I’m a coin expert – these are the most valuable Lincoln pennies worth up to $20,000 you could have in your wallet

0

Coin collecting was once a hobby for Stephanie Sabin – now she is living her dream piloting the ship for a major grading services company.

Ms. Sabin, who is the president of Professional Coin Grading Services (PCGS), has been collecting since childhood thanks to her family’s numismatic background.

2

Ms. Sabin has been President of PCGS since October
A PCGS 35th Anniversary coin is the most valuable coin Stephanie owns

2

A PCGS 35th Anniversary coin is the most valuable coin Stephanie owns

Prior to working at PCGS in 2006, she worked as a Shakespeare actress.

It was “a big part of what propelled my initial interest in coins out of my family’s numismatic history,” Ms Sabin told The Sun.

She joined PCGS some 15 years ago and took over as the company’s permanent president last October.

Currently, she lives with her husband in Irvine, California.

A rare Lincoln penny minted in 2021 sells for $274 - is there one in your pocket?
The rare Jefferson nickel sells for $150 online - is there one in your coin jar?

Ms Sabin revealed which pieces you might have at home that could be worth a mint.

What are valuable coins?

The most valuable coin in Mrs. Sabin’s collection is not the typical popular Lincoln coin you’re used to seeing, including the 1955 double-die obverse and 1909-S VDB cents.

This is actually the PCGS 35th Anniversary Commemorative Coin, which was minted in 2021.

“The team and I were able to work with popular mint designers Ron Sanders and Justin Kunz and work hand-in-hand with a private mint to bring the concept to fruition,” Ms. Sabin said.

She added, “It was an amazing opportunity to see firsthand everything that goes into creating a piece and bringing the final product to market.”

The obverse of the coin features an image of Lady Liberty with shield and shield.

This was designed to represent strength, security and integrity, according to PCGS.

It is important to note that these coins were not put into circulation, which means that they were not intended for everyday use.

Rather, they are collectibles, which may be harder to find.

But there are other valuable coins in circulation other than the obvious 1955 and 1909-S VBD double die coins that you may not have heard of.

Ms. Sabin also noted that early dates don’t always signal that a piece is rare.

Rare coins

You may be holding something valuable in your wallet. Check out these articles on rare coins to see if you might have some hidden treasure deep in your pockets.

For example, you’ll want to search for two hundred Lincolns with errors, according to the president.

This is the 1992 Close AM coin and another double die feature on the 1969-S penny.

A double die error has duplicate letters, words, or numbers.

Particularly on the 1969-S penny (assuming it has this error), you should see double the words “Liberty”, In God We Trust” and the date “1969”.

The near AM refers to the first two letters of “America” ​​at the top right of the reverse.

The letter AM will be very close and will almost touch the error piece.

“The 1969-S doubled Lincoln cent is worth between $15,000 and $20,000 in circulation,” Ms. Sabin said.

On the other hand, Ms. Sabin said that nearby AM cents with a letter mark D (Denver) and those without a letter mark, meaning it was minted in Philadelphia, sell for around $1,500 in ” worn condition”.

Steps to Take When Selling Your Precious Coins

Now here comes everyone’s favorite question: “I have a valuable coin, so how do I go about selling it?”

Well, Ms. Sabin has an answer.

The first thing you want to do is find out about your coins before you sell them.

In particular, you’ll want to research the coins and find out why or why they might not have value.

Often, grade and condition aside, coins can be worth a lot thanks to their low mintage.

There is also the case of errors, as noted above.

One way to learn about valuable coins is to use PCGS’s online encyclopedia CoinFacts.

There you can click on specific coins, including Lincoln and Jefferson nickels, which will detail some of the most valuable coins in the particular series.

The tool will also show you some current auctions.

Once you know them, you can assess their value yourself.

You can do this by looking at the latest eBay auctions.

You’ll want to search for the full name, select the “sold” listing, and then switch the search to “highest value”.

Should you certify your parts?

For those looking to sell, certifying your parts is a good way to build confidence when looking for a buyer.

This could help drive demand and help you get more for your coin.

However, it doesn’t always make sense to certify a coin, according to Sabin.

“The general rule is that if a coin is worth less than the cost of certification, it may not make financial sense to certify it,” she said.

That said, like most other rules, there are always exceptions.

One of them is if you are trying to protect a piece from damage or mishandling for any reason.

Another concerns the competition between numismatics.

“Many build coin sets that belong to our online PCGS Set Registry, which allows collectors to compete against others and show off their collections in a fun public environment,” Ms. Sabin said.

The other is more of a special instance known as discovery, which may include a new variety or an error.

“If this is the first verified example of their type to be found, they can potentially be submitted to us and tagged as ‘discovery’ pieces or attributed to the name of the person who located them,” Ms Sabin said.

She added: “This can often increase their value many times more than a generic ‘raw’ or uncertified specimen can fetch and help legitimize the significance of the find in the eyes of others in the hobby.”

A mother
Ex peril!  contestant reveals Alex Trebek's advice that

When it comes to coin explainers, we reveal everything you need to know about the Washington neighborhood.

Plus, discover the most valuable coins depicting US presidents.

We pay for your stories!

Do you have a story for The US Sun team?

Share.

Comments are closed.