Is the 2 euro coin really worth that much for 99,000 euros? Expert warns of excessive prices - Read the opinion of a financial expert here.

Is the 2 euro coin really worth that much for 99,000 euros? Expert warns of excessive prices - Read the opinion of a financial expert here.

According to a report by www.derwesten.de,

The sale of a two-euro coin for 99,000 euros is currently causing a stir on the Internet. It is a commemorative coin from the Hanseatic city of Bremen with a depiction of the Bremen town hall and the Roland statue, which is touted as “very rare”. The seller claims that it is a “monometallic variant,” which supposedly makes the coin unique and justifies its high value. However, an expert warns against buying at this exorbitant price and estimates the value at a maximum of 1,000 euros.

According to experts' opinion, the coin on offer is most likely not worth 99,000 euros, but a maximum of 1,000 euros. The value of a coin is determined, among other things, by its mintage, rarity and quality. The two-euro coin in question has a circulation of 30 million pieces, which puts its rarity into perspective. There are also similar offers on classified ads and official sales outlets that estimate the value of this coin to be a maximum of 450 euros or 12.99 euros. The claim that it is a “monometallic variant” has not yet been confirmed and does not significantly increase the value of the coin.

This discrepancy between the asking price and realistic value can affect confidence in the coin market. Sellers and buyers should be aware that the value of a coin depends on objective factors and that exorbitant asking prices are not justified. Overall, this case shows how important it is to view the collector coin market with caution and a critical eye.