Coin collecting goes by the name of “hobby of kings“, and indeed, it is not restricted only to the nobility. This fascinating pursuit among people is for all age groups. One needn’t invest sizable sums to get started. With a little patience and interest, anyone can open the door to this world. Coin collecting has seen an upswing in the number of followers in recent years. The American Numismatic Association reportedly informs us that many children have drawn upon their interest, thereby rediscovering these materials in terms of historic and economic value. Though it is extremely rare, it is not impossible to find a coin that is worth millions. Perhaps a trove of old drawers, an antique shop, or among circulating coins can fall under the starting blocks. Some of the world’s very valuable coins have been unearthed by accident or sold in historic auctions. Here is a count of 10 coins you might be lucky enough to find, a heartfelt research project, or investment that might increase in value significantly over the next few years.
1. The 1943 Lincoln copper penny
Still in circulation? Yes
Estimated current value: $240,000 – $336,000
The period of World War II left copper to be used almost solely for the war effort; hence, the minting of zinc-coated steel pennies. A handful of copper pennies fell by the wayside during this time by mistake, rendering those coins a true treasure today. These coins are highly valuable for the simple reason of having an error in minting, whereby the obverse is doubled in design. Currently, it is known that fewer than 100 specimens exist, and fewer than 40 have been authenticated. The find of any of these pennies would virtually guarantee a lifetime change for whoever found it.
2. The 1794 flowing hair silver dollar
Still in circulation? No
Estimated current value: $10 million
It was the first silver dollar coin minted in America, historically one of the symbolic icons of coin collecting. Its pristine example sold for over $10 million, at an auction in 2013. Surely this is one of the rarest coins in the world, and its value is steadily rising through time.
3. The 1969-S Lincoln penny with doubled die obverse
Still in circulation? Yes
Estimated current value: $126,500
Because of a flaw in minting, giving an impression of double design on the obverse; now, it is seldom seen, with fewer than 100 specimens known, of which not much are authenticated, artisans anticipate that the finder might be set for life with the discovery of one such penny.
4. The 1913 Liberty Head nickel
Still in circulation? No
Estimated current value: $1.4 million
The coin is the most legendary of all, minted covertly and without any official sanction. It has five examples in existence, thus marking it exclusive in numismatics. If you ever find one still afloat, you can confidently retire.
5. The 1982 Roosevelt dime without a mint mark
Still in circulation? Yes
Estimated current value: $30 – $300
An apparent minor omission, such as the absence of a mint mark, can turn an ordinary coin into something extremely special. While this dime may not be worth as much as other coins on the list, it would make a worthy first coin for aspirants.
6. The 1927-D St. Gaudens double eagle
Still in circulation? No
Estimated current value: $2.5 – $7 million
After issuing an executive order to call in gold coins in 1933, many of these specimens were melted. However, some survived, and the 1927-D Double Eagle is the rarest of all 20th-century U.S. gold coins. A perfect piece could command up to $7 million.
7. The 2005 buffalo nickel with speared bison
Still in circulation? Yes
Estimated current value: $150 – $450
While they may first appear to be just an ordinary nickel, an element that resembles the line on the bison’s back-also known as a die break-is discernible when looked at closely. This tiny defect enhances the value of the coin-excellent for a newcomer to collection.
8. The 1838-O capped bust half dollar
Still in circulation? No
Estimated current value: $350,000 – $630,000
Minted at New Orleans, very limited so that Mechanical problems in the Mint caused it to be a forgotten experimental piece today, it is one of the rarest and most wanted items among collectors able to fetch sky-high prices.
9. The 1955 Lincoln penny with doubled die obverse
Still in circulation? Yes
Estimated current value: $1,800
The presence of double numbers and letters caused by a minting error makes this coin highly recognizable. It once might have been currency in large numbers but is now a rarity that draws great attention and sells for a fairly hefty penny in the marketplace.
10. The 1873-CC Liberty seated dime
Still in circulation? No
Estimated current value: $1.8 million
This exotic coin is struck at Carson City and is perhaps one of the best examples of numismatics ever. This last known one sold at auction gave nearly $1.9 million, and thus confirmed its place in the coveted status due to the astonishing story and rarity associated with it.
Investing in rare coins is not only an interesting hobby but also a good way to build one’s wealth. Be it starting with lower valued coins or searching out rarities, the basic principle is to take in the excitement of this fine world and enjoy the ride.
