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Rare coins price news – New England coin worth $350,000 found in candy tin

A ONE shilling coin, one of the first minted in Colonial New England, sold at auction for more than $350,000 after being discovered in a candy tin.

The coin was made in Boston in 1652 and is considered the finest example of just a few dozen such coins known to still exist.

It was sold to an anonymous online bidder from the U.S., London-based Morton & Eden Ltd. said in a statement.

Rare coins worth far more money than their original denomination could be hiding in your home, so be on the lookout for rare quarters, dimes, pennies, dollars, and half-dollars.

For example, a set of Lincoln coins has sold for $2,449 after sparking a bidding war.

The coins racked up 95 bids on eBay before they sold on October 31.

The eBay seller wrote: “This is a chance to pull all the major key dates in one lot.

“I have never cleaned any of these coins and have had many of them in my collection for years.”

Many coins such as the 1872 CC dollar coin are valuable thanks to their rarity.

“Its rarity was recognized by the 1890s, and many specimens were taken from circulation,” David Bowers wrote in a description of the coin.

“Today, the number surviving is in the range of perhaps 150 to 200, including lower grades in the Good, VG, and Fine ranges.”

According to USA Coin Book, the 1872 coin could be worth as much as $106,895 in “uncirculated MS-63 condition.”

One recently sold on eBay for $2,615 after picking up 36 bids.

The 1893 Morgan silver dollar coin has been said to be the rarest Morgan dollar coin in higher grades.

For instance, the value could be worth as much as $646,398 or more, according to USA Coin Book.

Some of these rare coins that are quite valuable were minted in the early 1800s, with others in the early 1900s. Depending on the rarity and condition, some coins can be worth in the thousands, while others might be worth hundreds.

Read our rare coin blog below for the latest news…

  • RARE LINCOLN PENNIES: WHY ARE THEY WORTH SO MUCH?

    Lincoln’s emergence on the obverse side of the one-cent coin occurred in 1909, on what would have been his 100th birthday.

    Since then, plenty of versions have been released into circulation.

    The most valuable coins are usually those with a low mintage or an error.

  • WHICH US PRESIDENT IS ON THE NICKEL?, CONTINUED

    The shield was replaced by the Liberty Head nickel, followed by the Buffalo nickel in 1913, as part of a drive to increase the beauty of American coinage.

    It wasn’t until 1938 that President Thomas Jefferson officially graced the nickel.

  • WHICH US PRESIDENT IS ON THE NICKEL?

    The US nickel was introduced in 1866.

    The first design on the five-cent coin was the Shield nickel, which was struck from 1866 until 1883.

  • HISTORY OF THE MORGAN DOLLAR (CONTINUED)

    The 1889 CC coin, included in the collection above, is among the rarest of Morgan Dollar coins, according to Austin Rare Coins.

    With an original mintage of around 350,000, it’s estimated that only 9,000 or so remain.

    On the whole, this entire set is especially sought-after as they were minted in Carson City, Nevada.

  • HISTORY OF THE MORGAN DOLLAR

    As the Morgan Dollar was only minted from 1878 to 1904, these coins have become especially popular to collect.

    The coins are named after George T. Morgan, assistant engraver for the US Mint.

    The coin carries the image of a bald eagle with wings outstretched on one side.

    The other side shows a left-facing Liberty wearing what is known as a Phrygian cap.

    The Morgan Dollar was minted again in 1921, with these coins selling today for upwards of $100 in some cases, and also in 2021 as a non-circulating coin.

  • WHY DOES PRESIDENT LINCOLN FACE RIGHT ON THE PENNY?

    It is believed that Lincoln faces right because the sculptor Victor David Brenner based the design of the penny off of a portrait of the president in which he was facing right.

  • WHICH COINS WERE SOLD IN THE SET: LINCOLN 1909 VDB COIN

    The eBay seller also included another 1909 VDB coin that doesn’t have a mint mark.

    In comparison, the other coin had an “S”, which stands for its San Francisco mint location.

    The eBay seller noted that the second coin is “either an AU to mint state… or could be a proof”.

  • WHICH COINS WERE SOLD IN THE SET: LINCOLN 1909-S VDB COIN

    First and foremost, the 1909-S VDB coin included in the set was said to be in “terrific shape”.

    The 1909-S VDB coin ranks as one of the most popular and widely known of all the Lincoln cents, according to Professional Coin Grading Service.

    The coin is especially well-known and rare because the designer – Victor David Brenner – added his initials when he created the new version.

    However, some took an issue with the initials and the letters were then removed from the coin, meaning there are only 484,000 pieces available.

    A version of the coin sold for $1,500 at the end of September, while another racked up a $1,153 price tag in August.

