Coin collecting can be a rewarding hobby, offering not only historical insights but also surprising financial value. Some rare coins, due to their unique histories and limited numbers, can fetch staggering prices at auction. Here are four sought-after coins that may be hiding in old collections, drawers, or attics—waiting to be discovered.
1909-S V.D.B. Lincoln Penny
Overview: Designed by Victor David Brenner, the 1909-S V.D.B. Lincoln penny is one of the most famous coins in American history. This coin marks the debut of the Lincoln penny design, featuring Lincoln on the obverse and Brenner’s initials, “V.D.B.,” on the reverse.
Historical Context: Only 484,000 of these pennies were minted in San Francisco before the U.S. Mint removed Brenner’s initials. This version’s scarcity and historical significance have made it a highly desired collector’s item.
Current Value: In circulated condition, the 1909-S V.D.B. penny can be worth several thousand dollars. Mint-condition coins have reached values of over $100,000, with a record sale of approximately $1.7 million in 2010.
Why You Might Find It: If you have a stash of early 20th-century pennies, check for the “S” mint mark on the reverse side. This coin’s value could make a significant impact if discovered in your collection.
1943 Copper Penny
Overview: The 1943 copper penny is an error coin created during World War II when the U.S. Mint switched to steel to conserve copper. However, a few copper pennies were mistakenly struck, creating one of the rarest and most valuable coins in U.S. history.
Historical Significance: Only about 20 of these copper pennies are known to exist today, making them incredibly valuable. This coin highlights the importance of quality control in the minting process and the potential for valuable errors.
Current Value: A circulated 1943 copper penny may be valued between $1,000 and $5,000, depending on condition, but pristine examples have fetched over $1.7 million at auction.
Why You Might Find It: If you have a collection of 1940s pennies, look carefully. Unlike the standard 1943 steel pennies, the copper version has a distinct copper color. Finding this penny would be a remarkable—and life-changing—discovery.
1913 Liberty Head Nickel
Overview: The 1913 Liberty Head nickel is one of the rarest and most intriguing U.S. coins. Although the U.S. Mint switched to the Buffalo nickel in 1913, a small number of Liberty Head nickels were mysteriously minted.
Rarity and Provenance: Only five examples of this nickel are known to exist. Each coin has a fascinating story, and they’ve been owned by prominent collectors, including B. Max Mehl, a legendary coin dealer.
Current Value: With prices exceeding $4.5 million at auction, the 1913 Liberty Head nickel is a prized possession. Its scarcity and the mystery surrounding its production make it one of the most legendary coins for collectors.
Why You Might Find It: While extremely rare, it’s worth checking old nickel collections from the early 20th century. Discovering a 1913 Liberty Head nickel would be a numismatic jackpot.
1804 Silver Dollar
Overview: Known as the “King of American Coins,” the 1804 silver dollar is one of the most prestigious and sought-after coins in U.S. history. Although it was minted in 1834, it was labeled as 1804 and created as part of a special diplomatic gift set for foreign dignitaries.
Historical Significance: With only 15 examples known to exist, this coin is highly valued for its rarity, unique design featuring Lady Liberty and an eagle, and its connection to U.S. diplomatic history.
Current Value: The 1804 silver dollar has sold for as much as $4.1 million at auction. Its exceptional scarcity, historical relevance, and aesthetic appeal make it a dream find for collectors.
Why You Might Find It: While the odds of discovering an 1804 silver dollar are slim, it’s worth looking through any silver dollar collections, especially those from the early 19th century. If found, this coin would be a monumental discovery.
These coins are proof that treasures can sometimes be found in the most unexpected places. If you have an old collection of coins, it’s worth examining them carefully—you might just find one of these rare pieces and turn your discovery into a life-changing moment.
FAQs
What makes the 1909-S V.D.B. Lincoln penny rare?
Only 484,000 were minted before the initials ‘V.D.B.’ were removed.
Why is the 1943 copper penny valuable?
It’s an error coin from WWII; only about 20 exist today.
How many 1913 Liberty Head nickels are known?
There are only five known examples of this rare nickel.
What is special about the 1804 silver dollar?
It’s one of the rarest coins, made for diplomatic gifts in 1834.
How much is the 1909-S V.D.B. penny worth?
In mint condition, it can be worth over $100,000.