Circulation $72 million coins that are still in circulation : Have you ever thought that one of the loose change in your pocket could be worth crores? It may sound filmy, but it is a reality. Some very rare coins are still in general circulation around the world, which can be found with the help of correct identification and information. The total value of these coins has been estimated to be up to $72 million (about ₹ 600 crores).
In this article, we will tell you about those rare coins that may still be hidden in people’s pockets. Along with this, you will know how to identify them, how to keep them safe and if you decide to sell them, then where and how it would be better to sell them.
What makes a coin ‘rare and priceless’?
- The price of rare coins depends on their rarity, historical importance, minting errors (accidentally made features) and condition. Let us understand these reasons in detail:
- Rarity
Coins that have a very low minting number are naturally very attractive to collectors. For example – 1913 Liberty Head Nickel, of which only 5 copies are available. - Historical Significance
Coins that are associated with a particular historical event, such as a war, freedom struggle, or a national achievement, their value increases. - Minting Error
Sometimes due to a machine error during minting, a special mark or design is formed in the coin, which makes it different from other coins. - Condition
If a coin is found without scratches, rust or wear, it is given Uncirculated or MS65+ grade and its price can increase manifold.
5 Rare Coins That Are Still In Circulation
1. 1913 Liberty Head Nickel
- Price: $4 million+ (each)
- Features: Only 5 copies of this coin were minted and that too unofficially.
- How to identify: Liberty’s profile is on the front and ‘V’ (Roman number 5) is on the back. The year should be 1913.
2. 2008 Undated 20p Coin (UK)
- Price: Up to $150
- Features: This coin was mistakenly not printed with a date. It is called a “mule”
- How to identify: There is no date on either side.
3. 1976 Bicentennial Double-Strike Quarter (USA)
- Price: Up to $6,000
- Features: Coin issued on the 200th anniversary of America, some copies of which were struck twice.
- How to identify: Double printing is clearly visible on the image of the soldier playing the drum.
4. 1943 Copper Penny
- Price: Up to $1.7 million
- Feature: In 1943, the US made coins of steel instead of copper, but some coins were also made in copper by mistake.
- How to identify: If your 1943 coin does not stick to the magnet, it may be copper, not steel.
5. 2004 Wisconsin Extra Leaf Quarter
- Price: Up to $7,000
- Feature: In this coin, an extra leaf was mistakenly printed in the corn leaf.
- How to identify: An extra leaf is visible on the corn leaf on the back.
Do you have a rare coin? How to identify
- Examine each coin carefully – take the help of good light or a magnifying glass.
- Identify special years – like 1913, 1943, 2004 etc.
- Look for the mint mark – Some coins have “D”, “S”, “CC” etc. marked on them which tells their mint location.
- Check the metal – If you suspect that the coin is made of copper instead of steel, then do a magnet test or get it weighed.
- Get professional grading done – Recognized institutions like PCGS or NGC check the coins and give certificates.
How to keep coins safe?
- Keep in a plastic case or capsule – to protect them from scratches.
- Do not clean – The coating of old coins shows their historicity.
- Keep in a dry and cool place – Moisture can damage the coin.
What if you decide to sell it?
- Auction house – Serious collectors are found on platforms like Heritage Auctions.
- Local dealers – Meet an experienced and reputed dealer.
- E-commerce websites – Sellers on eBay can sell coins with certificates.
Conclusion:
Not every old coin is priceless, but some coins have been worth crores of rupees because of their rarity and historical features. If you use a little caution and knowledge, the next time you find loose change in your pocket, you may find a coin worth crores.
So check your coins today—you may be the next lucky collector whose fortunes change when a simple coin is found in his pocket!
FAQs
Q.1 Are there really coins in circulation worth millions of dollars?
A. Yes, some rare coins—due to minting errors, limited mintage, or historical significance—have sold for hundreds of thousands to even millions of dollars at auctions, and a few are still believed to be in circulation.
Q.2 Do old coins automatically have high value?
A. No. Age alone doesn’t determine value. A coin’s worth is based on rarity, demand, condition, and historical significance. Some modern coins with minting errors are more valuable than common old coins.
Q.3 Should I clean my coins before getting them appraised?
A. Absolutely not. Cleaning coins can damage their surface and significantly reduce their value. Always leave rare coins in their original condition.
Q.4 Are there coins in my everyday pocket change that might be valuable?
A. Yes. It’s rare but possible. Keep an eye out for unusual designs, minting errors, or uncommon dates. Many valuable coins have been found in circulation purely by chance.
Q.5 Is coin collecting (numismatics) profitable?
A. It can be. While not all coins are valuable, learning the basics and staying informed can lead to profitable discoveries, especially with patience and knowledge.