Coin collecting can be both interesting and profitable, particularly if you come across rare and precious coins. One such gem is the Rare Bicentennial Quarter, which recently made news after getting an incredible $120,000 at auction.
However, this is just one example of many valuable coins. In this article, we take a look at the Bicentennial Quarter and four more rare coins that could be worth up to $4,000 each.
The Rare Bicentennial Quarter
Among its many prized quarters, the Bicentennial Quarter is one because it commemorates America’s 200th anniversary. 1976 is the minting year of this quarter. This coin features a very unique design, one which has an image of the American flag and a drum.
Although most of the quarters are only worth what they are essentially made of-and that is more or less their face value-a very rare occasion reveals that a special type of quarter is known to be mintage defective.
The coin recently sold at $120,000, a record price which underlines the coin’s rarity and calls for proper examination by collectors.
What Makes It Valuable?
While such a blunder might form a large part of the value of the Rare Bicentennial Quarter, it is just one type of minting blunder. The problem occurs when the coin is struck with incorrect details or misaligned features.
In this example, the coin’s design contained a severe mistake, making it a one-of-a-kind find. Collectors and investors are willing to pay top money for these anomalies due to their scarcity.
Four More Valuable Coins
1943 Copper Penny:
This cent is significant because it was intended to be made of steel, but a few number were inadvertently manufactured in copper. These are highly rare and can sell as much as $4,000.
1909-S V.D.B. Lincoln Penny:
That is a very rare one because of the small mintage, with engraver’s initials on the backside-minted at San Francisco. Worth $4,000 or more depending on its condition.
1955 Double Die Penny:
This penny, known for its conspicuous doubling of the date, is a popular collectors item. Well-preserved examples can be worth around $4,000.
1916-D Mercury Dime:
This dime is one of the most desirable coins for collectors. The “D” mintmark on the reverse indicates that it was coined in Denver, and its rarity makes it worth up to $4,000.
Finding rare and precious coins may be an exciting experience, especially when you realize that a seemingly regular coin is worth hundreds of dollars.
The Rare Bicentennial Quarter, worth $120,000, is an excellent example of how a minting fault can make a coin incredibly valuable.
The other four coins listed-1943 Copper Penny, 1909-S V.D.B. Lincoln Penny, 1955 Double Die Penny, and 1916-D Mercury Dime-all have a value ranging from $1,000 up to $4,000.
Again, just like these discoveries, their value can contribute richness to a coin collector’s collection and give the buyer or seller that thrill of finding that long-lost hidden gem.
FAQs:
What makes the Bicentennial Quarter worth $120K?
Its rarity and unique minting errors contribute to its high value.
How can I identify the $120K Bicentennial Quarter?
Look for distinctive minting errors and verify its authenticity through professional grading.
What are the features of the four quarters valued at $4,000 each?
These quarters typically have rare minting errors or unique features that increase their value.