Numismatics in the United States is always a staggering phenomenon. Many collectors may have a treasure trove of rare coins at home, which is nothing less than a dream for other collectors. But the special thing is that these priceless coins are not just with collectors—you too may have a coin whose real value you do not know!
Do you have a coin worth more than $10,000?
Some coins from the 70s are selling for millions today. If you have such a coin, it would be wise to sell it at a numismatic auction house. This can bring you thousands of dollars in additional income, especially if you are waiting for your tax refund or Social Security check.
If you think you too may have a priceless coin, take a close look at the list below. Identifying these coins can prove to be beneficial for you.
5 coins that can be worth $10,000 or more
- 1970 ‘Small Date’ Penny – Up to $18,000
- The specialty of this penny is its small printed year and slightly different shape. This feature makes it rare and due to this, its price can be up to $18,000.
- 1979 Susan B. Anthony Dollar – Up to $11,800
- This coin is special because it has a Monticello design with the image of Susan B. Anthony. It also has an overmintage mistake, due to which its value can reach up to $11,800.
- 1971 Penny – Up to $10,000
- The specialty of this coin is that its obverse has been double minted, that is, it was printed twice. Additionally, its relief is very fine. This is why this coin can sell for up to $10,000.
- 1974 Penny – Up to $11,000
- If you have a 1974 penny, pay attention to whether it has the ‘brockage’ mistake of 1973. The special thing about this coin is that there is a normal image on one side and its mirror image on the other side. If Abraham Lincoln’s face is visible in it, then this coin can be worth more than $11,000.
- 1971 ‘Deep Cameo Proof’ Penny – Up to $17,000
- This coin was originally made as a proof for future designs. Due to its rarity, this coin can sell for up to $17,000 at auction.
How to get your coins appraised?
If you have old coins and think they might be rare, follow these steps to sell them:
- ✔ Consult an expert – Have the coins authenticated and condition checked by a professional numismatist.
- ✔ Contact an auction house – Join online or offline auction houses that buy and sell rare coins.
- ✔ Store safely – Store rare coins properly to maintain their quality.
- ✔ Check market value – Check other sales records to make sure you are getting the right price for your coin.
Conclusion
The history of coins in the United States and the world of numismatics is very exciting. Sometimes we have no idea that a coin we have could be worth thousands of dollars. So, if you have an old coin from the 70s, get it checked out—you may be the owner of a priceless treasure!
FAQs
Q. What makes a coin valuable to collectors?
A. Coins with rare minting errors, limited production, historical significance, and excellent condition are highly valuable.
Q. How can I check if my coin is rare?
A. Compare your coin’s date, mint mark, and condition with official coin guides or consult a numismatics expert.
Q. Where can I sell my rare coins?
A. You can sell rare coins at numismatic auction houses, online marketplaces, or through certified coin dealers.
Q. What is the most valuable U.S. coin ever sold?
A. The 1794 Flowing Hair Silver Dollar holds the record, selling for over $10 million at auction.
Q. How do I store my rare coins properly?
A. Store coins in protective holders, avoid touching them with bare hands, and keep them in a dry, temperature-controlled environment.