How To Look For and Find Rare Coins

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By malonge

Coin Collecting

How many times have you pulled money out of your pocket and been lucky enough to find a rare coin. Well maybe you have, but for the most part, how to find rare coins is not something we always think about as money passes through our hands. Unless you are a serious coin collector, you probably don't even look. Until recently, I never gave it a thought. It was one day when I was just surfing around on the computer that I started reading about how there are certain coins in existence that are considered rare and if brought to auction could be worth great deals of money One being a 1943 copper penny. That's because, it was a year in history when copper was in great demand therefore only a few pennies, mistakenly were made from copper. Most that year were made from steel. If you have a 1943 penny that does not stick to a magnet, it could be worth money. So how do you find rare coins? There are few ways but it is not easy.

Save pennies and or coins in a jar and periodically go through them. If your grandparents have coins, ask to go through them after doing your research on collecting rare coins. When you get rolls of coins for whatever reason, always check them. Sometimes, pawn shops and antique stores have good deals on old coins. Always pick up pennies or coins you may find on the ground. Gold coins are by far the most valuable especially right now.

Other information I found was that coins with errors on them are often times worth money. Overlapping or blurred letters and or numbers, coins with the same thing on both sides ( double headed) or perhaps a three legged instead of a four legged buffalo on a buffalo nickel. Coin values vary, but if you think you have one that may be worth something, it is certainly worth checking out.

I found it fascinating looking into the different types of coins that could bring a person into some bucks should they have one in their possession. Right now another popular item is anything that is silver especially silver dollars and silver half dollars. All kinds of pawn shops and antique stores are buying silver and gold so why not take your silver coins in and see how much they are worth.

Advice. Look your coins over before you spend them, you might just have a gem in your pocket.



Rare Coins

Indian Head Nickel
Indian Head Nickel

Rare Coin Collecting

Coin Collecting Can Become a Lifetime Hobby

Coin collecting can become a lifetime hobby. Some who started collecting from a very young age now have several thousand dollars worth of old coins. Besides being a profitable hobby if you're good at it, it can be an enjoyable hobby and one that can be shared with others. Some will attend coin shows, some will go to sales in search of old coins, some will search online and others will use metal detectors to find old coins. It can involve a lot of time and activity.

Comments

Adventure Colorad profile image

Adventure Colorad Level 1 Commenter 13 months ago

Also, if you are at a yard sale or estate sale you might find rolls of coins that are being sold to get rid of, you can usually buy these for the face value, i.e 50 cents for a roll of 50 pennies. Go through it to check for older or rare coins, whatever is left, you can take to the bank and deposit.

malonge profile image

malonge Hub Author 13 months ago

Great idea. Thanks

Alladream74 profile image

Alladream74 Level 4 Commenter 12 months ago

Good advice.Makes a good introduction to coins.By the way there is a 20 pence coin with no date on it in United Kingdom,a recent release in circulation, it can collect upto £50!

Kyndal 2 weeks ago

I am only a kid and have just started coin collecting but this website has been a big help. ( if you see my dads picture in here do not be surprised.

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