Latest news with #GoBankingRates
Economic Times
6 hours ago
- Business
- Economic Times
That Lincoln penny in your drawer might be worth $100,000 if it has this rare mint error on the back
A rare 2001-D Lincoln cent mule error coin, featuring a Roosevelt dime reverse, has garnered significant attention among collectors. These coins, mistakenly produced at the Denver Mint, have fetched impressive prices at auction, with some selling for over $100,000. Due to their extreme rarity, even those in poor condition can command substantial sums. Tired of too many ads? Remove Ads The Rare 2001-D Mule Error Explained Auction Sales of the 2001-D Lincoln Cent Mule Error Tired of too many ads? Remove Ads PCGS MS66RD: sold for $114,000 on June 17, 2021 PCGS MS65RD: sold for $78,000 on Feb. 24, 2022 PCGS MS65RD: sold for $66,000 on Aug. 24, 2022 PCGS MS66RD: sold for $114,000 on Jan. 11, 2024 FAQs There's a penny out there that looks ordinary at first, until you flip it over, known as the 2001-D Lincoln cent mule error coin, and it is so rare that it was twice sold at auction for over $100,000, as per a to a GoBankingRates report, this mistakenly produced coin was struck at the Denver Mint and has Abraham Lincoln's face on the front, like any other penny, but the reverse side is where things get unusual: instead of the Lincoln Memorial, it has the back of a Roosevelt dime, as per the wrote that, 'The 2001-D Lincoln cent mule falls in the category of Mint errors that conceivably could have been produced by mistake and released unnoticed into circulation,' as per READ: Are you falling behind? The age-by-age breakdown of how much Americans should have saved for retirement by now However, these error coins are highly prized by collectors and often get very high prices in auctions, as per the report. One of the few 2001-D Lincoln cent mule coins was sold at an auction via Heritage Auctions last year for six figures, and it is the fourth such coin to sell at auction, reported CoinWeek. While Heritage Auctions has previously sold the other three at high prices, as per the wrote, "When you include the four mentioned above, the total might not reach double figures. Because they're so hard to find, even those in poor condition can fetch up to $20,000."It's a rare US penny that mistakenly has a Roosevelt dime's reverse side instead of the Lincoln it's an extremely rare mint error. Only a few are known to exist, making it highly desirable among collectors.
Time of India
8 hours ago
- Business
- Time of India
That Lincoln penny in your drawer might be worth $100,000 if it has this rare mint error on the back
A rare 2001-D Lincoln cent mule error coin, featuring a Roosevelt dime reverse, has garnered significant attention among collectors. These coins, mistakenly produced at the Denver Mint, have fetched impressive prices at auction, with some selling for over $100,000. Due to their extreme rarity, even those in poor condition can command substantial sums. Tired of too many ads? Remove Ads The Rare 2001-D Mule Error Explained Auction Sales of the 2001-D Lincoln Cent Mule Error Tired of too many ads? Remove Ads PCGS MS66RD: sold for $114,000 on June 17, 2021 PCGS MS65RD: sold for $78,000 on Feb. 24, 2022 PCGS MS65RD: sold for $66,000 on Aug. 24, 2022 PCGS MS66RD: sold for $114,000 on Jan. 11, 2024 FAQs There's a penny out there that looks ordinary at first, until you flip it over, known as the 2001-D Lincoln cent mule error coin, and it is so rare that it was twice sold at auction for over $100,000, as per a to a GoBankingRates report, this mistakenly produced coin was struck at the Denver Mint and has Abraham Lincoln's face on the front, like any other penny, but the reverse side is where things get unusual: instead of the Lincoln Memorial, it has the back of a Roosevelt dime, as per the wrote that, 'The 2001-D Lincoln cent mule falls in the category of Mint errors that conceivably could have been produced by mistake and released unnoticed into circulation,' as per READ: Are you falling behind? The age-by-age breakdown of how much Americans should have saved for retirement by now However, these error coins are highly prized by collectors and often get very high prices in auctions, as per the report. One of the few 2001-D Lincoln cent mule coins was sold at an auction via Heritage Auctions last year for six figures, and it is the fourth such coin to sell at auction, reported CoinWeek. While Heritage Auctions has previously sold the other three at high prices, as per the wrote, "When you include the four mentioned above, the total might not reach double figures. Because they're so hard to find, even those in poor condition can fetch up to $20,000."It's a rare US penny that mistakenly has a Roosevelt dime's reverse side instead of the Lincoln it's an extremely rare mint error. Only a few are known to exist, making it highly desirable among collectors.
