation of your coins can drive up the price, but it can also

raise

false hopes

.

In the end, the calculated value is completely excessive - and you are left with your coin.

Find out here

: "Bares for Rares": Everything fake?

Juwelier is now taking a hard line with the broadcast

.

Professionals also advise against marketplaces such as eBay.

There are not enough experts and collectors around here who neither have the specialist knowledge nor the necessary budget.

In the end, you

don't get a fair price for the coin

.

Anyone who still wants to sell their coins online should find out about the value of the coin beforehand.

This is

done

via 

(international) online auction

platforms such as Catawiki.de.

A large number of buyers and experienced experts cavort here who examine your coins and offer them for sale in auctions.

After you have registered for free, you can also set your objects on your account.

These are then

valued by experts and released for auction

.

You can also use Catawiki to process all your transactions.

But be careful: not every coin is a bad coin

If coins have been in circulation for a long time, they wear out due to constant contact or use

.

It is therefore possible that coins that appear particularly conspicuous are not necessarily the same as incorrect mints.

Often it is only a matter of signs of use that can look deceptively similar to an incorrect coinage.

Counterfeits are also in circulation again and again.

This is why it is so important to first subject the respective coin to a professional examination at a coin dealer - whether stationary or online.

Also read

: Sensation in "Bares for Rares": This gold coin achieves record sums.

jp

The money before the euro: do you still know these EU currencies?

The money before the euro: do you still know these EU currencies?

Source: merkur

All life articles on 2021-02-16

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