Coin collecting is not just a fun pastime; it is a good investment as well. Some coins, especially the rare ones, have the potential to increase many times in value in future. Whether you have known numismatics for years or whether you just stumbled upon a jar of coins in an attic somewhere, now is the time to look hard. With increasing demand among collectors and limited supply, there are some rare coins expected to grow significantly in value by the year 2025.
Here are three of the rarest coins that might just be a fortune worth; what makes them so special, and how to know if you may have one hiding in your attic.
1. 1909-S VDB Lincoln Cent
Why It’s Special:
One of the most famous coins in American history is the 1909-S VDB Lincoln Cent. It was the first year of minting the Lincoln cent with the initials “V.D.B.” prominently displayed on the reverse side by designer Victor David Brenner. This quickly became extremely rare because of the subsequent controversy over the visibility of the initials, and they were swiftly removed.
Current Value:
In good condition, it can bring anywhere from $700-$1,000, while the uncirculated examples could have a selling price of $2,000 or more.
Potential 2025 Value:
Increasing demand among collectors makes experts predict that for the high-grade examples, this coin could go over $3,000 by 2025.
How to Identify It:
- Look for the “S” mint mark below the date, indicating it was minted in San Francisco.
- Check the reverse for the initials “V.D.B.” at the bottom.
2. 1916-D Mercury Dime
Why It’s Special:
One of the rarest and most sought after U.S. dimes in coinage history, the 1916-D Mercury Dime, is a great example of such a coin. It was the first year for the Mercury dime design, and only 264,000 pieces were minted in Denver, making it incredibly rare as well as historically significant.
Current Value:
In fine condition, this coin is estimated to fall between the price ranges of $1,000-$3,000 and could go above $15,000 in uncirculated categories.
Potential 2025 Value:
Considering its rarity and popularity, medium to high-end examples could appreciate between 10%-20% by 2025, potentially reaching an estimated $18,000 or more at the upper tier.
How to Identify It:
- Look for the “D” mint mark on the reverse, located near the bottom left of the fasces.
- Check the date (1916) and ensure the coin matches the Mercury dime design.
3. 1933 Double Eagle
Why It’s Special:
The great 1933 Double Eagle is closely associated with history. Although minted, nearly all were melted by President Franklin D. Roosevelt’s forced erosion of gold ownership during the Great Depression. Only a few survived, making them one of the prized treasures in American numismatics.
Current Value:
In 2002, one was sold for $7.6 million at an auction. Current price ranges of these rare coins could be between $8-12 million.
Potential 2025 Value:
Experts believe that, due to the continued mythical status that this coin earns among collectors, the 1933 Double Eagle would sell for $15 million and beyond by 2025.
How to Identify It:
- The obverse features Lady Liberty holding a torch, with the year “1933” at the bottom.
- The reverse showcases a flying eagle and the words “UNITED STATES OF AMERICA.”
- Authentication by a professional is crucial for this coin.
Why Rare Coins Increase in Value
The value of rare coins is influenced by a combination of factors:
- Limited Supply: Coins like the 1933 Double Eagle are extremely rare, making them highly desirable.
- Historical Significance: Coins with unique backstories or first-year issues often attract premium prices.
- Condition and Grade: High-grade coins in mint condition are much more valuable than worn ones.
- Market Demand: Growing interest in coin collecting drives up prices, particularly for rare pieces.
Tips for Finding Rare Coins in Your Attic
Searching for rare coins can be thrilling. Here’s how to get started:
- Check Old Coin Jars or Boxes: Many families keep jars of old coins that could contain hidden treasures.
- Look for Key Dates and Mint Marks: Key dates, such as 1909-S or 1916-D, are indicators of rarity.
- Examine Old Currency Collections: Paper money collections may also contain rare coins as part of their sets.
- Use Magnification: A magnifying glass or coin loupe can help you spot small details like mint marks or design variations.
- Consult a Coin Expert: If you find a coin that looks unusual, have it evaluated by a numismatist or grading service like PCGS or NGC.
FAQs
1. How do I know if my coin is valuable?
Look for key dates, mint marks, and errors or limited production that might be present. Condition wields a big hand when determining worth.
2. Should I clean my rare coins?
Cleaning damages the coin and reduces its value. Collectors love coins in their original state.
3. Where can I sell rare coins?
You can sell by coin dealers or online through sites, or auction houses. But for really high-value coins, sell them only after authentication and grading.
4. What if my rare coin is damaged?
Coins that are damaged are less valuable than unspoiled pieces but may still be valuable for their rarity or historical importance.
5. How can I start a coin collection?
Research the particular coins you want first, then get a basic grading guide and buy coins from reputable dealers
Conclusion
The 1909-S VDB Lincoln Cent, the elusive 1916-D Mercury Dime, and the illustrious 1933 Double Eagle are some of the few rare coins that do not only serve as historical artifacts but also investments, if at all. Search through attics, coin jars, and collections because you might be storming up a future fortune by 2025.
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