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Help ID Brazilian Coins

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Author Previous TopicReplies: 3 / Views: 1,805Next Topic  
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Elokim's Avatar
Israel
17 Posts
 Posted 06/13/2014  12:46 pm Show Profile   Bookmark this topic Add Elokim to your friends list Get a Link to this Message Number of Subscribers
Hello Everyone,
Could someone tell me when these coins used to be legal tender in Brazil? Are they still?

This one's diameter is 2.5 cm (approximately 1 inch):


Help-ID-Brazilian-Coins

Help-ID-Brazilian-Coins

This one's diameter is 2.25 cm (approximately 0.9 inch):


Help-ID-Brazilian-Coins

Help-ID-Brazilian-Coins

Thanks in advance!
Pillar of the Community
aiglet7's Avatar
Canada
695 Posts
 Posted 06/13/2014  3:19 pm  Show Profile   Bookmark this reply Add aiglet7 to your friends list Get a Link to this Reply
This link to the Banco Central Do Brasil should be helpful to you:-

http://www.bcb.gov.br/?COINSER1
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Sap's Avatar
Australia
16868 Posts
 Posted 06/13/2014  8:30 pm  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
These coins belong to the "Brazilian real", the current currency unit in Brazil which was first introduced in 1995. These "first series" coins remain legal tender, except for the 1 real denomination which was withdrawn in 1998 and demonetized in 2003, having been replaced with a bimetallic coin.

Any coins that you might find denominated in "centavos" which are older than 1995 belong to previous Brazilian currencies, which suffered badly from inflation. While they might still technically be redeemable at the central bank, they would only be worth a tiny fraction of a current centavo.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
New Member
Elokim's Avatar
Israel
17 Posts
 Posted 06/14/2014  05:38 am  Show Profile   Bookmark this reply Add Elokim to your friends list Get a Link to this Reply
Thank you very much, everybody! You were right - it really is legal tender in Brasil.
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