RARE coins can be an opportunity to win thousands of dollars – if you know what to look for.
A rare penny recently sold for $20,400, but it doesn’t look like a typical penny.
two
The 1821 cent coin features the head of Lady Liberty and 13 six-pointed stars.
The reverse features a wreath and the words “United States of America”.
However, it is the unique “marriage” of the two sides of the coin that adds value.
The coin sold for five figures on June 13 to an anonymous internet bidder, according to Heritage Auctions.
IN DETAILS
The auction listing highlighted the coin’s brown color and low mintage.
“Although designated as brown, faded orange-red adorns much of the reverse, along with shades of olive brown and mahogany,” it said.
He said that relatively few pennies were made in 1821, increasing the value of this specimen.
Marriages occur when drawings of two coins go to the same coin.
This means that the design of the ‘head’ side was done separately from the ‘crown’ side.
This rarity can also add value to collectors.
However, one of the biggest factors in a coin’s value is its grade.
This penny was graded by Professional Coin Grading Service, who rated it 63 out of 70.
This means it is among the highest quality examples of this cent.
Rare coins
You might be keeping something valuable in your wallet. Check out these articles about rare coins to see if you have a treasure hidden deep in your pocket.
MORE COINS
The coins have become valuable thanks to the interest of collectors willing to spend thousands on small pieces of metal.
Some are known for their historical value.
A century-old historic coin has been found in Maryland.
The shilling was likely brought to America in the 1600s by British colonists.
Other valuable coins are more modern.
A Lincoln cent recently sold for more than $9,000.
Another penny from the 1800s could sell for $5,040.
A lucky father of five has found a box of treasures.
This story originally appeared on The-sun.com read the full story
