2 euro coin: Why some collectors pay thousands of euros for it - experts reveal the true value

2 euro coin: Why some collectors pay thousands of euros for it - experts reveal the true value

According to a report by www.derwesten.de,
A 2 euro coin can have much more value to collectors than just its face value. In particular, a 2 euro coin from 2018 with a misminting showing Charlottenburg Palace is being traded for up to 1,500 euros on online portals. Although the material value is only 3.90 euros, the collector's value is significantly higher due to the rarity and incorrect minting.

2 euro coin really that valuable?

The reasons for a high collector's value for euro coins are usually the old age of a coin or incorrect minting of the motifs. However, the Berlin piece in question here is less than ten years old - it dates from 2018. And the material used only has a total value of 3.90 euros. But why is it apparently so valuable?

Dealers charge up to 1,500 euros

Therefore, the euro coins in question are traded on online portals such as “classifieds” at prices of up to 1,500 euros. But be careful: This price is merely the seller's wish - and does not always reflect the actual value of a coin. As I said: The material value here is only 3.90 euros.

This development shows that the collector's market for coins continues to show strong momentum. The value of coins depends not only on the material, but also on the rarity, age and possible minting errors. Collectors and investors should be aware that the value of a coin can often be far greater than its material value. This can lead to increased interest in coin collections and increased demand for rare and flawed coins.