Collecting coins can be more than just a hobby; for many, it’s like an exciting treasure hunt. Among the coins you might find, rare error coins can be worth thousands of dollars or even more.
These errors happen during the minting process and can make a coin highly valuable. If you have a jar of loose change or rolls of coins, it might be worth checking for these hidden gems. In this article, we’ll explore seven rare error coins that could be worth $1,000 or more.
1. 1955 Doubled Die Lincoln Cent
The 1955 Doubled Die Lincoln Cent is one of the most famous error coins. This coin shows noticeable doubling on the date and the words “LIBERTY” and “IN GOD WE
TRUST” due to a misalignment during the die-making process. In circulated condition, this coin can be worth around $1,500. However, if it’s in mint condition, it can exceed $20,000.
2. 1937-D Three-Legged Buffalo Nickel
The 1937-D Three-Legged Buffalo Nickel is another renowned U.S. error coin. It has only three legs, a result of over-polishing the reverse die. This missing leg makes the coin highly valuable, with prices ranging from $500 for well-worn examples to over $99,000 for those in near-perfect condition.
3. 1943 Copper Lincoln Cent
During World War II, the U.S. Mint made pennies from steel to conserve copper. However, some copper planchets from 1942 were mistakenly used in 1943, creating the rare 1943 Copper Lincoln Cent. These error coins are incredibly rare and have been sold for over $1 million in private sales.
4. 2005-D Speared Bison Jefferson Nickel
The 2005-D Speared Bison Jefferson Nickel is named for a die gouge on the reverse side that looks like a bison is being speared. This dramatic error can sell for several thousand dollars, with high-grade examples fetching more than $1,000.
5. 1975 No S Proof Roosevelt Dime
Proof coins are struck with extra care, so errors are unusual. However, in 1975, a batch of proof Roosevelt dimes was made without the “S” mintmark. Only two of these coins are known, and they’ve been sold for as much as $456,000 at auction.
6. 1982 No P Roosevelt Dime
Another rare coin is the 1982 No P Roosevelt Dime. This coin was struck without the “P” mintmark, which was an error. Although less valuable compared to others, this dime can still be worth between $100 and $1,000.
Error coins offer a fascinating glimpse into the world of coin collecting, combining history and rarity. Whether you’re an experienced collector or just starting out, keeping an eye out for these rare error coins could lead to a valuable discovery.
From the 1955 Doubled Die Lincoln Cent to the 1975 No S Proof Roosevelt Dime, these coins are not just pieces of currency; they are unique treasures that can be worth thousands of dollars or more.
1. What are error coins?
Error coins are coins that have mistakes made during the minting process, which can make them more valuable.
2. How can I check my coins for errors?
Look closely at the details of each coin, especially the date and mintmark. Use a magnifying glass if you have one.
3. Are all error coins valuable?
Not all error coins are valuable, but some rare ones can be worth a lot of money.
4. Where can I sell my rare coins?
You can sell your rare coins to coin dealers, at auctions, or through online platforms dedicated to coin sales.
5. How do I start collecting coins?
Start by looking through your loose change and researching different types of coins. Joining a local coin club can also help you learn more.
