How to find expensive coins?

king5.com - 5 TIPS FOR FINDING RARE COINS IN YOUR POCKET CHANGE

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We’ve all heard stories about unsuspecting collectors finding rare coins in their pocket change and the windfall that follows. Ever wonder how you too can have the same experience? Bellevue Rare Coins has compiled five tips to help you increase your chances of spotting valuable coins hiding in circulation.

1. Keep your eyes wide open (error coins)

Coins made incorrectly by the United States Mint may at times be worth only a few dollars above face value but some like off-metal errors, for example, can have demand higher price tags. Keep your eyes peeled for coins such as these because that quarter could land you up to a few thousand dollars!

2. Old coins are like a fine wine

And like wine, the older the coin is, the more valuable it becomes. The one exception to this rule however, is if the coin is as common as a 1971 penny. Not brand new but there tend to still be many in circulation. If one couples the “old” with “rare”, the chances of finding a valuable coin increases. Familiarize yourself with older, rare coins to get more out of your rare coin search.

3. Double down with Double Dies

Doubled die coins are rare in general but do have a tendency to find their way into circulation. At times the doubling of the design is very apparent, other times not. Train your eye to spot these doubled dies in rare form for they have been known to command high payouts.

4. Silver and Gold

While it’s next to impossible for one to find a gold coin in circulation, it is not altogether impossible. The chances of finding a silver coin in circulation are undeniably higher but collectors must know what they are looking for. Becoming acquainted with silver coins will be of tremendous help but ultimately, be prepared to devote a great deal of time and energy into finding rare silver coins in your pocket change.

5. Coin roll, please!

Visit your local bank and ask for a few coin rolls. Many collectors highly suggest utilizing this resource for finding rare coins. Often times the coin rolls contain error coins, silver coins, old, and other miscellaneous valuable coins. It is also one of the cheapest routes to take when beginning a coin collection as the banks can only charge you face value for the coins and you can later return the unwanted coinage. Do you have questions about rare coins that could be hiding in your pocket change or piggy bank? Visit one of our coin experts at any one of our four Bellevue Rare Coins locations. Did you enjoy this read? Try This One Of A Kind World War II Penny Is Worth More Than You Think Since 1979, Bellevue Rare Coins has been a trusted, family-owned business serving the Greater Seattle Area with locations in Bellevue, Lynnwood, Issaquah, and West Seattle. Specializing in gold, silver, diamond, and jewelry purchasing, in addition to dealing in rare coins. We now offer a vast selection of fine, vintage and custom designed jewelry. Visit anyone of our four friendly locations for the best deals selling or buying. Do you like this Post? Share it on Twitter or like it on Facebook .

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What year copper penny is worth the most?

The Most Expensive Penny The first 1943 copper cent was sold in 1958 for more than $40,000. In 1996, another went for a whopping $82,500. But those sales pale in comparison with the latest: this week, a dealer in New Jersey sold his 1943 penny for a staggering $1.7 million.

content.time.com - Top 10 Things You Didn't Know About the Penny - TIME

The 1943 copper-alloy cent is one of the most enigmatic coins in American numismatics and reportedly the most valuable Lincoln penny of all. Just 40 of the coins probably created by accident, on copper-alloy one-cent blanks left in the presses in the wartime years when pennies were converted to steel are known to exist. The first 1943 copper cent was sold in 1958 for more than $40,000. In 1996, another went for a whopping $82,500. But those sales pale in comparison with the latest: this week, a dealer in New Jersey sold his 1943 penny for a staggering $1.7 million. Their collection value makes 1943 copper pennies a prime target for counterfeiters: fakes are often made by coating steel cents with copper or altering the dates of 1945, 1948 and 1949 cents. How can you tell if your 1943 copper penny is real? Use a magnet. If the penny sticks, it's not copper. Better luck next time.

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