Latest news with #coincollecting
The Sun
3 days ago
- Business
- The Sun
Most valuable coins you can find in your change revealed – do you have one in your wallet?
RARE coins you might be carrying in your wallet could fetch prices of more than £1,000. If you have stashes of loose change lying around, it's worth checking to see if any of these rare finds are lurking in your collection. 3 3 One of the most sought-after coins wanted by collectors is the Kew Gardens 50p. Just 210,000 coins of this 2009 design were released into circulation - and almost all are in private hands according to The Royal Mint. But the lucky holders of these coins, which feature the Chinese Pagoda at Kew, could sell them for as much as £150 each. Another rare coin that could fetch £1,000 or more came into existence through a famous error on its wording. Dating the 1983, these 2p coins read "new pence" instead of "two pence" on its tails side. TikTok account coincollectingwizard says these decades old 2ps are "a very hard coin to find". The account advises collectors and coin enthusiasts to check their Royal Mint sets - or "even luckier" find one in their change - if they hope to source one. While the 1983 date on the coin is a sign to look out for, the key unique feature is that "new pence" writing on the reverse side. The rarest and most valuable 50p coins in circulation In addition, the ornate 2002-dated Commonwealth Games coins can also fetch a decent price. There are separate designs for each of the four countries of the United Kingdom - with the Northern Ireland coin being the rarest. The rarest version can go for around £35. The reverse of these coins shows a triumphant looking figure raising a banner over their head. It was minted to mark the Commonwealth Games hosted in Manchester in 2002. Among coins in circulation, 50p pieces are one of the most popular to collect. This is largely thanks their surface area, which gives them enough space to include new intricate designs. Errors that make a coin unique are likely to increase its value. The rarer the coin, the more sought after and valuable it will be to collectors.
Daily Mail
28-05-2025
- Business
- Daily Mail
Collectors set to rake in fortune from rare pennies after Trump ceased production
Grab your piggy banks, you may just have a rare penny that could rank you in thousands! The Donald Trump Administration has ordered the Treasury Department to stop the production of pennies. The agency will stop putting new pennies into circulation by early next year and businesses will have to start rounding up or down, the Treasury said. It costs the Treasury roughly four cents to make a penny, meaning it cost more than the coin is actually worth. The halt on production is expected to save the US $56million a year, the Wall Street Journal reported. It also means penny collectors could make a pretty penny - get it? - off some rare coins. For those in possession of a 1943-D Lincoln Bronze Wheat Penny, it could garner up to $2.3million in mint condition, according to Newsweek. The coin is particularly rare as the currency is made of 95 percent copper that year. The same coin in less ideal conditions could still garner $100,000, the outlet reported. The coin is disguisable by the small D, which shows it was made at the Denver Mint, under the 1943 in the right-hand corner. One sold for $840,000 in 2021, according to the Professional Coin Grading Service (PCGS). Another rare coin that brings a nice payday is the 1944-S Steel Wheat Penny, which is estimated to be worth $1.1million, Newsweek reported. The S stands for San Francisco, where the coin was produced, but don't spend too long searching for it, as only two copies are known to still exist, according to Newsweek. The coin has a silvery look as it is zinc-coated steel. One sold for $408,000 in 2001, according to PCGS. Another coin worth looking in the couch cushions for is the 1793 Strawberry Leaf Cent. The coin is made out of copper and features a woman with long tresses on the front and two wheat stalks on the back. It was made at the Philadelphia Mint. Another coin worth looking in the couch cushions for is the 1793 Strawberry Leaf Cent. The coin is made out of copper and features a woman with long tresses on the front and two wheat stalks on the back. It was made at the Philadelphia Mint The coin sold for a record $862,500 at an auction in January 2009, according to PCGS. Most pennies will be worth their value of one cent or a little more than that. 'Outside of a few variations that are in low will be worth just a tad more than their original value,' Alex Beene, a University of Tennessee financial literacy instructor, told Newsweek. However, the few rare ones are worth the search. 'While most wheat pennies are pocket change, the rare ones can buy you a house,' Finance Expert, Michael Ryan, told the outlet. Trump stopped the production to stop due to the cost of making it being higher than the value. 'For far too long the United States has minted pennies which literally cost us more than 2 cents,' he wrote on Truth Social in February. 'This is so wasteful! I have instructed my Secretary of the US Treasury to stop producing new pennies. According to a 2024 report from the US Mint, it cost 3.69 cents to produce a penny, a process that lost the Treasury $179million in 2023 'Let's rip the waste out of our great nation's budget, even if it's a penny at a time.' The US produces new pennies designed for circulation at its mints located in Denver and Philadelphia. According to a 2024 report from the US Mint, it cost 3.69 cents to produce a penny, a process that lost the Treasury $179million in 2023. A nickel meanwhile cost around 13.78 cents to manufacture last year. The increased production cost is partly due to the price of raw materials. The US Mint said it was the 19th year in a row production costs had been above face value.
