Rare American Coins You Can Find in Pocket Change

Rare American coins hold a special place in the hearts of collectors and numismatists alike, offering a glimpse into the rich history and cultural heritage of the United States. These coins are not only treasures in the realm of numismatics but also carry significant historical and economic value. From rare 18th-century colonial issues to elusive early 20th-century mint errors, each coin tells a unique story that captures the spirit of its time.

Among the most sought-after rare American coins are the 1804 Silver Dollar, the 1913 Liberty Head Nickel, and the 1933 Double Eagle. These coins are not just valuable due to their scarcity, but also because of the mysteries and controversies that surround them, adding to their allure. Whether you are a seasoned collector or a novice enthusiast, rare American coins offer a fascinating journey through time and a tangible connection to the past that transcends their monetary value.

What Makes Coins Rare?

Several factors can make American coins rare and valuable, including mint errors (like overstamp or double die errors), mint marks and specific dates. Coins with mint errors are often the most valuable because of their rarity. However, it's important to remember that the condition of the coin still plays a significant role in determining its value.

Most Popular Rare American Coins

There are a ton of different rare American coins with values ranging from a few dollars to tens of thousands of dollars. Some examples of highly sought-after rare American coins that you could find in your change include mint condition 1916-D Mercury Dimes, Three-Legged Buffalo Nickels, and the 1969 and 1972 Lincoln Cent Doubled Die Obverse coins. These coins are exceedingly rare and in high demand among collectors and can fetch impressive prices on the market.

How to Find Rare American Coins

You might be surprised how easy it is to spot the few things that can make a coin rare and valuable when you know what to look for.

Research the Coin

Identify the type of coin you want to check and learn about the rarest versions of that coin to know what to look for. Figure out what dates, mint marks, mint errors or other features can make the coin rare so you know what to keep an eye out for.

Inspect the Coin's Condition

Assess the condition of your coins because this factor impacts value. Coins are typically graded on a scale from "Poor" to "Mint." Check out Benzinga’s article dedicated to coin grading for an in-depth look at how to tell what condition your coin is in.

Check for Mint Errors and Irregularities

Look for mint errors, rare dates or other irregularities that may increase the coin's value. Some mint errors are much harder to see than others so study potential errors carefully.

Determine the Value

Look up the last traded price of your specific coin, considering factors such as date, condition, mint marks and mint errors. If you are correct in those factors and the last sale was recent, you may have just found a good estimate of the coin’s value.

These steps are a great way of getting a good understanding of what your coins might be worth, but it isn’t definitive. You may still want to have your coins professionally graded and examined, especially if you see what could be a rare mint error.

How to Buy and Sell Rare Coins and Other Precious Metals

The rarest coins are often bought and sold at auctions or over the counter, but you can purchase relatively rare American coins through secure, easy-to-use precious metals dealers like American Hartford Gold. By buying Mercury Dimes and Buffalo Nickels, you can own a piece of American history and potentially make a sound investment in rare coins. If you want to invest in proof or uncirculated coins, you have many more options by choosing from the reputable dealers below.

Should You Invest in Rare American Coins?

Rare coins have a historical and intrinsic value that can often appreciate over time, making them a potentially lucrative investment option. Unlike other forms of investments such as stocks or real estate, rare coins offer a tangible asset that can be held and admired.

However, investing in rare coins comes with its own set of risks and considerations. It is important to thoroughly research and educate yourself on the rare coin market before making any investments. Factors such as rarity, condition, and demand can greatly impact the value of a rare coin. Additionally, the market for rare coins can be volatile, so it is crucial to have a long-term investment strategy and be prepared for fluctuations in value.

If you have a passion for collecting rare coins and are willing to put in the time and effort to research the market, investing in rare coins can be a viable option to diversify your investment portfolio and potentially see long-term returns.

Frequently Asked Questions