A PENNY sold for more than $50,000 at auction, and it all came down to one detail.
A coin expert has revealed what exactly you should look for in your Lincolns.
two
Wheat for Shields on TikTok gave his viewers some advice, and they’d better listen if they want to be able to deposit $50,000.
“Always look at the front and back of these coins,” she advised in a recent video.
The 1993 penny, or Lincoln penny, was minted in Philadelphia and Denver.
While most of these pennies are worth their face value of one cent, certain varieties can fetch significant prices on the collectors market.
read more about rare coins
KEEP YOUR EYES OPEN
When it comes to the 1993 penny, there are a few important varieties that collectors should keep an eye on.
Column varieties can be quite subtle, and although they are not always very profitable, they can still add value to your collection.
It’s worth knowing the details, as some collectors appreciate these variations.
There is also a slight variety of duplicate data, identified by a slight duplication in the earlobe of Lincoln’s portrait.
While it may not be the biggest moneymaker, it is still a resource that collectors value.
If you are lucky enough to have a 1993 penny in Mint State 69 condition, you could be looking at a sale price of over $1,000.
Here’s the breakdown:
- 1993 No Coin Mark (Philadelphia): Mint State 69 specimens can fetch more than $1,000, with some PCGS graded reaching nearly $5,000.
- 1993D (Denver): Similar to its Philadelphia counterpart, Mint State’s 69 Denver cents are also worth over $1,000. However, the real highlight is a 1993 D cent that sold for an astonishing $50,000.
PENNY WITH A TWIST
The 1993 $50,000 D cent isn’t just any coin – it turned out there was a dime minted on the back, creating what is known as the mule error.
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.
Mule errors occur when a coin is struck with a different denomination die, making these coins incredibly rare and highly sought after by collectors.
If you have any 1993 pennies lying around, it’s time to take a closer look.
You never know when you might stumble upon a hidden gem.
Whether it’s a subtle variety or a rare mistake, the profit potential on your move is more significant than you might think.
However, this 1993 penny is not the glass ceiling for coin collectors.
You can make significant money from unexpected coin discoveries – just pay attention to the little details that can elevate your Abraham Lincoln pennies to a value in the millions, as revealed by an expert.
Additionally, keeping an eye on 2004 quarters could be worth it, as some of them could be worth up to $2,000.
This story originally appeared on The-sun.com read the full story