The Sun
27-05-2025
- Business
- The Sun
Minor detail to spot on ultra-rare 1p coin worth £130,000 at auction – do you have one behind your sofa?
A RARE penny could be the key to a fortune, if you're lucky enough to have one in your possession. The 1933 coin is one of the 10 rarest coins in the UK and is worth a whopping £130,000. 4 4 One avid coin collector shared his knowledge about the rare penny, including that there is only seven known to be in existence. The Coin Collecting Wizard on TikTok gave people an insight into what makes this penny so valuable. "This is the 1933 pre-decimal penny from the United Kingdom, so make sure you check your grandad's old coin collection and keep an eye out for this date," he said in a new TikTok, referring to the year 1933. "Do you have this coin from 1933. If so, you are rich?" He said that while "there are other dates to look out for too," of rare coins, none are "going to have the crazy value of the 1933 penny," and the reason for that is because there are only seven are known to exist. The reason there were so few is because this penny was not intended for general circulation. Instead, it was struck for ceremonial purposes, such as being placed under the foundation stones of important buildings. "So, if you find one, you are extremely lucky, but that doesn't necessarily mean there are no other dates to look for because there is," the Coin Collecting Wizard continued. Coin Collecting Wizard often posts about interesting coin facts on TikTok and in one video ran through the most valuable pennies. Speaking in the video, he urged viewers to "stop what you're doing and listen". He said: "Did you know there are old pennies worth thousands of pounds?" In some cases, the extremely rare 1p pieces have sold for a whopping £200,000. Bear in mind though, that you might not always get such a hefty amount for a rare coin. The design of the coin, its condition and whether or not the coin is in circulation also affects how much it could be worth. How to spot valuable items COMMENTS by Consumer Editor, Alice Grahns: It's easy to check if items in your attic are valuable. As a first step, go on eBay to check what other similar pieces, if not the same, have sold for recently. Simply search for your item, filter by 'sold listings' and toggle by the highest value. This will give you an idea of how much others are willing to pay for it. The method can be used for everything ranging from rare coins and notes to stamps, old toys, books and vinyl records - just to mention a few examples. For coins, online tools from change experts like Coin Hunter are also helpful to see how much it could be worth. Plus, you can refer to Change Checker's latest scarcity index update to see which coins are topping the charts. For especially valuable items, you may want to enlist the help of experts or auction houses. Do your research first though and be aware of any fees for evaluating your stuff. As a rule of thumb, rarity and condition are key factors in determining the value of any item. You're never guaranteed to make a mint, however. You can easily figure out how rare a coin is, by checking its mintage figures. This relates to how many coins were produced by The Royal Mint. If a coin has a low mintage, it means there's less in circulation and is therefore rarer and it could potentially be worth more than its face value. Either way, you'll want to keep an eye out for some in particular which can sell for big numbers. Plus sometimes specific details can determine how much the penny will sell for - such as if it has an error.
