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Pocket Change Treasures - Coins in Circulation That Could Be Worth a Fortune!

September 26th, 2013 Coins

A penny saved may be a penny earned, but if you're lucky you can earn a jackpot by holding onto your pennies and other coins. Since you can sell some coins for more than their worth in circulation, with a little bit of know-how and attention, you could find yourself with more cash than you thought.

When inspecting coins there are a few important things to look out for, according to the U.S. Mint Collector's Club. First are the physical characteristics, such as how damaged and worn a coin is and how it looks to the eyes. Would you say that it is in mint condition? Second is the composition of the coin - is it made out of copper, silver or another metal? Finally, there are the historical aspects of the coin - when and where was it minted? How many others of the same coin were minted?

Some of the easier-to-find cash coins are wheat pennies, which according to Coin Trackers were minted between 1909 and 1958. These may not be sold for a whole lot, but they are worth more than pennies minted in later times since they have more copper in them. Picking up nickels, dimes, quarters and half dollar coins from various periods before 1970 can also net you some cash due to their silver content.

Another notable coin in circulation is the 1943 copper wheat penny, which can go for close to $100,000 according to Coin Trackers. Few of these pennies were produced and were only put into circulation by accident, like many other rare coins. Also of incredible value is the 1913 Liberty Head V nickel, which be sold for over 4 million dollars, since only 5 are know to have been minted.

These are just a few coins to look for, but there are many more out there. Keep an eye out for anything unusual or old and you could find yourself with a pretty penny!