World of Rare Money – These 5 Money Can Make You a Millionaire!
Collecting coins (numismatics) is a very interesting hobby, and some special money are considered extremely valuable due to their rarity, historical significance and unique features. Millions of coins have been made in America so far, but some of them are very rare and priceless.
In this article, we will know about 5 such rare American money, which are extremely valuable and have a huge demand in the market.
1909-S V.D.B. Lincoln Money
1909-S V.D.B. Lincoln Money is one of the most sought-after coins among coin collectors. It was made to mark the 100th birth anniversary of Abraham Lincoln, the 16th President of America. The initials of the name of designer Victor David Brenner, V.D.B., were given on the back of this coin, making this coin even more special.
Key Features
- Mint Mark: S (San Francisco Mint)
- Metal Composition: 95% Copper, 5% Tin and Zinc
- Design: Portrait of Lincoln on the front and two stalks of wheat on the back
Price
- Only 4,84,000 coins were made, making it very rare.
- The price of coins in good condition starts at $1,000 (approximately ₹83,000).
- In excellent condition, it can sell for $2,000 (₹1.66 lakhs) or more.
1914-D Lincoln Penny
The 1914-D Lincoln Penny is also a very rare and important coin for collectors. It was made in very limited numbers at the Denver Mint, making it rare.
Key Features
- Mint Mark: D (Denver Mint)
- Metal Composition: 95% copper, 5% tin and zinc
- Design: Portrait of Lincoln and wheat stalks on the reverse
Price
- Only 1.1 million coins were made, making this coin rare.
- Prices start at $100 (₹8,300) even in poor condition.
- Good condition can sell for $1,500 (₹1.25 lakhs) or more.
- Uncirculated (extremely good condition) can fetch over $5,000 (₹4.15 lakhs).
1922 “No D” Lincoln Penny
This coin is very rare due to its unique minting error. It was made in Denver and was supposed to be issued with a ‘D’ mint mark, but due to a glitch, the mint mark was not printed on some coins.
Key Features
- Mint Mark: No (though it should have come with a “D” mint mark)
- Metal Composition: 95% Copper, 5% Tin and Zinc
- Design: Portrait of Lincoln and wheat stalks on the back
Price
This coin became extremely rare due to this error.
- Its price starts at $300 (₹25,000) in normal condition.
- It can fetch $1,000 (₹83,000) or more in good condition.
- High grade coins can sell for up to $10,000 (₹8.3 lakhs).
1955 “Double Die” Lincoln Penny
This coin became very famous due to the double die (double printing error). In this, the numbers and letters appear double, making it a rare and unique coin.
Key Features
- Mint Mark: None (Philadelphia Mint)
- Metal Composition: 95% Copper, 5% Tin and Zinc
- Design: Portrait of Lincoln and wheat stalks
Price
- Lower quality coins start at $1,000 (₹83,000).
- One in good condition can sell for $2,500 (₹2.07 lakhs).
- The highest grade coins can go for over $10,000 (₹8.3 lakhs).
1969-S “Double Die” Lincoln Penny
This coin is also very rare due to a double die error, and like the 1955 coin, the numerals and letters appear double.
Key Features
Mint Mark: S (San Francisco Mint)
Metal Composition: 95% Copper, 5% Tin and Zinc
Design: Portrait of Lincoln and wheat stalks
Price
- The price of this coin starts at $1,000 (₹83,000).
- In good condition, it can sell for up to $3,000 (₹2.5 lakhs).
- A coin in excellent condition can be worth $10,000 (₹8.3 lakhs) or more.
Conclusion – Do you have any such coin?
If you are fond of collecting coins or have old coins in your pocket, then examine them carefully. The 5 rare pennies mentioned above are extremely valuable and their price may increase even more in the future.
FAQs
Can I still find these rare pennies in circulation?
The probability of discovering valuable pennies from loose change and old piggy banks and inherited coin collections is very slim but exists nevertheless. Numerous collectors together with enthusiasts maintain their search for these pennies.
Should I clean my old pennies before selling them?
No! The cleaning process of a rare penny results in destruction of its surface which leads to significant value reduction. Expert consultation must be obtained before handling expensive coins.
Can I invest in rare pennies for the future?
Valuable and rare pennies along with other minted coins have proven to be excellent investments if properly authenticated. Research along with authentic coin tests are vital for stopping the distribution of counterfeit coins.