They are paying 70 thousand dollars for this old Argentine coin from 1881

The scarcity of available examples has boosted its prestige within the numismatic universe, capturing the attention of experts and enthusiasts all over the world. In the world of coin collecting, certain pieces achieve an almost mythical status due to their rarity, their history and the mystery that surrounds them. One of these gems is the Argentine coin known as the “Medio Argentino”, a piece that was minted in 1881 and which today, more than a century later, reaches a value of over 70 thousand dollars on the international market.

They are giving 70 thousand dollars for this Argentine coin

This exclusive coin was created as part of an ambitious attempt by the 19th-century Argentine government to establish a robust and reliable monetary base. In that context, the “Medio Argentino” was produced in an extremely limited edition, consisting of just nine gold models that never officially entered circulation.

These pieces were designed as prototypes and not as legal tender, which makes them even more special.

Over the years, the value of the “Medio Argentino” has only grown, and every time one of these nine pieces appears at an international auction, expectations skyrocket. Ariel Dabbah, one of the most renowned numismatists in the region, explained that the gold content, added to the technical difficulty of its production and its limited quantity, mean that the price of the coin today exceeds 70 thousand US dollars.

In addition to the “Medio Argentino”, there are other historical coins from the same series that are also in high demand. The so-called “Argentinos de Oro”, which were issued between 1881 and 1896, are also highly sought after due to their connection with a key period in Argentina’s economic history. These coins, which are not only valued for the material they are made of, are also loaded with deep symbolism.

Beyond their economic value, the “Medio Argentino” is a time capsule that allows us to take a look at a period of transformation for Argentina. In a context where gold is still a relevant and reliable asset, this currency is much more than an investment: it is a tangible testimony to the aspirations of a country that was committed to institutional strength.

Mila/ author of the article

I’m Mila, a passionate writer living in Canada. I love crafting articles that inspire and inform, letting my creativity shine through!

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