Home Politics A 5-zloty coin is worth 100,000 euros!

A 5-zloty coin is worth 100,000 euros!

Coin collectors are vying for this extremely rare five-pound coin

by Mireille Lajoie

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Coin collectors are fighting over this extremely rare five-pfennig coin. The five-zloty coin, nicknamed “Najka,” is considered the rarest coin ever to circulate in the Second Polish Republic. Some collectors are even willing to pay 100,000 zlotys for it!

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The Nike five-zloty coin is worth a fortune.

This coin was issued in 1928 and again between 1930 and 1932, but the five-zloty coin was withdrawn due to a change in the currency system.

Today, it remains a true treasure for coin collectors.

What does this valuable coin look like? The obverse features an eagle wearing a crown. The reverse depicts the goddess of victory, Niki. According to official estimates, between 26 and 120 examples of this rare 1932 coin exist in all of Poland.

After this issue was withdrawn from circulation, the Warsaw Mint melted down 22.8 million five-zloty coins out of a total mintage of 26.7 million. “The vast majority of the 1932 coins were melted down (…)” states the J. Halupski Special Catalogue of Polish Coins.

This is because there are so few coins of this type in Poland that they are worth almost 100,000 zlotys.

The coin itself is very rare, so regardless of its condition, it will be worth a considerable sum. The lowest amount collectors are willing to pay for a Nike coin is estimated at 25,000 zloty. The maximum amount can reach 100,000 PLN if the coin is in perfect condition.

The most expensive collector’s item in the world

The most expensive coin in the world is undoubtedly the Crown Ducat of Sigismund III Vasa. It is a very rare coin, created by the medalist Samuel Ammon. In January 2018, 100 Crown Ducats of Sigismund III Vasa were purchased for the record price of $2,160,000.

 

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