I’m a coin expert – three specs on a Roosevelt penny to make it worth at least $456,000

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A ROOSEVELT penny has already sold for $456,000 due to three major factors, a coin enthusiast revealed on TikTok.

The 1975 Roosevelt dimes are among the most valuable and rare coins in the world.

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Eric Miller is known as “thecoinchannel” on TikTok

They were all made at the Mint’s Philadelphia and San Francisco facilities for circulation and were deliberately made without a mintmark, according to Coin World.

This particular penny is valuable based on three factors, which coin expert Eric Miller explained in a TikTok.

In the video, he shared that to get this award, the coin must have the following three factors:

  • dates from 1975
  • No mint mark
  • Evidence
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All of these factors work together, making the coin prized by most collectors.

The coin expert said no matter what, the date must be 1975.

Indeed, that year many of the dimes minted remained unminted.

Normally there would be an “S” mint mark on the penny as it was minted in San Francisco.

This error only adds to its value.

Finally, evidence is really what makes it rare.

Proof coins are a special process that gives mirrored fields and frosted devices, or what the expert calls reflection.

It is important to note that a proof coin has never entered public circulation, which means it will not appear in your spare change.

The particular piece of evidence from 1975 sold for the high price in 2019 at an auction by Heritage Auctions.

History of Roosevelt Dimes

The value of these dimes was first discovered by a woman who, by chance, purchased a bulk order of five sets of 1975-S proofs from the United States Mint.

When she looked at the coins, she realized that two sets of dimes were missing a mint mark.

In July 1977, she sent one of the coins to Coin World for examination and to the American Numismatic Association’s certification service to find that they were extremely valuable, according to Coin Week.

After realizing that people would pay a lot of money for the coins, collectors all over the country started looking for the error penny and selling them for thousands.

How to check the value of your coin

Be sure to check your spare change for any rare pennies, nickels, dimes and the like, as many of these coins could sell for thousands.

Generally, the most valuable coins are those with a low mintage or error, as this makes them rare.

eBay is a great website to check if your parts are worth anything.

Just search for the full name of the coin, select the “sold” listing, then switch the search to “highest value”.

If your coins are rare and valuable, you can sell them on eBay or go through a specialized site like Coinappraiser or USA Coin Book.

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A coin expert has revealed the exact years to look for to find valuable coins worth $2,000 and how to protect yourself from counterfeits.

Additionally, a coin collector has shared the exact three brands to look for to find a “double-sided” Lincoln cent worth $650.

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