1 Euro Coins Price In India

3 min read Jul 06, 2024
1 Euro Coins Price In India

1 Euro Coins Price in India

Are you looking to buy or sell 1 Euro coins in India? This article will guide you through the current market prices of 1 Euro coins in India, their features, and some interesting facts about them.

Features of 1 Euro Coins

1 Euro coins are a part of the Euro currency used by the European Union. They are minted by the European Central Bank and have the following features:

  • Weight: 7.5 grams
  • Diameter: 23.25 mm
  • Thickness: 2.33 mm
  • Material: Nickel-Brass (75% copper, 20% zinc, and 5% nickel)
  • Edge: Smooth
  • Design: The common side features a map of Europe, while the national side varies by country.

Current Market Price of 1 Euro Coins in India

The current market price of 1 Euro coins in India may vary depending on their condition, rarity, and demand. Here are some approximate prices:

  • Circulated 1 Euro coins: ₹80-₹120 (approximately €1-€1.5)
  • Uncirculated (Mint) 1 Euro coins: ₹150-₹250 (approximately €2-€3.5)
  • Rare/Collectible 1 Euro coins: ₹500-₹1,000 (approximately €7-€15)

Why Buy 1 Euro Coins in India?

1 Euro coins are popular among collectors and investors due to their unique features and limited mintage. Here are some reasons why you might want to buy 1 Euro coins in India:

  • Investment: 1 Euro coins are a low-risk investment option, as their value tends to appreciate over time.
  • Collectibility: With 19 countries minting 1 Euro coins, there are a wide variety of designs to collect.
  • Souvenir: 1 Euro coins make a great souvenir for travelers visiting Europe.

Where to Buy 1 Euro Coins in India?

You can buy 1 Euro coins in India from:

  • Online marketplaces: Websites like Amazon, eBay, and Coinbazaar offer 1 Euro coins from various sellers.
  • Coin shops: Specialized coin shops in major cities like Mumbai, Delhi, and Bengaluru often carry 1 Euro coins.
  • Banks: Some banks may exchange 1 Euro coins, but the rates may not be favorable.

Before buying 1 Euro coins, make sure to research the seller, check the coin's authenticity, and negotiate the price.