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A rare dime sells for $5,555 online – have a $1,000 coin in your pocket change?

A RARE 1796 Draped Bust dime recently sold online for over $5,500.

Although the coin has no identifier, it was minted in Philadelphia, where only 22,135 were made – a likely reason why the dime is so valuable.

The rare cent features Lady Liberty on the front

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The rare cent features Lady Liberty on the front
The obverse shows the Little Eagle with the United States of America

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The obverse shows the Little Eagle with the United States of America

The obverse depicts Lady Liberty with stars on either side, while the small eagle is on the reverse.

This combination of draped bust and small eagle was only used from 1796 to 1797, according to Stack’s and Bowers auctioneers.

The design type changed a year later, in 1798, to an inverted style with a draped bust and heraldic eagle.

The coin was designed by the American engraver Robert Scot, who served as chief engraver at the United States Mint from 1793 to 1823.

Rare cents sell for $2,500 - what your coins must show
The most valuable unminted coins in circulation, valued at up to $305,000

According to the USA Coin Book, these 1796 Draped Bust Dimes are typically worth $3,834 when found in average condition.

If uncirculated and in mint condition, they can sell for between $28,647 and $45,550.

Bids for this particular coin started at just under a dollar but only increased from there.

It jumped from $25 to $50 and then kept climbing – sometimes by the thousands.

After 38 bids, the cent was sold to one lucky winner for an impressive $5,555.

How to recognize rare coins

Make sure you check your loose change for rare pennies, nickels, dimes and others as many of these coins could sell for thousands.

Typically, the most valuable coins are those with a low mintage or fault, as collectors find these coins to be among the rarest.

With Draped Bust Dimes, the date is definitely the value as this determines the series the coin is from.

Furthermore, coin experts will pay top dollar if they are also minted well.

A great site to check if your coins are worth anything is eBay.

All you have to do is search for the full coin name, select the “sold” list, and then toggle the search to “highest value”.

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

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The Sun unveils a rare antique silver dollar that recently sold online for $562.

Also, this extremely rare nickel is selling for $4,825 – the date could mean you have a coin worth thousands.

https://www.the-sun.com/money/5658213/rare-dime-sells-online/ A rare dime sells for $5,555 online – have a $1,000 coin in your pocket change?

CELINE CASTRONUOVO

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