![]() She is also the co-author of "The Geek Gap" and vice president of the American Society of Journalists and Authors. ![]() Minda Zetlin is a freelance writer covering business, money, tech and collectibles. You never know, one of your pennies could be worth the price of a nice dinner - or a whole lot more. With so many rare coins out there, being a "penny pincher" might not be such a bad thing after all. Additionally, they can help get your coin certified by a grading service and guide you through the entire selling process. Some auction houses offer free evaluations. If you think you've found a valuable penny, Stone suggests consulting a professional. If you think you've found a 1943 Bronze Lincoln, the Mint suggests testing it with a magnet first. Heritage auctioned a similar one - in slightly lower grade - for $186,000 earlier this month," he said.ĭue to its value, some counterfeits were created with steel cores. There is one known specimen with a deep cameo effect that sold at an auction in January of 2021 for the impressive value of 5,280,000. In 1933, all gold was recalled in the entire country and it became. The most valuable and rarest of these collectors items is the 1933 Double Eagle which sold for 18,872,250 at Sothebys on June 8th, 2021. Some of these old coins are very rare with mintages less than 10. ![]() The only issue is that in 1928 when they were being sold, the economy was in a total crash, and nobody seemed to be interested in buying gold coins from the government. The top 10 most valuable US coins of all time have a combined value of around 83,000,000 as of 2023. "A nice circulated example, like Lutes' coin, could sell for around $150,000 to $200,000. Same as the 1804 Class 1, this valuable coin was probably minted in the 1830s as a diplomatic gift. 1927-D Double Eagle- This 20 gold coin had 180,000 originally made. Stone estimates that 15 to 20 are known to collectors today, although it's possible that there are a few that have not yet been accounted for. Today, the 1943 bronze Lincoln cent is described as "the most famous error coin in American numismatics" - and the odds of finding one are astronomically against. "The few bronze coins that were struck went unnoticed and got released into circulation." At least, that's what was supposed to happen.Īs fate would have it, "some of the old bronze planchets got stuck in the big tote bins that the Mint used to feed the coin presses at the end of 1942," he said. Mint switched to making pennies from zinc-coated steel planchets, instead of the usual bronze coin blanks, Stone explained. ![]() In order to preserve copper for the war effort, the U.S. "The most valuable Lincoln cent sold privately in 2010 for $1.7 million," said Stone. This could be an interesting hobby that allows you to get in touch with your roots.Only a handful of these bronze pennies have been discovered, including the one found by Lutes. Some older folks have mentioned how finding certain coins will bring them back to childhood. Many coin collectors also believe in the historical significance of the coin. Depending on the rarity, condition, and historical value, the coin you find could be worth a decent amount at the right auction. You can replicate this process with coins and begin searching for valuable coins still circulating.Ĭoin roll hunting is about searching through rolls of coins to find valuable ones. Golden Eldorado The 1849 20 Liberty double. Some collectors go through yard sales and auctions to find rare art pieces. King of Coins The 1794 flowery liberty silver dollar ranks among the most valuable coins in the US. There are also extensive databases with lists of highly valuable pennies that are worth exploring. For the most accurate information, you’re going to want to check online auctions and websites like Coin Trackers to determine the potential value. Canadian coin databases have also listed valuable ones that could be found in pocket change on your next trip. The Royal Mint recently shared some of the most expensive coins that could be in your change jar. 1965 Queen Elizabeth II Large Beads 5 Cent.Here are some foreign coins that you could find on your next trip: While this list was originally going to cover only U.S.-based coins, we discovered many other coins you could find on an overseas trip or when crossing the border into Canada. According to a story on CNBC, 7.7 billion pennies were created in 1983, and only 5,000 of them had this doubling error. What apparently makes this penny unique is that it’s missing a mint mark, which is the marking on the face side that states where every coin was made.Ĭoin enthusiasts refer to this as a “double die reverse” coin since the stamping machine accidentally landed in a different spot, which caused a double image. Make Your Money Work Better for You 1983 Penny With No Mint MarkĪccording to Blake Alma of CoinHub, this rare penny can go for up to $7,000.
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