Yahoo
4 days ago
- Business
- Yahoo
Sam's Club Phases Out Traditional Checkout—What It Means for You
Sam's Club is rolling out a major shift that will reshape the way customers shop at its 600 U.S. locations. The retail giant is eliminating traditional checkout lanes and going all-in on its Scan & Go system, which lets customers scan items with the Sam's Club app and pay as they shop. It's a bold move that promises convenience but also comes with some significant changes to the shopping experience and your wallet. For shoppers tired of waiting in long lines, this shift is a welcome upgrade. Scan & Go means you can breeze through the store, scanning as you go and paying via the app, bypassing the need for cashiers or self-checkout stations. New QR codes will make it easy to purchase larger items and arrange delivery on the spot. But financial experts caution that convenience can come at a cost. 'The more convenient an experience, the more people spend,' Melanie Musson, a finance expert at Clearsurance, told GoBankingRates. That said, savvy shoppers might find Scan & Go to be a useful budgeting tool. By scanning each item, you can track your spending in real-time and adjust your purchases if you approach your limit. It's a practical way to keep impulse buys in check. Beyond groceries, the Scan & Go system extends to the Sam's Club Cafe and fuel stations, where QR codes allow for quick orders and payments. This creates a seamless shopping and fueling experience, speeding up your there's a potential downside: job losses. With AI scanners now verifying purchases at the exit, traditional cashier roles could be at risk. Sam's Club hasn't specified how many employees might be affected, but some locations, like Grapevine, Texas, have already introduced member specialists to help customers navigate the new technology. Whether you see it as a tech-savvy upgrade or a move away from human interaction, one thing is clear. Sam's Club is ushering in a new era of shopping. Sam's Club Phases Out Traditional Checkout—What It Means for You first appeared on Men's Journal on May 30, 2025 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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Travel + Leisure
5 days ago
- Business
- Travel + Leisure
This Is the No. 1 Place to Live in the U.S. for Affordability and Cost of Living
In a 2025 Pew Research Center survey, a majority of Americans said the economy was either only in "fair" or "poor" shape, with 63 percent citing "inflation" as a major concern. If this is your top priority too, know that one, we can relate, and two, GoBankingRates may have a few suggestions on where you can relocate to in the U.S. to experience a more affordable lifestyle. The website released its "Most Livable Destinations" list, including 10 spots where you can live a great life without a six-figure income. For this report, GoBakingRates first sourced the 50 best places to live from U.S. News & World Report's "250 Best Places to Live in the U.S. in 2025-2026." Next, it looked into each city's average monthly and annual rent, which it sourced from Zillow's April 2025 data. It also examined each city's annual expenses for groceries, health care, utilities, and transportation, all based on the Bureau of Labor Statistics' 2023 Consumer Expenditure Survey data points. And to determine the salary needed in each place, GoBankingRates followed the "50/30/20 budget rule," which Investopedia explained, "suggests that you spend 50 percent of your budget on needs, 30 percent on wants, and 20 percent on your savings goal," with housing falling under that "need" category too. After reviewing all the data, GoBankingRates named Laredo, Texas, the most affordable city, thanks to its annual cost of living expenses for homeowners at just $36,008 and the salary needed for homeowners at $72,015. It also found that the annual cost of living expenses for renters was just a touch higher at $36,888, and the salary needed for renters was also a smidge higher at $73,776. Texas also took the second-place spot thanks to the affordability of McAllen, where the annual cost of living expenses for homeowners is just $36,287, with the salary needed for homeowners at $72,574. The city's annual cost of living expenses for renters is $38,742, with the salary needed for renters at $77,484. These two Texas locations are joined by Moore, Oklahoma, in third, followed by Midland, Michigan; Broken Arrow, Oklahoma; Springdale, Arkansas; Saint Peters, Missouri; Eau Claire, Wisconsin; Sioux Falls, South Dakota; and West Des Moines, Iowa, rounding out the top 10. And while each of these spots requires less than $100,000 a year, GoBankingRates noted that all of the cities require an above-average salary to live comfortably." It added, "The average salary in the U.S. is about $67,000, but you'll need to earn over $70,000 to live comfortably in the top city for renters and over $72,000 to live in the top city for homeowners." See the full report at
