In the wonderful world of coins, there are mistakes that can turn an ordinary coin into a real treasure. This is the case of a 1 Euro coin minted in Greece in 2002. Due to a mistake in its stamping, it reached surprising prices on selling platforms such as eBay.
While its face value is just €1, this rare item could be worth a weekend in Mallorca. How is this possible? Join us on this journey to find out.
1 euro coin has value error
In 2002, Greece issued a series of 1 Euro coins featuring an interesting design. On the reverse of these coins is an image of an owl, a symbol of wisdom in Greek culture, along with stars surrounding the rim. However, not all coins in this series are valued equally.
On one of the stars on the other side, an extra “s” was discovered that should not have been there, causing a minting error.
This small mistake has sent the value of the 1 Euro coin to astonishing heights. While the common 1 Euro coin from Greece has the stated face value, a coin with this error can be found on eBay for prices of around 750 Euros.
This discrepancy in value is due to the rarity of the error and the demand from coin collectors who are willing to pay much more than the face value.
From currency to smuggler to Mallorca
With a misplaced €1 coin selling for up to €750, you might think you could travel to Mallorca, one of Spain’s most beautiful islands. Mallorca is famous for its paradise beaches, vibrant nightlife and rich historical heritage.
The perfect Balearic weekend could become a reality thanks to the money raised from the sale of this rare coin. To give you an idea, you can enjoy a three-day trip to Mallorca for 750 euros. With accommodation in a mid-range hotel, return flights from the peninsula and a range of tourist activities.
Imagine wandering the cobbled streets of Palma, exploring the majestic Serra de Tramuntana mountains, or relaxing in one of the many coves with crystal clear waters.
How do you recognize this currency?
For coin collectors and coin enthusiasts, identifying this coin is relatively easy if you know what to look for. The distinguishing feature is the letter “s” in one of the stars on the reverse. Be sure to examine your coins carefully, especially if you have coins minted in Greece in 2002.
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