RC Cars, Collectible Model Train
Sets, Collectible Model Cars & More
Have coins? Will collect!
Old coins that is. Try looking under that old dresser, or up the
attic where grandma or grandpa’s things may be stashed away
patiently waiting for you to discover them. Who knows, you might
find a coin there, an old coin that – at today’s rate - may be
worth a few dollars; probably three or four or five, even ten
times what the coin was worth back then.
A penny a day, is worth okay
Fortunately or unfortunately, there was a shortage of copper
during the year 1943 and all pennies made at that time were
minted using steel. There were however, some Lincoln pennies
that were incorrectly minted on bronze that turned out to be
blanks. A few years – or decades later -these bronze pennies
became a rarity and are valuable. The steel ones though, because
of their commonality, are worth only between one to three
dollars each.
Be aware and be wary as there are schemes where gullible coin
collectors are sold coins that are copper plated in an attempt
to make these pennies appear to be bronze. Also, keep your guard
up anytime someone offers you a circa 1943 penny made out of a
metallic white alloy.
Old coins are good coins
Coins, specifically the silver dollars made and circulated
between the years 1878 and 1935, are worth between twelve
dollars and twenty five dollars for the circulated coins. The
coins that were not in circulation are worth considerably more.
Meantime, those quarters, dimes, or half dollar coins made and
circulated prior to 1965, are usually made out of ninety percent
silver and therefore worth as much as today’s silver (with an
additional premium, albeit small, put on the coin’s face value).
Wrong pennies are right
There is a Lincoln penny issued in 1972 on which the date and
the letters on it appear to have been doubled. This rare coin is
currently worth about sixty dollars, assuming the pennies are in
standard condition. The Philadelphia Mint during that time
period accidentally misaligned the die used in minting the coins
causing the portrait of Lincoln to look like it was doubled.
Fortunately or unfortunately, eighty thousand of these were
circulated before the error was discovered.
In summary, coin collecting is similar to collecting bits of
history and trivia from the past. In addition to the face value
its worth as a treasure - pennies, dimes and coins – often are
worth more in the long run.