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Travel + Leisure
22-05-2025
- Business
- Travel + Leisure
This Is One of the Most Popular Retirement Places in the U.S. for Low Taxes and Good Weather
If you've worked hard your entire life and saved up your pennies, you should be able to enjoy a fantastic retirement wherever you want, and do so surrounded by other retirees happily doing the same thing. However, with how the economy is going, some of the most popular retirement destinations could be far more expensive than you realize. But fear not. GoBankingRates has identified exactly how much you need to retire in America's two most popular retirement states that offer high concentrations of retirees, and identified the most affordable option, too. 'Two of the nation's most popular states to retire in, Florida and Arizona, are well-known for their good weather and lower taxes,' GoBankingRates shared in a statement with Travel + Leisure . 'Considering these factors matter to retirees seeking a comfortable lifestyle, it's not too surprising that 50 of America's most popular retirement locales are found in these two states.' However, what it did note could come as a surprise is the amount needed for a single person or a married couple to retire in the hot spots across these two states. 'Depending on the metro, at least $1 million, if not more, is necessary to cover 15 years in retirement with Social Security benefits,' GoBankingRates shared. GoBankingRates found that Rio Verde in Arizona is the No. 1 most densely populated with retirees location, with 86.6 percent of its population in the 65+ demographic. It was also one of the more affordable destinations in both the hot-spot states. GoBankingRates found that 'a single person retiring in Rio Verde needs $896,947 to afford 15 years [of retirement] while a couple would need $726,239. Both these amounts include Social Security,' earning it the No. 7 spot. Methodology To determine which towns and cities in these two states offer the highest concentration of retirees and the savings needed in these top retirement spots, the team sourced key information from the US Census's 2023 5-year American Community Survey. It whittled down the list to cities with at least a 1,000-person population, and at least 30% of that population had to be 65 or over. It then sourced the cost of living via Sperling's BestPlaces and included the grocery, healthcare, housing, utilities, transportation, and miscellaneous cost-of-living indexes to give a complete picture. Lastly, it found the national average expenditure costs for households with residents aged 65 and over via the Bureau of Labor Statistics Consumer Expenditure Survey and factored in the average Social Security income for one person and a married couple to calculate the annual cost of retirement. (The findings also assume a person retires at 65 and lives to age 80, giving a 15-year retirement window.) In fact, all of Arizona won out on the affordability front. Carefree, Arizona (No. 45 on the list) is the only destination in Arizona where a 15-year retirement costs more than $1 million. (The cost for one is $1,416,504 while two need $1,245,795.) The No. 1 most affordable spot went to Quartzsite, Arizona, where you will need just $15,338 (annual cost of living for a single person with social security) to retire. On the flipside, GoBankingRates found that retirees—both singles and couples—will need at least $1 million in savings in eight Floridian cities, including Indian River Shores (No. 8), Longboat Key (No. 11), Highland Beach (No. 15), Palm Beach (No.16), Marco Island (No. 22), Holmes Beach (No. 23), Siesta Key (No. 36) and Ocean Ridge (No. 43). Both Sanibel (No. 21) and Hillsboro Beach (No. 29) in Florida require solo retirees to have a savings of at least $1.1 million or more. As for the most expensive spot, that went to Palm Beach, Florida, where you need at least $11,637,136 if you're solo and $11,466,427 if you're a couple for a 15-year retirement. See the full report at
