Coin collecting, often referred to as the “Hobby of Kings,” is a timeless pursuit that appeals to people from all walks of life, from monarchs to everyday enthusiasts. Contrary to popular belief, building a collection of rare coins isn’t exclusively for the wealthy. In fact, anyone can dive into this fascinating hobby without needing a fortune to get started.
Some rare coins, many of which are still circulating today, could be hiding in your pocket change and hold the potential to be worth hundreds—or even thousands—of dollars. Here’s a look at 10 rare coins that collectors and investors alike should keep an eye on, as they are expected to rise in value over the next five years.
1. 1943 Lincoln Head Copper Penny
Still in Circulation: Yes
Estimated Value: $240,000 to $336,000
The 1943 Lincoln Head Copper Penny is among the most iconic error coins in American history. Due to copper and nickel shortages during World War II, the U.S. Mint switched to producing pennies with zinc-coated steel. However, a small batch of copper pennies was mistakenly struck, and with only about 20 known to exist, these rare coins can fetch as much as $336,000 today.
2. 1794 Flowing Hair Dollar
Still in Circulation: No
Estimated Value: $10 Million
The 1794 Flowing Hair Dollar is an essential piece of American numismatic history, being the first silver dollar ever minted by the U.S. Mint. One of these coins sold for an astounding $10 million in 2013. If you’re lucky enough to own one, you’re holding a truly priceless artifact from the nation’s early days.
3. 1969-S Lincoln Cent With Doubled Die Obverse
Still in Circulation: Yes
Estimated Value: $126,500
The 1969-S Lincoln Cent with a doubled die obverse is a highly desirable error coin. A minting misalignment led to a doubled image on the coin, making it one of the most valuable of its kind. Fewer than 100 of these coins exist, and fewer than 40 have been authenticated, with one fetching as much as $126,500.
4. 1913 Liberty Head Nickel
Still in Circulation: No
Estimated Value: $1.4 Million
The 1913 Liberty Head Nickel is a legendary coin in American numismatic circles, with only five known to have been minted. Created without official approval from the U.S. Mint, it is considered a significant error. Today, it’s valued at over $1.4 million, making it one of the most coveted coins for collectors.
5. 1982 No Mint Mark Roosevelt Dime
Still in Circulation: Yes
Estimated Value: $30 to $300
Unlike most coins, the 1982 Roosevelt Dime was issued without a mint mark, making it an unusual and valuable error coin. While not worth as much as others on this list, it can still be worth anywhere between $30 and $300, depending on its condition.
6. 1927-D St. Gaudens Double Eagle
Still in Circulation: No
Estimated Value: $2.5 Million to $7 Million
The 1927-D St. Gaudens Double Eagle is one of the rarest gold coins from the 20th century. After President Franklin D. Roosevelt recalled gold coins in 1933, only a handful of these Double Eagles remained in circulation. Today, a pristine example can fetch up to $7 million.
7. 2005-D Speared Bison Jefferson Nickel
Still in Circulation: Yes
Estimated Value: $150 to $450
The 2005-D Speared Bison Jefferson Nickel is another error coin worth more than its face value. A die break during minting caused a “spear” to appear on the bison’s back, making this coin an unusual find. It typically sells for $150 to $450, with rare examples commanding higher prices at auctions.
8. 1838-O Capped Bust Half Dollar
Still in Circulation: No
Estimated Value: $350,000 to $630,000
The 1838-O Capped Bust Half Dollar is one of the rarest coins minted in New Orleans, with only around 20 believed to exist. Its rarity and historical importance make it highly desirable to collectors, and it can fetch anywhere from $350,000 to $630,000 in good condition.
9. 1955 Doubled Die Penny
Still in Circulation: Yes
Estimated Value: $1,800
The 1955 Doubled Die Penny is another popular error coin. The doubled design, caused by a minting error, is easily recognizable by its distinct appearance. A well-preserved 1955 Doubled Die Penny can be worth around $1,800.
10. 1873-CC Liberty Seated Dime
Still in Circulation: No
Estimated Value: $1.8 Million
The 1873-CC Liberty Seated Dime, struck at the Carson City Mint, is unique for its “No Arrows” design. This rare coin is the only known example and can be worth up to $1.8 million. Its scarcity and rich history make it one of the most sought-after coins in the U.S.
The Thrill of Rare Coin Collecting
Whether you are an experienced numismatist or a beginner, the hunt for rare coins offers an exciting and rewarding experience. While finding a multi-million dollar coin in your pocket change is unlikely, there’s still plenty of potential for finding valuable pieces. Whether you’re scouring antique shops or picking up coin rolls at your bank, collecting rare coins can be a fascinating journey that holds the promise of unexpected treasures.
FAQs
1. What is the value of a 1943 Lincoln Head Copper Penny?
The 1943 Lincoln Head Copper Penny can be worth between $240,000 and $336,000, making it one of the most valuable error coins in U.S. history.
2. Are any of the rare coins still in circulation?
Yes, some rare coins, like the 1982 No Mint Mark Roosevelt Dime and the 1969-S Lincoln Cent with Doubled Die Obverse, are still in circulation and can be found in pocket change.
3. How much is the 1794 Flowing Hair Dollar worth?
The 1794 Flowing Hair Dollar is worth an estimated $10 million, as it is considered the first silver dollar minted by the U.S. Mint.
4. What makes the 1913 Liberty Head Nickel so special?
The 1913 Liberty Head Nickel is one of the rarest coins, with only five ever minted, making it worth over $1.4 million.
5. How do I start collecting rare coins?
To start collecting, research rare coins, visit coin shops, and look for error coins in your pocket change or from banks.