2 euro coin with Elbphilharmonie engraving: valuable or not? A financial expert explains it!

2 euro coin with Elbphilharmonie engraving: valuable or not? A financial expert explains it!

According to a report by www.t-online.de, coins with a special Elbphilharmonie engraving were offered on Ebay for thousands of euros. However, the actual value of the coins is only around three euros. The reason for the high prices of some sellers is due to incorrect minting, which is particularly popular with collectors. There are also incorrect mintings of the 2 euro “Elbphilharmonie” coin, which are sought after by collectors.

Mismintings are rare due to the strong quality control in the production of coins, making them of high value to collectors. A well-known example of this is a 50-pfennig coin from Hamburg from 1949, of which only seven coins are known to exist today. The value of one of these coins is in the five-figure range.

In order to recognize incorrect embossing, there are various features such as stamp cracks or twisted motifs. Despite the high prices at which coins are offered on Ebay, this does not automatically mean that they actually have that value. It is recommended to have the value of a coin checked by an expert.

As a financial expert, it can be said that the market for rare coins and mis-mintings remains attractive for collectors. The high demand for these special pieces can lead to rising prices in this market segment. However, collectors and investors investing in such coins should have their value verified by experts to avoid bad purchases and ensure they are making the right investment.