You might know that collectibles like Beanie Babies or DVDs can fetch high prices, but not all valuable items are hidden away in your closet or attic. You may want to check your change jar instead: certain rare coins can be worth significantly more than their face value. Keep in mind that collectors pay close attention to condition, with uncirculated coins being particularly sought after. To maximize your potential sale, the coin needs to be in mint condition.
1. 1943 Lincoln Head Copper Penny
It may seem surprising to think of a copper penny as a rarity, but in 1943, it certainly was. During that year, copper was vital for the war effort, prompting the U.S. Mint to produce pennies from steel, which were then coated in zinc for a shiny finish. However, a small batch of copper pennies was accidentally minted. Since very few of these coins entered circulation, those that did are highly valuable real 1943 copper pennies can fetch prices as high as $336,000. Just be cautious, as many counterfeits exist. A quick way to test authenticity is to use a magnet; if it sticks, it’s steel; if it doesn’t, it might be copper.
2. 1955 Doubled Die Penny
If you stumble upon a doubled die penny, you might think you’re seeing things, but it’s simply the result of a slight misalignment during the minting process, creating a doubled image. In 1955, between 20,000 and 24,000 of these pennies were distributed, mostly as change from cigarette vending machines. The doubling is prominently visible on the letters and numbers, while the image of Lincoln remains unaffected. A 1955 doubled die penny in “extremely fine” condition could be valued at up to $2,700.
3. 2004 Wisconsin State Quarter With Extra Leaf
If you’re a collector of state quarters, take a closer look at your Wisconsin quarter. Among the 453 million quarters minted in 2004, a small number feature an extra leaf on a corn husk, which some believe was added intentionally by a Mint employee. Depending on the coin’s condition, these “extra leaf” quarters have sold for as much as $300. If you’re in the Tucson area, keep an eye on your change approximately 5,000 of these special coins have been found there.
4. 2009 Kew Gardens 50P Coin
Rare coins aren’t exclusive to America. In 2009, the Royal Mint issued only 210,000 50p coins to commemorate the 250th anniversary of the Royal Botanical Gardens. Featuring the iconic Kew Gardens Pagoda, this coin has proven to be a worthwhile investment, with prices reaching around $313 on platforms like eBay.
5. 2005 “In God We Rust” Kansas State Quarter
The 2005 “In God We Rust” Kansas State Quarter is not a commentary on religion or government but rather an error caused by grease accumulation in the coin die, which obscured the letter “T” in “Trust.” While grease errors are not particularly rare and typically don’t command high prices, this particular mistake is noteworthy enough to interest collectors. Although it won’t make you rich, finding one of these coins could add an extra $100 to your pocket.
6. 2000 Australian $1/10 Mule
An error at the Royal Australian Mint in Canberra led to the creation of a unique coin: some $1 coins were minted with the Queen Elizabeth II obverse that is normally found on 10-cent pieces, a combination known as a “mule.” This results in a double rim on the “heads” side of the coin, and collectors may pay several hundred dollars for this intriguing piece.
7. 2008 Undated 20P Coin
In November 2008, the Royal Mint produced between 50,000 and 250,000 20p coins without a date, resulting in a notable error. While these coins are relatively common, making them unlikely to make you wealthy, discovering one could still earn you about $100, which is a nice bonus for a 20p piece.
8. 1982 No Mint Mark Roosevelt Dime
Typically, U.S. coins display a mint mark to identify where they were produced, such as “S” for San Francisco, “P” for Philadelphia, and “D” for Denver. However, in 1982, the Philadelphia Mint overlooked this detail on some Roosevelt dimes, marking the first time this error occurred in U.S. coinage. Although the exact number of these dimes is unknown, around 10,000 were found in Sandusky, Ohio, after being circulated as change at Cedar Point amusement park. A Roosevelt dime without a mint mark can sell for about $50 in excellent condition.
9. 1997 Double-Ear Lincoln Penny
Abraham Lincoln was known for various physical traits, including his height and a posthumously identified facial asymmetry, but he certainly did not have double ear lobes. However, a 1997 penny that seems to show this feature has gained attention among collectors. One example was sold on eBay for $70.
10. 1999-P Connecticut Broadstruck Quarter
Another state quarter that can fetch more than its 25-cent value is the 1999 Connecticut quarter, which was “broadstruck,” meaning it was not properly aligned during minting. If you own one of these coins, it could be worth about $27.
11. 2005 Speared Bison Jefferson Nickel
Do you have a 2005 nickel that looks like the buffalo on the reverse side has been speared? This appearance is due to a gouge or deep scratch on the die during minting. While you might get around $50 for one, if it’s in mint condition, its value could rise to as much as $400.
12. Roosevelt Silver Dimes and Washington Silver Quarters
Today, dimes and quarters are made from a copper-nickel alloy and contain no silver. However, prior to 1965, both 10-cent and 25-cent coins were composed of at least 90% silver, giving them intrinsic value in the metals market. While not particularly rare, these coins can still be sold for much more than their face value. For example, a Roosevelt silver dime sold for about $9 on eBay, while a Washington silver quarter fetched a similar price.
13. 1983 “New Pence” 2P Coin
In 1983, the Royal Mint mistakenly produced 2-pence coins using a die from 1971-1981 that read “New Pence” instead of “Two Pence.” This error has made these coins highly sought after. A complete Royal Mint Martini set featuring the New Pence error recently sold for $1,256 on eBay.
14. 2007 “Godless” Presidential Dollar Coin
In 2007, the U.S. Mint released new George Washington dollar coins that were accidentally minted without the inscription “In God We Trust.” Experts initially estimated that these flawed coins could eventually sell for around $50 once the market stabilized. This prediction turned out to be accurate, as tens of thousands of these “Missing Edge Lettering” dollars have since been discovered, with current values starting at around $9.
Conclusion
In conclusion, your coin jar could hold more than just pocket change. By taking the time to examine your coins, you may discover rare pieces that are highly sought after by collectors. From the 1943 Lincoln Head Copper Penny to the 2007 “Godless” Presidential Dollar Coin, these 14 valuable coins offer intriguing stories and potential financial rewards. Whether you’re looking to sell or simply appreciate your newfound collectibles, understanding their value can turn an ordinary coin jar into a treasure trove.
FAQs
1. What should I look for in my coin jar?
Check for rare coins, mint errors, and unique varieties that may have higher values than their face value.
2. How can I tell if my coin is valuable?
Research its rarity, condition, and demand among collectors, or consult a numismatic expert for an evaluation.
3. Where can I sell my valuable coins?
You can sell coins through online marketplaces, coin dealers, or at coin shows and auctions.
4. Are all old coins valuable?
Not all old coins are valuable; their worth depends on rarity, demand, and condition.