Does your euro coin have this error?

Then you better not sell on eBay

Created: 2022-06-07 10:59 am

By: Jasmin Pospiech

Some euro coins are very rare and also very valuable - thanks to their mis-stamps.

© Julian Stratenschulte/dpa

A 2 euro coin is worth two euros.

But if there are incorrect embossing, blemishes & Co., it can be a thousand times over.

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.

There are primarily 2 euro coins that come from Europe.

Many then wonder: How does that work?

Rare euro coins are highly coveted by collectors

If you then read through the descriptions of the bids, you will quickly notice that these are very rare coins, which 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

.

These

.

Often the owners don't even know that they have such a valuable piece of money in their wallet - who takes a closer look at their small change?

But again and again it turns out - a quick glance is enough if you know what to look out for.

But how do these striking "features" come about in the first place?

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

Also, it's not like mints aren't regularly inspected.

There are always

.

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

Also interesting

.

"Fried egg", double embossing or "Zainenden": These incorrect embossings are worth a lot

The following misprints are of interest to you: 

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• Fried Egg Coins

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

  They are rare and therefore particularly valuable.

• Stamp

  Rotation : This occurs when the front and back embossing tools used are oriented at an offset angle to each other.

  If you then tilt the coin around its longitudinal axis, the coin image is finally at an offset angle of between 10 and 350 degrees.

  Even rarer, however, are stamp rotations at an exact 180-degree angle.

• Weaknesses

  in embossing : Individual parts of the image are only

  faintly

  recognizable.

• Outdated maps

  : These are often (old) euro coins on which the various

  EU extensions

  are missing on the payment side.

• erroneous inscriptions

  of other EU countries and not those of the country where the coin was minted.

• Overstamping

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

• Double embossing

  : Here, a coin that was already finished was embossed again by

  multiple impacts of 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 minted several times, it increases its value enormously.

• Double sink

  : This too is due to a faulty punch.

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

• "Zainenden":

  The shape of the coin is not circular, but

  deformed.

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

But what to do if you happen to find such a mis-stamped coin in your wallet?

How can you then monetize them?

Various advisors then like to refer to

.

But 

you will certainly find out the necessary information at

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

Coin Catalogue ", which shows coins from 1800 to 2017,

is recommended for newer coins .

All coins, including commemorative coins, numismatic covers, gold coins and circulation coins, from Germany, Switzerland, Liechtenstein and Austria are

.

Video: euro coin production

Highlight: The coins shown are divided into different grades ("freshly minted", "excellent", "very fine" and "fine") and provided with the respective price.

Types of production such as "mirror gloss" or "uncirculated" are included in the evaluation.

Read here

.

But

around the corner!

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

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

raise

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

Find out here

.

Professionals also advise against marketplaces such as eBay.

There are too few experts and collectors who have neither the expertise nor the necessary budget.

In the end, you

this way .

If you still want to sell your coin online, you should find out about the value of the coin beforehand.

This can be done via 

platforms such as Catawiki.de.

There are a large number of buyers and experienced experts who appraise your coins and offer them for sale in auctions.

After you have registered for free, you can already post your objects on your account.

These are then appraised

.

You can also have all your transactions processed via Catawiki.

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

View photo gallery

But beware: Not every coin is also a mis-stamp

If coins have been in circulation for a long time, they wear out accordingly through constant contact and use

.

It is therefore possible that coins that appear particularly conspicuous are not necessarily the same as mis-stamps.

It is often only a question of signs of use, which can look deceptively similar to an incorrect embossing.

Fakes are also in circulation again and again.

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