![]() ![]() If the penny sticks to the magnet, your stuck with a worthless coin. The easiest way to determine if a 1943 cent is made of steel, and not copper, is to use a magnet. Once again the 'King of American Coins' takes one of the top 10 spots on the list of The Worlds Rarest and Most Valuable Coins. The 1943 copper cent is a favorite of counterfeiters, who coat steel pennies with copper. Coin experts speculate that the planchets were struck by accident when copper-alloy 1-cent blanks remained in the press hopper when production began on the new steel pennies. American coins are some of the most collectible in the world and there are many U.S. Roosevelt in 1933 and made it illegal to own gold, except for rare and collectible coins. Mint to the Gold Recall Act, which was signed by President Franklin D. coins, precious metals like gold bullion coins, and classic gold coins like the double eagle can improve your portfolios diversity. Only 40 of the 1943 copper-alloy cents are known to be in existence. coins span a 141 year period from the start of the U.S. Bill Simpson, co-owner of the Texas Rangers, owns three of them. The pennies remain the most famous and valuable of all wrong-metal issues. A few of these bronze pennies made it out, however. Government halted the minting of copper-coated bronze coins – switching to steel instead – because copper was needed to manufacture ammunition during World War II. The staff will help you determine how much the pieces are worth and offer you fast cash in return. Their team has over 20 years of industry experience, and you can trust them to give you a fair price.Today, pennies are made from copper-coated zinc. Have you found rare coins among your collection? Take them to American Coins & Gold today. The larger the variation, the more rare and, thus, the more valuable the coin. Die rotation is closely adhered to during the creation process, so if you notice any odd rotations, you could have a rare coin. The rotation should be even, with both sides matching up if you flip over the coin. In an attempt to end the 1930s bank crisis, President Roosevelt issued an. In 1933, the US was in the middle of the great depression. This is one of the rarest coins in existence and is one of the only coins on this list that almost never saw the light of day. Check the Die Rotationĭie rotation refers to the angle in which the coin turns from top to bottom. 1933 Saint-Gaudens Double Eagle (7.59 Million) 1933 Saint-Gaudens Double Eagle. Your best bet in this case is to have the rare coin professionally appraised. However, be careful as there are many counterfeit rare coins that might look like the real deal. ![]() Re-punched or over-punched mint marks are one winning discovery, as is doubled text. Errors in these two key areas can still be found in circulation, and they could score you a fortune. The date and mintmark are the easiest way to diagnose valuable rare coins. Examine each one carefully, paying extra attention to anything that strikes you as odd. If the coin is dirty, clean it off first, as debris can create clumps that disguise a rarity or make perfectly normal lettering look slightly off. Look for missing and doubled-up letters or unique inscriptions, and check both sides thoroughly. If something stands out, set it aside. The lettering of a coin is one easy location to discover rarities. If some thing appears abnormal, take it to your local coin dealer for a professional opinion because you may have a rare coin on your hands! Look over the portrait from the forehead to the chin for any interesting marks, and don’t forget the rim. George Washington ordered the first run of dimes in 1792, which were made on a borrowed press kept in the owner’s basement. Mint, even before any Mint building existed. The dime was the first coin made by the U.S. If something’s missing or you notice cracks within the piece, these are more than just mistakes - they’re worth money. These 25 Dimes Are Worth a Combined 8.6 Million. Does the coin appear normal, or does something stand out? Sometimes, rare coins are easy to diagnose. ![]() This includes the front and back, the portrait, and its overall appearance from afar. Below, they explain how to tell if you have rare coins on your hands: Examine the Coin as a Wholeīefore you inspect individual aspects, look over the coin as a whole. Valuable Pennies for Sale 1944 Steel Lincoln Wheat Penny, 125,000 1943 copper Lincoln Wheat Penny, 45,000 1856 Flying Eagle penny, 12,850 1877. American Coins & Gold has 6 locations throughout New York and New Jersey brimming with impressive coin selections. Not only are rare coins an interesting find, but they are also a profitable way to make the most of your pocket change. Whether you are an experienced coin collector or not, rare coins are an exciting discovery that can can prove to be very valuable. ‘How to Tell If You Have Rare Coins’ Posted by American Coins & Gold ![]()
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