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Incredible but true: this 1 cent coin is worth 6,000 euros!

© JDG

Note to numismatists. In general, 1 cent coins are not worth more than their face value. Worse, they are threatened with suppression by the European Commission and could therefore soon disappear, although no date has yet been set.

Is there a treasure hiding in your wallet??

Some of them are worth a small fortune, however. Issued in 2002 in Italy, the latter is worth 600,000 times its face value, or around 6,000 euros! Note that the obverse side includes an engraving of the Mole Antonelliana, a symbolic monument of Turin. It must be said that an improbable story lies behind this success, as explained by our colleagues from Journal du Geek (JDG).

Indeed, after a print run of 7000 copies, a controversy ensued. The general public did not appreciate that this model was put up for auction. The Italian police therefore decided to seize these coins, but, after a dispute which lasted 11 years, the authorities finally put them back into circulation.

Only 12 pieces have since been identified. Clearly, there are thousands of others in the hands of the public, and a real little treasure may be hiding in your wallet! Unfortunately, and as JDG explains, most of the other coins, especially the French ones, are not worth more than a cent.

Very sought-after 0 euro notes

As a reminder, we recently talked to you about this new fashion for 0 euro notes. Since last February, some of them have been on sale in France to commemorate the landing in Normandy and the 80th anniversary of the liberation of France in 1944.

Taken at Only 3000 copies, they are numbered from 000001 to 003000. Each document is a small work of art which highlights design details in order to highlight these historical moments. This may seem surprising, but even if these have no legal value, they are highly sought after by collectors who snap them up. To find out more about these valuable objects which have become more and more widespread in recent years, you can always reread our article on this subject here.

What to remember:

  • A 1 euro cent coin is now worth up to 600,000 times more, or 6,000 euros
  • Put into circulation in 2002, its face side includes an engraving of the Mole Antonelliana, a symbolic monument of Turin
  • Unfortunately, most 1 cent coins are not worth more than their face value. The latter could also soon disappear, but no deadline has yet been set by the European Commission

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Teilor Stone

By Teilor Stone

Teilor Stone has been a reporter on the news desk since 2013. Before that she wrote about young adolescence and family dynamics for Styles and was the legal affairs correspondent for the Metro desk. Before joining Thesaxon , Teilor Stone worked as a staff writer at the Village Voice and a freelancer for Newsday, The Wall Street Journal, GQ and Mirabella. To get in touch, contact me through my teilor@nizhtimes.com 1-800-268-7116