You see, some 1970s coins are valued today at more than $10,000. The coins which once appeared average all those years ago are highly valued treasures nowadays to collectors. Numismatists (those coin enthusiasts everywhere) have made headlines over their particular features, short runs issued to mint these high-value, seldom-seen coins, and sometimes historical backing. So just why is that so, and how do I search for what is worth gold to me?
This article goes in-depth with five outstanding 1970s coins that sold for eye-watering amounts, why they’re worth so much, and shares tips on finding these gems among your own coins.
1. 1972 Doubled Die Lincoln Penny
One of the most legendary error coins ever is the 1972 Doubled Die Lincoln Penny. It’s an error where the coin’s design has been stamped twice, resulting in doubling of lettering and date.
Key Features:
- Strong doubling on “LIBERTY” and “IN GOD WE TRUST”
- Found on Philadelphia Mint (no mint mark) coins
- High-grade specimens (MS-65 or higher) can sell for more than $14,000
- Estimated Value: $500 – $14,000+ depending on condition.
2. 1970-S Small Date Lincoln Penny
The 1970-S Small Date Lincoln Penny is also a valuable coin from this time. It has a smaller font on the date compared to the more abundant large date variety, and as such, it is extremely popular with collectors.
Key Features:
- “7” in the date is even with “0”
- The top of the “7” is exactly even with the “0”
- Only on San Francisco Mint (S) coins
- Estimated Value: $2,500 – $35,000 in uncirculated condition.
3. 1976 Bicentennial Quarter
The 1976 Bicentennial Quarter was minted to commemorate 200 years of American independence. Although most quarters of this year are common, some rare 40% silver versions with high-grade quality are worth thousands.
Key Features:
- Has a Drummer Boy on the back
- Struck in 40% silver rather than copper-nickel
- Proof or mint state condition coins (MS-68 and above) are worth the most
- Estimated Value: $1,000 – $20,000+ for mint condition silver proof types.
4. 1971 Eisenhower Silver Dollar
The 1971 Eisenhower Silver Dollar is yet another collectible coin of the 1970s, particularly proof types struck in silver. Certain high-grade and rare errors have commanded handsome prices.
Key Features:
- Made in 40% silver composition (not copper-nickel clad)
- Search for San Francisco (S) Mint proofs
- Error and high-grade copies sell for premium prices
- Estimated Value: $500 – $10,000+ based on rarity and condition.
5. 1979 Susan B. Anthony Dollar
The 1979 Susan B. Anthony Dollar was the first U.S. coin to depict a real woman, but a scarce Wide Rim variety of this date has become extremely valuable.
Key Features:
- The date is close to the rim, very different from common ones
- Present only on Philadelphia Mint (P) coins
- Uncirculated or proof specimens command the most money
- Estimated Value: $500 – $15,000+ for scarce Wide Rim specimens.
How to Check the Valuable 1970s Coin
If you suspect you have one of these numismatic coins, do the following:
- Verify Mint Mark: Ensure “S” (San Francisco), “D” (Denver), or a lack thereof (Philadelphia).
- Search for Errors: Carefully inspect the date, letters, and general design for doubling, misspells, or odd markings.
- Measure Weight: If silver, it weighs heavier than common clad coins.
- Get It Graded: Have your coin graded and authenticated by PCGS (Professional Coin Grading Service) or NGC (Numismatic Guaranty Corporation).
Conclusion
The coins in the 1970s do not appear to be older, but some are worth thousands of dollars because they are rare and in demand. If you have received a collection of old ears, quarters or silver dollars since the 1970s, you can take a new look – you can take on a treasure that you do not understand! Start digging through the collection of your coins today – you never know you will find a rare for thousands!
FAQ’s
How do I determine if my 1970s coin is worth something?
Look for mistakes, mint marks, and condition. Examine under magnification for doubling, misprints, or other peculiarities. Viewing your coin side by side against online records such as PCGS or NGC may yield additional results.
Where do I sell premium coins?
Specialized auction companies like Heritage Auctions.
eBay (for hobby collectors).
Certified dealers or coin expos.