The universe of rare coins, such as the $51 million Bicentennial Quarter, is full of surprises. Learn the right skills, and pocket change can translate into a fortune. Spend time examining your coins, searching for distinctive characteristics, and seeking guidance from experts in order to get to the reality of their true value. Get more resources through PCGS or Heritage Auctions and begin uncovering today!
What is the $51 Million Bicentennial Quarter?
The Bicentennial Quarter was produced in 1975-1976 to celebrate America’s 200th birthday. Although the majority of Bicentennial Quarters are worth their face value of 25 cents, a rare type sold for an astonishing $51 million because of its distinctive features:
- Composition: While regular quarters contain copper and nickel, this rare type was minted in 90% silver.
- Mint Errors: This coin had unusual minting errors, making it unique.
- Condition: Rated nearly flawless by experts, its mint state helped it acquire an astronomical worth.
5 More Coins Make You Rich
These five other coins have the potential to be worth a small fortune too:
1943 Copper Penny
- Why It’s Valuable: In the course of World War II, the U.S. Mint melted pennies and used steel so that copper can be conserved for war endeavors. Some accidental copper pennies were minted, making the coins extremely scarce.
- Estimated Value: Up to $1.7 million.
- How to Identify: Inspect the date (1943) and magnet test. Copper will not adhere to a magnet, in contrast to steel.
1969-S Double Die Penny
- Why It’s Valuable: Like the 1955 penny, this coin has doubled lettering as a result of a mint error.
- Estimated Value: Approximately $35,000 to $100,000.
- How to Identify: The “S” mint mark indicates it was struck at San Francisco, and doubling is very noticeable on “United States of America.”
1955 Double Die Penny
- Why It’s Valuable: A minting mistake made the lettering look doubled, producing a clear, misaligned appearance.
- Estimated Value: Up to $125,000.
- How to Identify: Observe doubled letters on “Liberty” and “In God We Trust.”
1933 Saint-Gaudens Double Eagle
- Why It’s Valuable: Meant to go into circulation, the majority were destroyed with President Roosevelt’s recall of gold. Some managed to survive destruction.
- Estimated Value: More than $7.5 million.
- How to Identify: Has Lady Liberty carrying a torch on the obverse and an eagle in flight on the reverse.
1913 Liberty Head Nickel
- Why It’s Valuable: Only five were produced, probably without authorization, making it one of the most rare coins in U.S. history.
- Estimated Value: More than $5 million.
- How to Identify: The coin has Lady Liberty’s profile with the inscription “Liberty” above her head.
How to Identify Valuable Coins
- Search for Mint Marks: Mint marks reveal the location a coin was minted. Small letters usually are placed near the date or on the back. Special mint marks, such as “S” (San Francisco) or “D” (Denver), will boost value.
- Inspect for Errors: Mint errors such as double dies, off-center strikes, or omitted features are valuable. Study your coins with magnification to find strange details.
- Assess Condition: Coins are rated 1 to 70, with 70 being flawless. Proof or uncirculated coins tend to be worth more.
- Check Material: Certain coins, such as pre-1965 quarters and dimes, are made of silver. Checking their material can establish value.
- Expert Appraisal: For valuable coins, have the coins graded by reputable companies such as PCGS or NGC to verify and gauge their value.
FAQ’s
How do I know if my coin is rare?
Inspect for odd characteristics such as errors, mint marks, or special designs. Compare your coin to internet databases or have a professional inspect it.
Are Bicentennial Quarters typically valuable?
Most are face value unless they contain rare errors or are silver.