Yahoo
23-05-2025
- Business
- Yahoo
Rare Aussie coin worth nearly 40 times more: 'Hold onto them'
Aussies are being urged to 'hold onto' these interesting looking 50 cent coins if they come across them in their change. In 1991, the Royal Australian Mint released the Ram's Head 50 cent coin and it is now worth much more than its face value. Victorian coin expert Michel McCauley said the coins had recently sold for between $4 to $19, making them worth nearly 40 times more than their 50 cent face value. The coins feature an image of a ram on one side and Queen Elizabeth on the other. 'It commemorates 25 years since Australia changed from pre-decimal currency over to decimal currency, like pounds and shillings over to cents and dollars,' McCauley said in a TikTok video. 'It's called a Ram's Head and the reason they've got that on there is because that design, or very similar to that, was on the shilling coins of Australia prior to 1966.' RELATED Rare $2 coin worth $300 due to key difference: 'Still out there' Major bank warning after ANZ customer left 'dumfounded' by cash issue Inheritance warning as 'disgruntled' Aussies left out of wills in growing trend: 'Inevitable' The Mint released 4.7 million of the coins, which makes them scarce for a circulating coin. 'They were produced to put out there into circulation so people can use them for buying and selling, so you can come across them on the odd occasion,' McCauley said. 'They are a really cool design, and people like to hold onto them when they see them. 'And I like to hold onto them when I find them, too.' There have been a few coins made to commemorate Australia's transition to decimal currency. Another popular one is the 2016 $1 Changeover Coin, which honours the 50th anniversary of the changeover to decimal currency. The coin features the Australian Florin design on one side, which was minted from 1910 to 1966, while the other side has the standard Mob of Roos design. The coins are now worth between $20 and $50. Australia switched from pre-decimal to decimal currency on February 14, 1966. This is known as Changeover Day or 'C Day'. According to the National Museum of Australia, the decision was a "pragmatic, economic one'. Australia created its own currency, the Australian pound, in 1910. Like its British counterpart, the Australian pound was divided into 20 shillings of 12 pence each, making financial transactions 'unnecessarily difficult'. Research found that decimalisation would save the Australian economy more than £11 million a year, which would quickly offset the £30 million cost of while retrieving data Sign in to access your portfolio Error while retrieving data
Associated Press
21-05-2025
- Business
- Associated Press
Global Coin Unveils Historic 2025 (P) Silver Eagle Featuring First-Ever 'Eagle Privy' Mark
Fitchburg, Wisconsin, United States, May 21, 2025 -- Global Coin, a leader in modern numismatics and premier source for rare and exclusive coinage, proudly announces the release of the groundbreaking 2025 (P) Silver Eagle 'EAGLE PRIVY.' This first-of-its-kind Silver Eagle features a laser-engraved eagle privy mark—a powerful tribute to the series' legacy and a bold leap forward in U.S. Mint history. Struck at the Philadelphia Mint and certified in perfect NGC MS70 condition, the 2025 Eagle Privy represents a monumental evolution in the American Silver Eagle program. The United States Mint has authorized a limited mintage of just 500,000 coins, making it one of the most exclusive Silver Eagles in recent memory. Adding to its desirability, only 50,000 coins received the elite 'One of First 50,000 Issued' designation. Of those, Global Coin has secured an ultra-limited allocation of only 50 coins bearing the Advanced Release designation, certified in NGC's highest grade, and presented in Global Coin Series holders—further authenticated by the hand signature of Anna Cabral, 42nd Treasurer of the United States. 'This release marks a new chapter in the Silver Eagle's journey,' said a spokesperson for Global Coin. 'The eagle privy is not only a design innovation—it's a statement of where numismatics is heading. This coin is more than silver. It's a modern American artifact.' The eagle privy—engraved directly onto the master die using cutting-edge laser technology—sets a new standard in detail and precision, offering collectors a striking emblem of strength and national pride. This release continues the prestigious lineage of V75 and Star privy issues, placing the 2025 Eagle Privy squarely in the conversation as a future key date for modern collectors and serious investors alike. About the company: Global Coin is your trusted destination for rare and valuable coins, combining quality, authenticity, and unparalleled customer service. With a global selection and expert advisors available online or by phone, we guide novice and seasoned collectors to make confident, informed decisions. Visit today. Contact Info: Name: Stephen Pfeil Email: Send Email Organization: Global Coin, LLC Phone: 1-844-595-9599 Website: Release ID: 89158415 If there are any problems, discrepancies, or queries related to the content presented in this press release, we kindly ask that you notify us immediately at [email protected] (it is important to note that this email is the authorized channel for such matters, sending multiple emails to multiple addresses does not necessarily help expedite your request). Our responsive team will be available round-the-clock to address your concerns within 8 hours and take necessary actions to rectify any identified issues or support you with press release takedowns. Ensuring accurate and trustworthy information is our unwavering commitment.
