10 American coins that could get you a fortune
'13.11.2023'
Alina Prikhodko
Many Americans remain hobbyists at heart, but some view old coins as an investment and collecting them as a pursuit of profit. Regardless of the motivation, coins worth hundreds of thousands or even millions of dollars will not be found by emptying all your pockets or unfolding the couch cushions. He spoke about coins that are still in circulation and have high value. Yahoo Finance.
The privileged segments of the population not only accumulated wealth, but many centuries ago began to collect coins of artistic or historical value. Coin collecting and the study of currency, or numismatics, have been popular pursuits for many years both here and abroad.
Currently, there are many valuable coins in circulation. Antique coins are important, but the real value comes from coins that are minted with errors in small batches and with double dies (essentially mis-stamping a coin, resulting in a duplicate image) that are difficult to recognize at first glance.
5 Most Valuable US Coins
1943 Lincoln Head Copper Penny According to a press release from the United States Mint, this rare coin is one of the most coveted coins among collectors as only 40 copper cents are known to exist. All other pennies of the era were struck from galvanized steel because copper and nickel were needed for the Allied war effort. The coin has an estimated value of $10, but the highest amount paid for a 000 copper cent was $1943 in 82.
On the subject: Rare American banknotes that can sell for large sums to collectors
1955 Doubled Die Penny – most of those 20 000 pennies were distributed as change from cigarette vending machines. Doubling the numbers and letters means they cost about $1955 each.
1969 Lincoln Cent with obverse double stamp – The value of this cent in near perfect condition, according to Invaluable, is about $126, however, there are fewer than 000 genuine copies, but many fakes.
1982 Roosevelt Dime (10 cents) without coinage. Marks are the letters on coins that indicate where they were made (“P” for Philadelphia, “D” for Denver, etc.), but this 1982 dime does not have a coin mark. Without significant value ($30 to $300 depending on condition), these dimes are worth much more than their face value.
2005-D 5C Speared Bison Jefferson Nickel – if you come across a 2005 nickel with a picture of a spear going through the back of a buffalo, hold it tight. Invaluable claims that in a certain condition, you can get $400 for that nickel. However, according to Invaluable, in 2010 such a spear was sold at auction for $1265.
The most valuable historical US coins
In case you come across a century-old sofa, don't forget to lift the cushions and check for unique American coins from the past. Most of them will make you an instant millionaire, according to Invaluable.
1794 Flowing Hair Dollar – The first silver dollar issued by the US Mint sold in 2013 for $10 million.
1913 Liberty Head Nickle – 2013 was a good year for selling coins at auctions. Only five of these coins are known, and the last one sold for $3,1 million.
1870-S Seated Liberty Dollar – the last coin was sold for $1,3 million in 2008, but there is no official data on its release, although 11 copies were tracked down.
1927-D St Gaudens Double Eagle – When President Roosevelt recalled all gold coins in 1933, there were approximately 180 Double Eagles in circulation. Today, between 000 and 11 coins are in the hands of collectors.
1838-O Capped Bust Half Dollar – The New Orleans mint was the first to issue silver coins, minting only 20 copies. To date, only nine coins are known to exist.