1. Historical Context

The 1961 2 Cruzeiros coin belongs to the “Armas da República” (National Arms) series, minted between 1957 and 1961.
This period corresponds to the so-called “Republic of the United States of Brazil” (1889–1967), before later monetary reforms.

The coin was produced by the Casa da Moeda do Rio de Janeiro (Brazilian Mint), without a specific mint mark.

2. Physical and Artistic Features

• Metal / Composition: Aluminum (almost pure aluminum)
• Weight: Approximately 2.70 g (some sources list 2.76 g)
• Diameter: Approximately 25.26 mm
• Thickness: About 2.16 mm
• Edge: Reeded (serrated)
• Orientation: Coin alignment “↑↓” (when rotated, the reverse appears upside down)
• Minting technique: Industrial striking

Obverse: Features the Coat of Arms of the Brazilian Republic, with the central star surrounded by smaller stars representing the Southern Cross, flanked by coffee and tobacco branches — key symbols of Brazil’s economy at the time.
The inscription reads: “REPÚBLICA DOS ESTADOS UNIDOS DO BRASIL”.

Reverse: Shows the denomination “2 CRUZEIROS” centrally, above a line, and the year “1961” below.

3. Mintage and Variants

• The 1961 mintage was approximately 24,924,000 coins.
• Variants include “inverted reverse” and “horizontal reverse” for certain specimens.
• The catalog reference is KM# 571 in the Krause‑Mishler catalog.

4. Circulation and Demonitization

The coin was legal tender during the Cruzeiro period (second phase) and was demonetized on February 13, 1967, losing its legal tender status.

5. Numismatic Value (Price / Market)

The value of a 1961 2 Cruzeiros coin varies significantly depending on its condition:

• Typical values range from US$ 0.20 to US$ 3 for circulated examples.
• Some listings show coins priced around US$ 2–3 for average circulated condition.
• In Brazilian collector markets, common coins may sell for around R$ 9–10.
• Exceptional specimens (uncirculated or “Mint State”) can fetch much higher prices, occasionally up to R$ 850, though this depends on rarity and preservation.

6. Rarity and Collector Interest

• Although the overall mintage was high, certain years or variants (inverted or horizontal reverse) attract more collector interest.
• Made of aluminum, the coins are lightweight and tend to wear easily, which affects collector value.
• Coins in Mint State or nearly uncirculated condition are more valuable.

7. Historical / Symbolic Significance

• Represents the era of the Cruzeiro as Brazil’s currency, before later currency reforms.
• The Republican Coat of Arms symbolizes national identity and highlights the importance of coffee and tobacco to Brazil’s traditional economy.
• Numismatically, it is accessible to beginner collectors but offers rare variants for more experienced enthusiasts.

8. Tips for Collectors and Buyers

• Assess condition: Worn coins are less valuable; aim for well-preserved or Mint State examples.
• Verify authenticity: Check sources, detailed photos, weight, and diameter.
• Compare prices: Consult multiple numismatic sites, auctions, and specialist shops.
• Storage: Use coin capsules or envelopes to prevent scratches or damage, as aluminum is soft and prone to wear.