We all know that coins have a face value, i.e. their monetary number, and usually have an image on them. But have you ever heard of one? bifacial coin? This is a curiosity that has caused a lot of controversy in the numismatics market. Here let’s try to clarify what a bifacial coin is and why it is so valuable.
What is a Bifacial Coin?
A bifacial coin is one whose front and back have the same images and characters, that is, it has two identical sides.
Quality control during coin minting
The Brazilian Mint states that it is impossible for a coin to have two equal sides during minting because the molds used in minting are tracked and the process of adjusting and removing the molds would be child’s play. However, manufacturing defects can occur, such as: B. Double strike, 180° reversal (upside down) and hybrid coins (minted in the shape of a different denomination).
The rarity of the Bifacial coin
Finding a bifacial coin is challenging, especially because it is unlikely that anyone who has one will give up this rarity. Additionally, there is controversy over the authenticity of the bifacial coin, as the Brazilian Mint has modern processes and strict quality controls. Does it really exist? On the Internet we find several videos of bifacial coins and if you have one, you have a “treasure” on your hands.
Bifacial coins on the collectors market
Despite the controversy, two famously bifacial coins have already appeared on the collectors’ market: the 1 real coin and the 50 cent coin. The 2008 bifacial 1 real coin was auctioned twice, the first for R$5,100.00 and the second for R$5,950.00. The bifacial 50 cent coin sold for R$5,100.00.
The Bifacial Currency Controversy
The discussion about the bifacial coin involves different opinions between excellent numismatists recognized by the collecting community and the Brazilian Central Bank. Because while numismatists confirm the authenticity of the bifacial coin, the Brazilian mint denies its existence.
How to identify a bifacial coin
Identifying a bifacial coin requires a trained eye and specialized numismatic knowledge. In addition, it is important to be careful and suspicious of very attractive offers to avoid fraud and losses. It is recommended to seek advice from experienced professionals before purchasing rare coins.
Bifacial coin videos
Famous Hummingbird coin worth up to R$7,000
One of the most soughtafter currencies, for example, is the 1 real hummingbird. This is an article introduced by the Central Bank (BC) in 2019. The idea at the time was to launch this item to celebrate the 25th anniversary of the socalled Plano Real. The edition was not the largest, which made them rarer and more valuable.
As the name suggests, one of these coins features the figure of a hummingbird on one side. The reverse is basically the same as all other more traditional currencies. Official data from the Central Bank (BC) suggests a circulation of 25 million units.
Below is a general breakdown of the characteristics of the coin in question:
- The side of the coin depicts a hummingbird feeding chicks in a nest.
- At the very end of the golden ring you can read the words “25 years of Real” and “1994 Brazil 2019”;
- The year of manufacture (2019) is engraved at the bottom of the crown of the coin.
The Hummingbird coin was launched in 2019. Image: Reproduction
According to experts, this piece could cost up to $7,000 for as long as it is one Bifacial currency. A seemingly simple R$1 coin can currently “solve problems” for thousands of people. It is possible that the citizen has a small fortune hidden at home and does not know it.
Coin 1 real hummingbird. Image: Catalog of coins with errors 2023
Another 1 real bifacial coins worth up to R$ 7.5 thousand
In addition to the famous Hummingbird coin, we have 4 other bifacial 1 real coins:
You can find out more details about these coins in the picture:
Coin 1 bifacial genuine. Image: Coin catalog with errors 2023
Where can you sell rare coins?
For those who are looking Sell your rare coins, there are multiple possibilities. However, before taking this step, it is important to first assess the value of the currency. For this purpose, you can send photos and information to experts, such as Brasil Moedas Leilões.
After receiving the review, you can look for alternatives to sell your product rare coins. The best options include:
- Brazilian Numismatic Society website;
- Specialty stores numismatics;
- coin auctions;
- ecommerce such as eBay, Amazon and Mercado Livre;
- coinoperated department stores;
- Personal meetings;
- Ads with a focus on numismatics.
Promoting your coins on sites like eBay or Mercado Livre can be beneficial as you may find buyers who are willing to pay a little more for your coins. rare coins. Additionally, you don’t have to pay any fees or commissions to third parties because the entire transaction is directly between you and the buyer. However, be aware of shipping costs and possible website management fees before finalizing the deal.
Who buys rare coins?
There are several buyers of rare coins Who might be interested in your pieces? The most important include:
- Collector’s House: Visit the website or contact us at (41) 999277034;
- Caravelas Coleções: Visit the website or contact us at (19) 971292030;
- Antiques Black Market: Visit the website or contact us at (51) 993142007.
- Numismatic World: Visit the website or call (also WhatsApp) at (51) 982250800
- Eduarte Numismatics: WhatsApp 41 999018688
- Prado Numismatics: WhatsApp 42 991667700
For the rare coins can be an interesting investment. However, it is important to remember that the value of a coin is determined by several factors such as: B. Rarity, condition and market demand. Therefore, it is advisable to conduct careful research and consult a numismatics expert before buying or selling a coin.