6 Hidden Treasures in Your Pocket Change Worth Over $200,000 – While most of us might regard them as simply odd change most small coins may in fact be worth millions. There are, however, those kinds of coins which, depending on on a mistake, rarity or perhaps the history behind the money, may cost as much as $200,000. The following are descriptions of six coins along with guidelines on how to identify those coins that will turn you into a billionaire today.
1913 Liberty Head Nickel:
- Historical Background: This coin was illegally minted when the Liberty Head design was replaced with the Buffalo nickel. Only five coins were minted in secret.
- Reason for Value: No wonder therefore it is rated as being a rare find as only five known cases have ever been recorded. One of these nickels sold at auction 2018 for $3.7 million.
- How to Identify: Look at the image on the side and compare it to an official Liberty Head nickel, ensure that the word “Liberty” and the dates “1913” are engraved.
1969-S Doubled Die Obverse Lincoln Cent:
- Historical Background: This is the confusion caused by the die used to impress two impressions on the coin where the result was repeated imprinting of ‘Liberty’, ‘In God We Trust’ and the politically sensitive dates.
- Reason for Value: Most of this coins have never been circulated and those few that were it was in very limited quantities thus making them a collectors item. For each example, it is stated that it can cost more than $ 200,000.
- How to Identify: Search for doubling in the inscription on the faced side of the coin on both the date and the word “Liberty.”
1943 Copper Penny:
- Historical Background: Despite striking pennies since the eve of Independence, the U.S. mint resorted to making pennies from steel during the Second World War. But, approximately, a few pennings of copper were minted by mistake, so they are very rare coins in the United States.
- Reason for Value: These are few in stock and have a high demand in the market among the numismatists. And in 2010, one was sold for $1.7 million.
- How to Identify: Hence the 1943 copper pennies features a reddish hue. Use a magnet to check: moved from copper to steel because copper is non magnetic and steel is magnetic.
1955 Doubled Die Lincoln Cent:
- Historical Background: A misaligned die doubled the design on the obverse of the 1955 Lincoln cent.
- Reason for Value: This error is both rare and dramatic, making it highly desirable among numismatists. High-grade examples can be worth more than $200,000.
- How to Identify: Check for bold doubling on the date and inscriptions.
2004-D Wisconsin State Quarter (Extra Leaf Variety):
- Historical Background: This error occurred during the minting process, adding an extra leaf to the corn stock in the design.
- Reason for Value: This has made this type of avocado variety to be rare and valuable among the population that has knowledge about its existence. Observed coins in good condition are estimated to be valued more than $200000.
- How to Identify: See if another corn stock is displayed on the back side of the coin. If there’s one more leaf developed above the cob then you have yourself a winner.
1937-D Three-Legged Buffalo Nickel:
- Historical Background: During the minting process a worn die washed off a part of the Buffalos obverse leg.
- Reason for Value: That, the error, and its rarity have made this coin so valuable that it will remain a collector’s piece for centuries. Some can be valued over $200 000.
- How to Identify: Check for the absence of the Buffalo’s obverse leg while the reverse legs are in perfect position.
FAQs On 6 Hidden Treasures in Your Pocket Change Worth Over $200,000
Q. What types of coins are considered “hidden treasures”?
A. Coins with rare mint errors, limited editions, or unique historical significance are considered hidden treasures.
Q. How can I identify if my coin is valuable?
A. Look for mint errors, unique designs, specific dates, and small production runs. Consulting a coin collector or expert can help.
Q. Are all old coins valuable?
A. Not necessarily. Age alone doesn’t determine value; rarity, condition, and demand are crucial factors.