Hold on to those odd rare coins found in change jars, coin purses and the like. It could bring more than just a jingle I one’s pocket. In some cases, like expensive necklaces, one might invest in a safety deposit box or a safe. Value of these coins depended on the year they were minted.
In all honesty, my coin collecting didn’t start in earnest until my first buffalo nickel was seen in my change jar. My grandmother and great uncle gave us silver dollars and fifty cent and we each got a $2 bill. The favorite thing for me to collect before the state quarters and nickels was the bicentennial quarter.
The $10 Liberty Eagle (1838-1907) If one of these is found, the person should consider themselves ‘blessed’. This coin is considered the crown jewel in anyone’s collection because gold is highly prized.mainly because these were half ounce in weight. One needed at least $1200 or more depending on whether it is circulated or not., if they wanted to buy. Most collectors or owners were squeamish about selling this type of coin because of its value. It is considered rare because FDR requested owners of these coins turn them in to be melted down to aid in the Depression. He also took the United States off the Gold Standard after that year.
The Indian Head Penny, 1859-1909, about the size of the modern half dollar and had 90% copper. These replaced the Flying edge pennies, 1856-1858, that were made with less than 90% copper and susceptible to design flaws. The value, as stated above depended on the minted year and its condition. Remember, that this is a piece of American history started before the Civil War. Uncirculated, and in mint condition, these coins increases in monetary value.
The Lincoln Steel Penny This came about as a result of WWII. Copper was used for the war effort, which, thanks to a 1942 law that prohibited the use of copper for pennies. These pennies are made with a steel center and coated with zinc. One way that distinguishes these pennies from their copper counterpart, is their white silvery appearance. Zinc is used in all pennies since 1982 as a core mineral. These pennies weigh less than copper ones too.Uncirculated pennies are worth $20-$50. Well used pennies have a $10-$20 market value.
The 1926 Buffalo Nickel is worth $2000+ but might be passed over because it is unrecognized as a valuable coin. This might be due to the fact that there isn’t any rare minerals in it, like silver or gold. The dates on the coin faded because of handling. Congress tried ad failed to change the dates on these coins, but ended up using the standard Jefferson Nickel instead. In my case, most of the coins found by me are dated 1937 or 1938. Mom took them to a dealer to find out their value before my moving. My collection is now worth $150. Everything is worth three times its market value.
Let’s look at the Kennedy Half Dollar, for instance, while it is still in production today, basically as a memorial to his death in November 1963, it’s value was worth more in 1964 because the percentage of silver is 90% The percentage of silver dropped to 40% between 1965-70. After 1971, there isn’t any silver in them, but they were still nice to have.
Ben Franklin Half Dollar, minted from 1948-1963, it contained 90% silver. My luck improved during a fundraiser at school when one of these was found in my envelope. Production of these coins ceased because of the Kennedy Memorial coin.
The Bicentenial Quarter Now worth 58 cents, depending on its appearance. Those free of faults are worth more, as high as $450.
Bicentennial Half Dollars Unfortuately, these are only worth 50 cents. Those that aren’t circulated are worth 75 cents to $1. On a second level, they are worth as much as $3.
There is always the possibility that one could find a rare lucky penny placed in one of the cities in the U.S. They are said to have a value of $1,000 each These coins are bigger than the regular pennies. They have the sponsor’s logo on one side and 100,000 cents on the other side. Be sure to read the article for more information. Unfortunately for me, finding one is difficult as I don’t live in or near any of these cities the lucky pennies are in. Like everyone else, I will hold on to my change.