Great treasures can still be found in your wallet or purse as there are still bills and coins in circulation and other collectibles worth millions of dollars on the auction market.
You don’t necessarily have to be an expert to know which currencies are quoted for thousands of dollars. It is enough to keep in mind three main characteristics: rarity, condition, and demand in the market.
Small details in the printing and minting of coins can make them worth much more than their original denomination. That’s why we provide you with a list of the 10 American coins that could make you a millionaire if you have them in your wallet.
One such coin is the 1972 Double Die Obverse Lincoln Memorial. During the minting of this coin, the date “1972” and the letters “Liberty” were doubled, making this small detail on approximately 20,000 coins of a cent currently quoted on the market for more than $325 dollars.
Another valuable coin is the 1955 Lincoln Penny Double Die. Both the date “1955” and the phrase “In God We Trust” were also doubled on this coin. It is believed that there were about 20,000 of these cents, but that only half of them exist. In 2021, one was sold for $1,850.
The 1927-D Saint-Gaudens double eagle is another rare and valuable coin. In 2021, one of these coins sold for $3 million dollars. What makes it so valuable is that it is one of the rarest in existence and is named after the designer Augustus Saint-Gaudens.
The 1913 Liberty Head Nickel is believed to be one of only five coins of its type in existence. One of them was auctioned in 2018 for almost $4 million dollars. Designed by Charles E. Barber, the rare versions do not have the word “cents” since United States Mint officials did not add it.
In 2012, one of the 1943-S Lincoln Wheat Peniques sold for $1 million dollars. Its value is typical of the history behind the minting process, as these coins were accidentally produced with metal discs between 1942 and 1943.
Other valuable coins include the Dollar Sacagawea Cheerios and the Flowing Hair Dollar, both selling for thousands of dollars in recent auctions. The Morgan silver dollar also has a high value, reaching up to $1,805, depending on its condition.
Overall, keeping an eye out for rare and valuable coins in your wallet or purse could lead to a major financial windfall.