Spotting counterfeit coins is one of the most important things a coin buyer must do when looking to purchase a rare coin. Learn some of the ways skilled numismatists watch out for fake coins.
If damage happens to a coin before it leaves the Mint, then that coin is considered an error coin or a mistake. (On the other hand, if damage happens to a coin after it has left the US Mint facility is considered 'damaged' and it is generally worth very little.) Error coins are rare and valuable because they are legit -- they entered circulation that way and are relatively few in number. Here's a list of well-known U.S. coin errors, how to determine a true error coin from a fake one, the most valuable error coins to look for, and how to spot new errors on coins -- because new errors are being discovered all the time!
First Spouse gold coins are expensive to buy. So how can a coin collector get their hands on U.S. Mint-made commemorations of our nation’s first spouses without having to spend hundreds or thousands dollars to buy those pieces? The U.S Mint now issues bronze medals of the same designs seen on the First Spouse gold coins!
The Wisconsin quarter error with the extra leaf has caused much speculation on how the error occurred. Was it deliberate or an honest mistake. One thing’s for sure, the Wisconsin state quarter error is worth searching for!
When should you buy a high-priced coin microscope? And when is it best to simply stick with the trusty 5X magnifying glass you almost certainly already have? Here’s the scoop.
Error coins grab the attention of the collector and non-collector alike. Why? Because they are so unusual.
Collecting coins can be fun — especially when all the coins you need for your collection can be found right in circulation. Let’s look at some of the exciting coins you can find right in your pocket, purse, or at your local bank.
As far as business-strike Lincoln Memorial pennies, the kind struck for circulation (and lacking errors), the short answer essentially is no — Lincoln Memorial pennies generally are not valuable. In fact, typical pieces are worth only face value if worn, and only a tiny premium if in average uncirculated condition, except for a few cases.
Everything you want to know about New Hampshire state quarters including errors, current value, how the design was chosen, and the story of the Old Man Of The Mountain.
Some of the most common error coins include: double-dies, blank planchets, broadstrikes, wrong design or wrong metal, off-center coins, and clipped planchets.
What are 1943 steel pennies worth? What are 1943 copper pennies worth? Here are there values, including what to look for and how to spot a fake 1943 Lincoln copper cent.
You may be glad to hear that there are dozens of U.S. coins considered rare, and that many estates include rare U.S. coins. Many others are found in attics, old drawers and chests, and some are even found in circulation!
In general, most wheat pennies are worth just a few cents (perhaps 10 cents). However, if worn and of a highly common date and mint mark combination, many wheat cents are quite valuable. In fact, some of the scarcest wheat cents are downright expensive — costing into the hundreds of dollars in the most worn condition. Here’s the scoop.
While it is theoretically possible to find any legal tender money in circulation, including old and even rare coins, the likelihood of finding such coins in circulation is small — but not impossible. Plus, you may find some error coins, as well. Here’s what to look for.
Here’s everything you want to know about Buffalo nickels and what they’re worth today.
Here are 5 books I believe every coin collector should consider owning…
Proof coins represent the finest, the very best, that any U.S. Mint has to offer. You see, proof doesn’t refer to a particular grade. Rather, proof refers to the result when a coin is manufactured in a special way. Proof coins vary greatly from their business strike — regular, circulation-quality — counterparts and they take a different path in the Mint.
Ironically, silver nickels have no nickel in them… just silver. So most Jefferson war nickels are worth their ‘spot value’ — that is, the amount of money the metal inside the coin is worth. Here’s how to check current silver prices and find out how much your silver war nickels from 1942 to 1945 are worth.
Here are the rarest wheat pennies, along with the prices and values for these rare Lincoln wheat pennies.
Here’s my story… why I decided to start collecting coins, what I get out of it, and my tips for those looking for coin collecting information.
It’s surprising what ends up in your pocket as change received from a simple purchase. I’ve managed to complete a very informal coin collection strictly from pocket change. Every morning when I stop to pick up a newspaper, I check to see if the 2 quarters in change are the next coins for my collection. Other unique coins made their way from pocket change to my coin collection as well.
Presidential Dollar coins were struck from 2007 to 2016. Each $1 coin features the face of a former U.S. president. Four coins came out each year until all former presidents (non-living) were minted on these golden-colored U.S. $1 coins. Another related presidential coin set called the First Spouse gold coins program ran from 2007 to 2016, as well. These $10 gold coins were released concurrently — at the same time as their husband’s President coin.
Have a coin set or completed coin folder and want to know how much it’s worth? Here’s how to tell the value of your completed coin sets and coin folders…
There are several coin price guides made by different companies, but I mostly use the Red Book and the Black Book. Here are some tips for choosing the right price guide for you coin collection.
Do you know how to tell a war nickel from a regular Jefferson nickel? I’ll show you – it’s simple! Plus, see what Jefferson nickels are worth today… including war nickels.
Millions of coins are released each year by the mints, so it is no wonder that a few abnormal coins slip by inspection and out into population. These are called error coins. They are highly collectible and usually command a lot higher price than if the coin were struck normally.