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Rare R$1 note sells for R$16,000

You know those old banknotes that you have at home and think they have no value anymore? Well, know that one R$ 1 note signed by former president Fernando Henrique Cardoso (FHC) and by members of the Plano Real team, it was auctioned for R$16,000.

Read more: Central Bank intends to popularize the digital real; understand

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The 28th Anniversary Auction of the Real Plan

An auction took place last month, during the event in which the 28 years of the Real Plan were being celebrated, which was organized by the free liberal and supra-party movement.

The one real note that was auctioned not only had the signature of FHC, but also of Pérsio Arida, Gustavo Franco and Pedro Malan (former presidents of the Central Bank) and Edmar Bacha and Rubens Ricupero (economists famous).

Magno Karl, executive director of Livres, said during the occasion that it is important to reiterate the meaning of the Real Plan, because it was one of the most significant social policies in the country's history. It was through this plan that millions of families gained control over their own finances. However, today, the country is experiencing the opposite, in a scenario of inflation, poverty and inequality.

What was the Real Plan?

To deal with one of the biggest inflationary crises in history, the real was created in 1994, under the government of Itamar Franco. Prices were rising in Brazil at the time of marking machines by three thousand percent a year. Thus, the Plan was able to reduce high inflation to acceptable levels.

But do you know how to find out the value of a rare banknote or coin?

Based on this information, if one day you find some old bills or coins lost around your house, be aware, as they could be worth a lot of money! Therefore, it is recommended to look for specialists in numismatics (name for the study of coins and medals) to make an evaluation.

You can also search for official catalogs, such as “Catálogo Vieira Cédulas Brasileiras” and “Bentes Official Book of Coins of Brazil 1500-2022” to see how much they can be worth. In addition, it is always worthwhile to consult some videos of collectors on the internet for more information.

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