English Penny

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The development of English Coins

Coin collecting is a major hobby for old and young alike. As soon as you start its hard not to become addicted to riffling through a pile of coins every opportunity you get. Picking up rare US coins is a best project to get your kid started on and you can have fun in the process. Im going to offer you an inventory of rare US coins you'll wish to start looking for.

The first of the rare US coins to put on your list to find is the 1943 copper penny. Its a treasure if you can find one and is probably worth quite a lot. The explanation why the copper penny is so rare is often because at that time WWII was going fast forward and copper was being rationed. Almost all of the nickels being made were made from an amalgamate of brass and steel, not copper. You can figure out whether your 1943 penny is copper by attempting to pick it up with a magnet. A brass penny will stick to the magnet.

Next, you may wish to keep an eye peeled for anything made in 1870. If was made in San Francisco thats even better. The most highly cherished among collectors of rare US coins are the 1870-S half-dime, the 1870-S silver dollar and the 1870-S gold $3 coin. The S stands for San Francisco.

Liberty Head nickels made in 1913 are also among the much sought after of the rare US coins. This coin was quit in 1912 but 5 more were made in 1913 and later held by one man. This man started talking about these rare coins and their value started to skyrocket even as he held them without anyone knowing. The last time they were sold, one sold for almost 3 million dollars.

Among the most recent rare US coins is the 1974 aluminum penny. Copper costs started to rise steeply in the early 70s and the cost of producing the penny cost virtually a penny. The US Mint started to look for choices and created an aluminum penny. They sent some out as samples and they were never returned.

Another of the rare US coins is the 1982 No P dim. All nickels minted in Philadelphia were embellished with a P starting in 1980. However, a mistake occurred in 1982 and the P was accidently left off atiny number of coins.

If you are into collecting nickels, start trying to find the 1955 Double Die Penny. Among rare US coins being picked up it has an estimated value of between $200 and $1000. When these pennies were manufactured, the coin got out of alignment and the imprint was doubled. The image and lettering are double and it is extraordinarily easy to see.

These are just some of the rare US coins that you and your kid might wish to begin searching for. Most are straightforward to spot and fun to search for. If you find one of these rare US coins, be sure and read up on them and have it cherished by a pro. If you catch the collecting bug, you may wish to look into the better ways to store and protect any rare coins that you find.

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About the Author

Mr. Reynaldo Tempenter is a freelance writer who loves a good and healthy debate. This debate will last forever. Boxers or Briefs?