The Coin Collecting Guide
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If you’re Ready & Serious about valuable coin this is the place to be! You really couldn't have it any easier! I did the research and put my results here for you to find and use for your own advantage. AND I told you FIRST. Watch for tidbits about foreign coin collecting and coin collecting along the way. Do You Have A Valuable Coin And Not Know It?Valuable Error Coins The valuable coins most likely to go unnoticed are error coins. They get passed over because, superficially, they don’t look any different than other coins. Even if you make it a habit to check the dates on your coins, you could easily still miss an error coin. You have to take a closer look. Error coins are produced when a die miss-strikes a coin blank or has a defect in it. The die may produce a double image on one side of the coin, the images might not line up correctly or there may be a defect mark on the coin. If the mint discovers that a die is creating error coins, of course they correct the problem as quickly as possible. They also try to recover the error coins. So, when error coins do get into circulation they can be quite valuable. Double Die Errors Some of the more valuable coins have a slightly doubled image on one side. If the entire image is doubled, it is a double strike. If just part of the image is doubled, however, it is because the double image is on the die that stamps the coin. As you can imagine, these are very rare and valuable coins. The most valuable double die coin is a 1969 S-Lincoln penny. It is very rare and, if it’s in decent condition, could be worth $35,000 or more. Unfortunately, if you do find one, it’s likely to be a counterfeit. Have it checked by an expert before you get too excited. Axis Rotation Errors These errors are actually fairly common in the new State quarters. The images on the obverse (front) and reverse (back) of a coin should be exactly 180° apart. If you hold the coin with the obverse straight upright and rotate it, the reverse should be straight downright. If it’s not, the die wasn’t lined up right. If both sides are straight up (a full 180° rotation), the coin could be worth about $20.00. Die Defects Sometimes the die develops a defect that gets stamped onto coins. Two examples of die defects are the 2004-D “Extra Leaf” Wisconsin State quarter, and the 2005-D Speared Bison nickel. A defect in the die for the Wisconsin quarter made an image that looks like the ear of corn on the back of the quarter has an extra leaf. A defect in the nickel die makes it look like there is a spear sticking in the bison between his front and rear legs. You never know what you might find in your pocket change. There’s probably not a valuable coin there. But you won’t know unless you check it out, will you Now you see the work I did and see how it helps save you time. Time is money. That's the scoop on valuable coin. Check out the rest of the coin collecting site. We have many more articles on coins and coin collecting to help you out. Come back and let us serve you. |
