24/11/2024

What is the current price of the Argentine 1 peso coin, which is currently being sold for 50 dollars?

Viernes 25 de Agosto del 2023

What is the current price of the Argentine 1 peso coin, which is currently being sold for 50 dollars?

Find out what is the Argentine 1 peso coin with an error that can be worth up to $15,000 or almost 50 dollars.

Find out what is the Argentine 1 peso coin with an error that can be worth up to $15,000 or almost 50 dollars.

The obsession of collectors to obtain what they desire is surprising, since they are even willing to pay high sums of money for something as simple as a coin. Did you know that there is a currency that can be worth almost 50 dollars or $15,000 pesos?

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These Argentine one peso coins from 1985 are so valuable in the world of coin collecting due to a flaw in their production. In the word "provincias," it can be read as "provingias."

They are valued at almost 50 dollars on international numismatic websites, depending on the exchange rate of the country. It is also known that there are a total of 56 million of these specimens and thanks to the small spelling error, they are highly valued.

What is the currency worth $1 that is worth $15,000?

In the year 1995, the government of Carlos Menem commissioned the Royal Mint of England to create this currency. However, after receiving the shipment, they realized that on the reverse side of the coin, it did not say "provincias del Río de La Plata." On the contrary, the letter "g" was in place of the "c."

The Argentine peso from 1995 presents a spelling error that increases its value to $15,000.

"(The error) was detected shortly after the pieces were put into circulation when a significant portion of the batch had already been sent to the banks," mentions Ariel Dabbah in his book 'Errores de acuñación en la moneda nacional (1881-2016).'

On the other hand, numismatic specialists indicate that this type of coin, which has an error, is valued by collectors because they are limited in the market.

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