![]() You never know, one of your pennies could be worth the price of a nice dinner - or a whole lot more. With so many rare coins out there, being a "penny pincher" might not be such a bad thing after all. Additionally, they can help get your coin certified by a grading service and guide you through the entire selling process. Some auction houses offer free evaluations. If you think you've found a valuable penny, Stone suggests consulting a professional. If you think you've found a 1943 Bronze Lincoln, the Mint suggests testing it with a magnet first. Heritage auctioned a similar one - in slightly lower grade - for $186,000 earlier this month," he said.ĭue to its value, some counterfeits were created with steel cores. "A nice circulated example, like Lutes' coin, could sell for around $150,000 to $200,000. Stone estimates that 15 to 20 are known to collectors today, although it's possible that there are a few that have not yet been accounted for. Today, the 1943 bronze Lincoln cent is described as "the most famous error coin in American numismatics" - and the odds of finding one are astronomically against. "The few bronze coins that were struck went unnoticed and got released into circulation." At least, that's what was supposed to happen.Īs fate would have it, "some of the old bronze planchets got stuck in the big tote bins that the Mint used to feed the coin presses at the end of 1942," he said. Mint switched to making pennies from zinc-coated steel planchets, instead of the usual bronze coin blanks, Stone explained. In order to preserve copper for the war effort, the U.S. "The most valuable Lincoln cent sold privately in 2010 for $1.7 million," said Stone. I’ve used them for years for my own coins and they can be kept in a special coin album.Only a handful of these bronze pennies have been discovered, including the one found by Lutes. ![]() I highly recommend using the individualized 2×2 coin holder. It’s no secret that the most valuable coins are ones that are well preserved. Drake’s Canadian Coin Guide: Charlton Coin Guide. That’s what makes Canadian quarters one of my favourite type of coin to collect! Do You Have Any Rare Coins? What Are They Worth?įor more information about Rare Canadian coins check out these titles from Amazon: You Can see from the 1875 example that even in well circulated condition these coins can sell for hundreds of dollars. From 1899 until present, a Canadian quarter has been minted for every year, but not always minted for circulation. The first Canadian quarters were minted in 1870 and some years were skipped. These are sterling silver quarters from early Confederation. You can even sometimes still find these in your pocket change! Image credit: The above picture is from my personal coin collection. There are literally thousands of other coins that are rare and valuable.įor example, Pre-1968 silver coins (dimes, quarters and 50-cent pieces) are valuable based on their silver content. The coins mentioned above are just the tip of the iceberg when it comes to Rare and Valuable Canadian Coins. It can fetch anywhere from $300 to $10,000 at auction, depending on the grade. The listed mintage for these coins is 21,135 but it is also a rare silver dollar. In similar fashion to the 1936 “dot” coins, the mint placed a tiny maple leaf next to the date on the coins to signify that they were struck in 1948. ![]() As the RCM awaited new dies to strike the 1948 coins, they used the 1947 dies to fulfill existing demand. ![]() The 1947 Maple Leaf Silver Dollar shares its history with the 1948 silver dollar.
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