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Rare €2 coin could be worth more than €2,500

A RARE €2 COIN COULD BE WORTH MORE THAN €2,500There is a 2007, Monaco minted €2 coin that has become one of the most sought after and valuable pieces in any coin collection, fetching  over €2500 from collectors.

In 2007, Monaco minted a €2 coin that commemorated the 25th anniversary of Princess Grace Kelly's death and had a circulation of just 20,001 copies, all in proof quality and presented in its own case. Its value has reached 2600 euros, according to experts.

Numismatics, the science of coins and medals, continues to be a passion for collectors and investors, and the coin market is followed by many collectors. Collections of ancient coins can reach very high values, but there are also contemporary coins that can be worth significant amounts, especially if they are rare or commemorative examples. 

For a coin to have a value substantially higher than its nominal value, it must present several specific characteristics, such as circulation size, edition, presence of errors, rarity and, often, historical relevance, such as tributes or celebrations.

It is very important to seek guidance from a numismatic specialist to understand the characteristics of the coin and its true value, as only specific examples can reach high values, and appropriate advice helps to avoid possible fraud.

A striking example lies in commemorative coins. Eurozone countries have the possibility of issuing two commemorative coins per year, as Monaco and Lithuania did with the 2 euro coin.

The €2 coin was issued on July 1, 2007 and consists of a nickel core coated in nickel-brass, with a cupronickel ring. It weighs 8.6 grams, has a diameter of 25.75 mm and a thickness of 2.2 mm.

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