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IsaacT

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Okay,

So I have collected coins in the past, and I have some knowledge that may make some of you rich, depending on what you find in your pockets. Note: this is for US members, I have no clue about other nations.

As it turns out, many things can turn something as insignificant as a penny into a valuable bump in your bank account. Here are some things to look for when going through your pocket change:

1. Look for copper versions of the 1943 wheat penny. That year they ran steel for the war effort, however some copper blanks were left in the press and so error coins were made. One of these sold for 100 thousand dollars.

2. Look out for steel versions of the 1944 wheat penny. That year they went back to the copper versions but there were some steel blanks left in the press. These error coins can also be worth up to 100 thousand dollars.

3. Look out for 1969-S Lincoln Penny with a double die obverse. This means that the front of the penny was punched twice, and you will be able to see a double image on all EXCEPT the mint mark. Mint marks were pressed after and wouldn't have been affected by the double die. This can be worth upwards of 35 thousand dollars in mint condition.

4. Other double die obverse coins that are valuable are the 1970-S and 1972 Lincoln Pennies. These are worth around 3 thousand dollars.


Those aren't the only valuable coins, just the most notoriously valuable in circulation. Also look for any errors on the coin using a magnifying glass in good lighting. Double struck coins, coins with missing parts of the standard image, coins with differently spaced letters, etc. Anything that is an error will be somewhat valuable to collectors and can put some extra lasing money in your pocket. I hope this helps someone make a lot of money, and share this with your friends and family. Wouldn't it be bad to pay for something like a hot dog with a penny worth thousands and thousands of dollars?!! No matter what though, never try to improve the condition of a coin yourself. Professionals can tell and it will drastically decrease the value.

Thanks,
Isaac
 





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I've seen a 3-legged buffalo once.

Also, I do check my coins from time to time for errors between front and back, but nothing drastic. Just, "Heads?, upside-down tails? OK".

I've only seen about 5-10 wheat pennies go through my pockets, but sure would be swell if I ended up with a special one!

Sometimes, as an eye test, I like to try to figure out what the initials are on the bottom of the bust side.
 
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I have three wheat pennies... but no such luck on super rare ones :p I also have half dollars, a 1896 or so penny, various other interesting US currencies :D
 
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I used to be in to numismatics when I was a child. I had a whole bunch of war pennies, both steel and copper, as well as solid silver quarters and dimes. I had nearly all the non-valuable liberty nickels, and a penny a year from the 50s-80s.

Sold it all off when I moved out at 18 for gas money.
 

IsaacT

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Do you ever regret it? Haha.

I have lots of foreign coins but I doubt many are worth anything. Some of them are silver though, so that is nice. I have one Spanish coin from 1809 that was apparently minted by an exiled King. Have no idea about value though.
 
Joined
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Sometimes. It is an awfully small regret though. I have larger regrets from that time period. Like leaving my electronics in a box for my family to forward to my new address. They tossed it all out on the curb for the garbage man. I had a partially finished LINAC that I had spent years on. Those things I miss, not the coins.
 




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