Check Your Change for Some Great Collectible Coins
Wednesday, October 22, 2008 14:09The introduction of the internet has completely turned around the way people find things to collect. It is surprising to many novice collectors how many expensive and rare coins are still in loose circulation.
Good coins for new collectors to start with would be the "wheat pennies", which followed the popular Indian Head pennies and were produced between 1909 and 1958. The wheat penny is named for it's design, which includes a pair of wheat stalk bundles on the back side of the coin, and a picture of Lincoln on the front side.
A particularly interesting U.S. coin is the zinc/steel penny produced during the Second World War. Because of a copper shortage during the war, the U.S. Mint produced pennies made from steel, then coated with zinc to prevent any rusting. Minted in 1943, they are old enough to be valuable due to age, but have the added rarity of a different alloy. You can tell them apart by their slight bluish gray tine and their distinctive sound when struck.
Quite a few of the Lincoln wheat cents feature the designer's initials, VDB for Victor David Brenner, on the back of the coin. The ones which were minted at locations other than Philadelphia are more valuable; most were minted there, as Philadelphia had the largest mint at the time. Some of these one-cent pieces can sell for upwards of 700 dollars - not bad for a single cent! Many sell for fifteen dollars, which is quite the profit for a single cent piece.
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Check Your Change for Some Great Collectible Coins | The Fallen Sky says:
October 22nd, 2008 at 5:07 pm
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