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When you take your metal detector coin-shooting, pennies are one thing you have no problem with running across. Right up there with beverage pull-tabs as the most common find. But some kinds of pennies, even from recent years, are more valuable to collectors because of flaws in the mint striking or other oddities. While the odds are against your finding the really rare pennies and they won't be too distinguishable for the rarity unless they're in really good condition, here's some dates and types to keep an eye peeled for before you chuck them in your bag:.
Check for a wide spacing on the letters "AM", a sign that these were some of the pennies from those years with proof dies. Mildly valuable. Look for the double-die obverse. A "double-die" is coin-speak for a coin that was struck twice, usually while the machine was moving or vibrating or to correct for a weak first strike, producing an outlined look on some details of the coin.
The more obviously it doesn't look like a "normal" penny, the more valuable. This one is mildly valuable. Check for a double-ear! A double-die most noticeable on Lincoln's ear - it looks like he has two ears mixed together on the side of his head! Very famous. Considerably valuable, depending on how much the flaw stands out. Double-die obverse. Recognizable all over the face of the coin: the lettering is double-printed and Lincoln has an "aura" around his outline.
Highly valuable, the more freakish, the better. An almost unnoticeable variation in the '7' in the date; the small dates with the 'high' seven are more valuable. Not too exciting. The most noticeable of double-dies, this one clearly looks like the design on the front was skewed or smeared. Extremely valuable, even in poor condition, provided the error still stands out.
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Under the 'S' mint mark is the 'D' mint mark. Yes, some pennies minted in San Fransisco this year started out with the Denver die and when they caught it, they just backed up the belt and replaced the die and struck them again. The 'D' is visible under the 'S', here. Nothing remarkable about this penny, just that an extremely low mintage this year makes this a rarer penny than most.
Worth something considerable in any condition at all. Unlike the other pennies without a mint mark, which normally means they were minted in Philadelphia, this series was supposed to have the 'D' mint mark!
But they forgot it on some. Considerably valuable, as long as the condition is fair. Any pennies found which are older than this and are in good enough condition to show the date are best to have them appraised.
By the way, wheat ear pennies aren't automatically valuable, contrary to what many believe. Research Booth.
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Consequently, we reserve the right to take any actions we deem appropriate to ensure these forums are not disrupted or abused in any way.Submission Guidelines. At the beginning of the yearUnited States coin collecting got a boost.
The US mint began issuing five different quarters for each year, to culminate in the year These quarters depict the 50 states of the US, in the same order in which they were accepted into the Union. Anybody handling US coinage has doubtless noticed the different designs, and this is a tantalizing hook: it's easy to get your hands on the current releases, but quite difficult to latch on to the entire set.
Each state gets to approve and commission their own design, and the committee that meets to decide this sometimes gets embroiled in debate between special-interest groups who all want to hold sway over how their state is to be represented. When no agreement can be reached, a cop-out that many take is to simply show a map of the state itself, sans additional symbolism.
This irritates numismatists, who prefer a skillfully-executed illustration to a plain Thomas-atlas outline. As a rule, coin collectors prefer that there would be less politics mixed with their hobby!
Coin dealers are a mixed bag on state quarters. When people who have never thought to collect coins have suddenly shown interest, the new breed of collectors that this generates ensures that hundreds of mint-quality specimens of every state will be available decades from now. This has happened before; the Susan B Anthony dollar of the 's through 90's was not very popular in circulation and too popular with collectors, consequently, mint-state gem-quality Susan B.
Anthony dollars from the first year of issue are not worth the trouble to save when they're as plentiful as rocks.
There are coin shops who won't touch state quarters. However, some of the state series have gone on to gain value. Particularly the first year's five quarters, with Delaware, Pennsylvania, New Jersey, Georgia, and Connecticut, have risen in value for pristine specimens, due to their escaping into the wild before the fad caught on. Some of this market value can even be attributed to a "bubble effect" on the coin-collecting market. It is probably better to wait a few years after the series is complete, to see what the real value of complete sets in good condition is really worth.
If the state quarters were to compete in a beauty contest, the winners and losers would be scattered all around. Since each state gets to hire their own designer, some of the quarters have been done by people who have never done an engraving before. Today's modern breed of computer graphics-trained artist have a hard time thinking in terms of what can be done with an embossed die.
The original design ideas in many cases have been submitted and rejected and rearranged and thrown out, with much back-and-forth between committee and artist. What we are left with is sometimes bland, and sometimes inspired, but always an interesting commentary on how the individual states see themselves. Research Booth. If you are a high quality writer then we may have work for you.
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