7 Hidden Gems: Coins in Your Pocket Worth Over $100,000! : There is a proverb that goes, “Every coin has two sides.” Every coin has a value in the field of numismatics, and some of them may even be concealed in an old collection or concealed in your pocket. There are a few rare jewels that could bring you a fortune, but most coins are only worth their face value to collectors, sometimes even more. Together, we will explore the intriguing world of numismatic riches and unearth seven hidden gems that may easily cost $100,000 or more!
7 Hidden Gems: Coins in Your Pocket Worth Over $100,000!
The 1943 Copper Penny:
Because of the World War II copper shortage, the U.S. Mint began producing pennies made of zinc-coated steel in 1943. But accidentally, several copper pennies were struck. Collectors of rare coins are chasing the 1943 copper pennies, which are quite valuable. One of these pennies fetched an incredible $1.7 million at auction in 2010!
The 1913 Liberty Head Nickel:
The 1913 Liberty Head nickel is one of the rarest and most precious coins in the world; there are just five known copies. The design had been abandoned in 1912, thus it is unclear why these nickels were struck under strange conditions. One of these uncommon nickels brought $5 million at auction in 2007, making it the most expensive coin ever sold.
The 1804 Silver Dollar:
The 1804 silver dollar, although bearing that date on its coin, was actually struck several decades later as a diplomatic present for foreign dignitaries. Due to the fact that there are only 15 known specimens of this coin, collectors highly prize it. One of these uncommon silver dollars fetched an incredible $4.1 million at auction in 1999!
The 1933 Double Eagle:
Possibly the most well-known and contentious coin in American numismatic history is the 1933 double eagle. Despite the fact that more than 445,000 of these coins were produced, the 1933 Gold Reserve Act prevented any of them from being formally put into circulation. Nevertheless, a small number of them were taken by the authorities after being secretly removed from the mint. One of these coins became the world’s most costly gold coin when it sold for $7.6 million at auction in 2002!
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The 1794 Flowing Hair Dollar:
The 1794 Flowing Hair dollar is notable in American numismatic history because it was the first dollar coin produced by the US Mint. Less than 150 of these coins are thought to still be in existence today out of the 1,758 that were produced. One of these uncommon dollars broke the record for the most costly coin ever sold when it sold for $10 million at auction in 2013!
The 1907 Saint-Gaudens Double Eagle:
The 1907 Saint-Gaudens double eagle, created by renowned sculptor Augustus Saint-Gaudens, is regarded as one of the most exquisite coins the U.S. Mint has ever struck. Although more than 12,000 of these coins were produced, most of them were melted down in 1933 as a result of an executive order from President Roosevelt. At auction, one of these uncommon double eagles brought in $7.6 million in 2002!
The 1793 Chain Cent:
Huge historical significance surrounds the 1793 Chain cent, which was the United States Mint’s first official currency. Coin enthusiasts are quite interested in this coin since it has a chain pattern on the reverse. A $2.35 million auction in 2015 brought the value of one of these uncommon cents to an all-time high!
Conclusion
It is important to keep in mind that not all old coins are valuable, even though it may be a once-in-a-lifetime opportunity to find one of these rare coins in your pocket. A coin’s value is determined by a number of criteria, including condition, rarity, and historical significance. A competent numismatist should always authenticate and value any valuable coin you may have in your possession. Who knows? It’s possible that you’re sitting on a hidden gem valued at over $100,000!