Pawn shops and jewelers are the last places to sell coins because, in general, the staff at those places aren’t knowledgeable on coins, and they won’t pay you as much as you could get from a reputable coin dealer with a lot of available buying capital. You sell it to a coin collector or a coin dealer. How do transform that penny into $500 or $1,000? OK, so let’s say you’ve hit the jackpot by finding a 1909-S VDB Lincoln cent. Of course, the fun of roll searching is the thrill of the hunt! How Do You Turn Rare Coins Into Cash? The most difficult part in roll searching is the time it takes to go through hundreds or thousands of coins for the chance of finding a few possibly rare coins. Some rare, old coins like the 1909-S VDB Lincoln cent are worth $700 to $1,500 or more. But below are links to our best articles, by denomination, that can help you look for the really important old coins in your loose change - the types of coins that are worth much more than their face value alone: Listing all old, rare coins is unfeasible here, due to the sheer length of such a list. You have to know which specific old coins are rare. But that doesn’t always ring true in numismatics. It’s pretty natural and forgivable to think that the older a coin is, the more it’s worth. Yet, many who have little knowledge of coins from the collector perspective may think they’ve hit it rich if they land a 1941 Lincoln penny or a 1921 Morgan dollar - both old, yet very common coins.

Numismatically untrained individuals may not realize how much value and true rarity lay behind some types of obscure modern die varieties or lesser-known error coins. This doubling may become apparent if the die rotated during the creation process. Unlike double-struck error coins - which are created when the blank planchet is struck multiple times by the die - a double die coin is made when the hub (a device that impresses an image upon a die) accidentally doubles part or all of the design on the die. Unlike an error coin - which is generally created either in the process of preparing planchets (coin blanks) or when a die strikes a blank planchet - a coin with a die variety is one of perhaps only a few or maybe as many as several thousand that contain the same design mistake.Īmong the most popular types of die varieties are doubled die coins. Others (like off-metal errors) are typically worth hundreds and even thousands of dollars. Some of these errors (such as off-center coins) are sometimes worth only a few dollars.

The list of error coin varieties above isn’t all-inclusive, but it’s a good starting point to help you identify the diversity of error coins that exist.

Valuable coins in your pocket