In the fascinating world of numismatics, collecting coins is an exciting activity that attracts many collectors. In addition, this type of collecting is gaining more and more followers who want to get their hands on the most special and unique coins.
At the same time, in recent years, the way of collecting is quite different from what it used to be. And that is because now it is much easier to get information and learn about the history of coins.
On the other hand, also in recent years, very high prices can be obtained with many coins, depending on their age, the place of minting and the errors that have been made in their manufacture.
Exorbitant prices on the resale market
In addition, several commemorative coins have recently been put into circulation to mark special events which, with the passage of time, end up being sold at exorbitant prices on the resale market.
In Europe, for example, two-euro coins stand out, as, as we said, they can change the design on one side to launch commemorative editions or celebrate special events.
Up to 2,400 euros for a minting error
Without going any further, among all these coins that have changed design, there is one that was issued by the Central Bank of Lithuania and minted in 2021. One side is dedicated to the Zuvintas Nature Reserve, a space that has been listed as a World Heritage Site.
For these coins, which feature a design with different animals from the nature reserve, prices of more than 2,000 euros have been paid in recent years. However, only those that had a minting error in the design on their edge have sold for that price.
An error that was related to the inscription that Lithuania usually uses on its coins (Laisve Vienybe Gerove; Freedom, Unity, Welfare). Unlike most of them, all these unique coins had a completely different inscription: Dievs Sveti Latviju; God Bless Latvia.
At the same time, according to the Bank of Lithuania, some of the coins have the edge corresponding to another country, Latvia. In this sense, of the 500,000 units issued, 500 had this error. That is to say, very few. This meant that all these coins have increased in value over the years.
