Without knowing it, at home or in your pocket, you could be carrying a fortune, because there are coins that far exceed the value for which they would normally be exchanged in the market. For example, a penny dollar It can be worth an incredible amount of US$175,000 if it has a couple of details.
In recent years, the numismatics that is, the collection of coins and other objects such as banknotes and medals, which due to their rarity can be worth a lot of money, and in USA the 1944 cents are especially appreciated.
The TikTok account @bullionshark belongs to a content creator specialized in coins ancients, who shared the availability of a dollar cent on an online sales page. There it is displayed at a price of US$175,000 and he explained the reasons behind its high value.
According to the tiktoker, the penny available has two elements that make it particularly special. The first one is dated 1944 and the second one was made of copper. The reason for the latter is that the currency It is made of a material with which the cents since 1943. Those who believe they have this type of coins In your hands it is worth having an appraisal carried out by an expert.
These are the pennies on the dollar that are worth a fortune
Last year, a man identified as Don Lutes Jr. sold a dollar cent for US$204,000 at an auction held by Heritage Auctions. It was about a bronze penny 1943 Lincoln, currency which belonged to him from 1947 to 2018, but before he died he decided to give it to the auction house and then allocate the proceeds to the Berkshire Athenaeum public library, in Pittsfield, Massachusetts, place. in which he was born and raised.
Faced with these types of stories, thousands of Americans they have started searching cents which have an impressive value. The reality is that everything depends on the quality of the currency and its rarity. One of the elements that make the 1944 cents is that, according to the media CNBC , the mint stopped using bronze in the cents to preserve the material for armed struggle and began to make them with steel plates. . covered with zinc, but still circular in some bronze.
Of course, the possibility of finding one of those coins is almost zero. In fact, so far, only about 20 have been located. Lincoln bronze pennies The most expensive sold for US$1,007,000 in 2010. Although there are also other versions that have reached great value, such as the penny birch from 1792, which sold at auction in 2015 for almost US$2,006,000.
The bad news is that due to this, several fake replicas have been created and are already circulating on the collectors’ market. The best way not to fall for a scam is to simply place the currency next to a magnet, if it sticks it is fake.
Other elements that make them strange cents is that they do not indicate where they were minted, there are also some that have a duplication error where it says one cent.
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