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. Its unclear why the coin was originally minted, but many intriguing theories exist. 1894-S Barber Dime: Last bought at 2.4 million, this mysterious coin had 24 made, but only nine are left. "A nice circulated example, like Lutes' coin, could sell for around $150,000 to $200,000. 1913 Liberty Head V Nickel: Valued at over 5 million, only five coins exist and arent technically registered with the U.S. Best of all, the price of the coins you find is unbeatably low. Five Tips for Identifying Valuable United States Coins Same Coin, Different Face. 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. Looking for treasure in pocket change is fun and can be rewarding in a tangible sense, as well. These coins are so rare that fewer than one in a billion people own one. I almost feel guilty including this coin on a list of valuable coins hiding in your pocket. That may not be a fortune, but it’s still a lot more than the face value of each coin. 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. That means a quarter may be worth about 5 and a dime about 2. And just like the collectors of the steel pennies, people looking for silver nickels are in it for the novelty. Much like the story with the steel pennies, these nickels with 35 silver come from wartime when nickel needed to be used for other things. "The few bronze coins that were struck went unnoticed and got released into circulation." Silver Nickels from 1942-1945 / Valued: 56¢ to 12.25. ![]() 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. Who knew a small error could turn a one-cent piece into a 3,500 treasure Minted in San Francisco in 1970, you can identify this rare coin by checking the. "The most valuable Lincoln cent sold privately in 2010 for $1.7 million," said Stone. Only a handful of these bronze pennies have been discovered, including the one found by Lutes.
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