Coin collecting is an enjoyable pastime that brings together history, artistry, and fun with the discovery of hidden treasures. There are some coins that were once believed to be not worth very much money but are actually worth millions of dollars. Imagine opening an old box of coins you found in your attic and finding one of the rarest coins in American history! While it is rare to discover a rare coin, it can happen, and there may still be valuable coins hiding in plain sight. Here are four extremely rare coins that have sold for astronomical prices, and they can still be discovered in unsuspecting collections.
1909-S V.D.B. Penny
The 1909-S V.D.B. Lincoln penny is perhaps the most famous and desirable coin in American numismatics. This coin is the first in the Lincoln penny series and was designed by Victor David Brenner who included his initials “V.D.B.” on the reverse side. These initials were quickly removed after the release of the coin due to public outrage, creating an extremely rare coin known as the 1909-S V.D.B. penny.
Historical Background
The coin was struck in San Francisco, and just 484,000 were minted before the design was changed. Due to this limited amount the 1909-S V.D.B. penny is one of the rarest and most sought-after pennies for collectors.
Value Today
This penny’s value fluctuates based on condition. A circled condition may sell for several thousand dollars, and a mint, uncirculated version could be worth over $100,000. The highest price this penny has ever sold for is $1.7 million in 2010, making it one of the most valuable pennies in existence.
Could It Be in Your Attic?
If you’ve received an inheritance of old pennies, look for a small “S” mint mark on the back just below the stalks of wheat or “V.D.B.” initials. If any of these exist, then you likely have a legitimate treasure on your hands.
1943 Copper Penny
In an effort to save copper for the war effort during World War II, the U.S. Mint produced zinc-coated steel pennies. A few 1943 pennies were accidentally struck in the original copper planchet, which makes them one of the most famous and valuable error coins ever made.
Historical Significance
It’s estimated that only about 20 examples of the 1943 copper penny exist today. These error coins were the result of a few copper planchets (metal discs) being accidentally left in the coin presses from the previous year. Because of their rarity and the circumstances surrounding their creation, these coins have become legendary among collectors.
Market Value
A well-worn 1943 copper penny can be worth anywhere from $10,000 to $100,000, while uncirculated examples have sold for over $1.7 million at auction. Given their scarcity, even a low-grade specimen is worth a small fortune.
Could You Own One?
If you have a penny from 1943, test it with a magnet. Steel pennies will stick to the magnet, while a rare copper penny will not. If your 1943 penny is made of copper, it’s worth getting it authenticated—it could change your life!
1913 Liberty Head Nickel
The 1913 Liberty Head nickel is one of the rarest and most mysterious coins in U.S. history. It was never officially authorized for production, yet five specimens somehow made it into existence, making this coin a true enigma.
Rarity
At the time, the Buffalo nickel had already replaced the Liberty Head design, which makes the existence of the 1913 Liberty Head nickel so unusual. Over the years, all five known examples have surfaced, each with a well-documented history and distinct characteristics.
Value Assessment
The 1913 Liberty Head nickel has fetched upwards of $4.5 million at auction, with some sales exceeding $5 million. Its extreme rarity and mysterious backstory make it a coveted prize among elite collectors.
Check Your Collection
Though the chances of finding a 1913 Liberty Head nickel are slim, if you have old nickels from the early 1900s, take a closer look. It might just be the find of a lifetime.
1804 Silver Dollar
The 1804 silver dollar, often called the “King of American Coins,” is one of the most famous and valuable coins ever produced by the U.S. Mint. Surprisingly, these coins were not actually struck in 1804 but were minted decades later as presentation pieces for foreign dignitaries.
Historical Context
Only 15 examples of this coin exist, divided into three known classes. These coins were created in 1834 as part of special sets presented to foreign rulers, making them incredibly rare and historically significant.
Current Value
The 1804 silver dollar has sold for up to $4.1 million at auction. Its combination of rarity, beauty, and historical significance makes it one of the most coveted coins in the numismatic world.
Is One in Your Attic?
Though finding an 1804 silver dollar in an attic is highly unlikely, if you have old silver dollars from the early 19th century, it’s worth inspecting them carefully. You never know what hidden gem you might uncover.
Conclusion
Rare coins have the power to transform an unsuspecting collection into a treasure trove. While finding one of these legendary coins may be a long shot, it’s always worth taking the time to check your old coin collections. Many valuable coins were once overlooked, and you could be sitting on a small fortune without even realizing it. So, next time you sort through an old box of coins, remember: history and wealth might just be hiding in your hands.
FAQs
1. What are the four rare coins that could be hidden in my attic?
These could include valuable coins such as the 1909-S VDB Lincoln Penny, the 1916-D Mercury Dime, the 1877 Indian Head Penny, and the 1794 Flowing Hair Silver Dollar. Their worth depends on rarity, condition, and demand.
2. How can I determine if my old coins are valuable?
Check for key factors like mint marks, production errors, coin condition (graded from poor to mint state), and rarity. Consulting a professional numismatist or using online coin valuation resources can help.
3. Where should I look for rare coins in my home?
Search in old boxes, family heirlooms, drawers, safes, and forgotten coin collections. Coins passed down from previous generations may hold significant value.
4. How can I get my coins appraised?
Visit a reputable coin dealer, attend a coin show, or submit your coin to a grading service like PCGS or NGC for an official valuation.
5. What should I do if I find a rare coin?
Keep it in a protective holder to prevent damage, research its value, and consider consulting a coin expert before selling. Avoid cleaning it, as this could reduce its value.