  • KEY SET OF RARE LINCOLN COINS SELLS FOR $2,449 AFTER GETTING 95 BIDS

    A key set of Lincoln coins has sold for $2,449 after sparking a bidding war – and you could have the same type of pennies in your spare change.

    The 16th US president Abraham Lincoln has featured on the penny since 1909, which is when three of the four coins in the set were minted.

    In fact, all of them are circulated wheat pennies.

    These were minted until 1958 and then replaced by the Lincoln memorial cent the following year.

    We’ve rounded up all of the coins below, which racked up 95 bids on eBay before they sold for $2,449,24.

  • SHIPWRECK COIN FROM 1859 SELLS FOR OVER $290

    50 cent error coin recovered from a shipwreck recently sold for $292 online.

    The circulated half-dollar coin came from the SS Republic, which was a ship that sunk off the coast of Georgia in 1865.

    The ship, which contained thousands of Seated Liberty half dollars, was on the way to New Orleans when it was hit by a hurricane.

    Because the coins were stacked in barrels, the silver coins weren’t corroded by saltwater like other silver pieces.

    It means the details still remain on the coins, according to Rarecoins.com.

    The listing noted that the piece is an error coin with “9 in the border”.

  • RAREST COINS EVER MADE, PART THREE

    • 2007 $1 Million Canadian Gold Maple Leaf – This 200lb coin is one of only six pure gold coins ever made. Queen Elizabeth is engraved on one side with the Canadian maple leaf on the other. The coin about 20inches wide and an inch thick, and was sold in 2010 for $4million.
    • 1913 Liberty Head V Nickel – This nickel was only made for 40 years, from 1883 to 1913 and according to Bank Rate, only five coins were reported to have been made in the final year. This coin was reportedly last sold in 2018 for about $4million.
    • Morgan Silver Dollars – The vast majority of these coins are not especially rare, valued at only $20, but depending on the vintage, these coins can run for much more. The following versions are valued at upwards of $100,000 to $550,000:
      • 1893 S Morgan
      • 1901 Morgan
      • 1889 CC Morgan
      • 1884 S Morgan
      • 1893 O Morgan
  • RAREST COINS EVER MADE, PART TWO

    • 723 Umayyad Gold Dinar – The second-most expensive coin in existence, the 723 Umayyad Gold Dinar is the first Islamic coin that mentions a location in Saudi Arabia. The last coin sold in 2019 came to $4.8million.
    • 1343 Edward III Florin – There are three of these coins known to be in existence. Two are in a museum in London, while the third was discovered in 2006 and sold for $850,000. The image on the coin is of two leopards heads on either side of King Edward III while the back shows the Royal Cross inside a quatrefoil. This coin increased in value since it was last sold and is now worth about $6.8million.
    • 1943 Lincoln Head Copper Penny – This penny’s value is measured in a mistake made 80 years ago when metals were needed for war efforts and the mint switched to steel. When the switch occurred, there was still copper metal left behind in the machine, creating what is now known as the Lincoln Head Copper Penny. A fully copper penny was sold in 2019 for $204,000.
  • RAREST COINS EVER MADE, PART ONE

    • 1974 Flowing Hair Silver Dollar – This is the most expensive coin in the world and the remaining coins in existence are about 120-130. The Flowing Hair Silver Dollar shows Lady Liberty on one side and the American eagle on the other. Only 1,800 coins were ever made and the most recent one sold for $10million in 2013.
    • 1787 Brasher Doubloon – Made in the late 18th Century, the Brasher Doubloon shows a state seal with the rising sun, while an eagle holding a shield is presented on the opposite side. This coin sells for different prices, depending on appearance, and has previously sold for $5million up to $7.4million, according to Coin World.
    • 1787 Fugio Cent – Although this coin does not bring a higher trading price, it is still considered a rare coin. The markings show it was one of the first coins made after the newly formed United States. At the bottom, the coin reads ‘mind your business,’ to literally mean take care of your business, while the reverse side says ‘we are one’ with 13 links to represent the original 13 states.
  • HOW MUCH US MONEY IS IN CIRCULATION?

    There is an estimated almost $1.7trillion in circulation.

    This includes $1.64trillion in physical notes.

  • HOW TO CHECK HOW MUCH YOUR COIN IS WORTH

    If you believe that you have a rare coin then you might be able to cash in on the value.

    The most valuable coins are usually those with a low mintage or an error, as they’re deemed the most valuable by collectors.

    To check out if your coins are worth anything on eBay, search the full name, select the “sold” listing and then toggle the search to “highest value.”

    It will give you an idea of the amount of money that the coin is going for.

  • HOW TO SELL YOUR RARE COINS

    If you’ve determined you have a valuable coin, you can choose to sell the coin on eBay or through a specialist site such as Coinappraiser or USA Coin Book.

    If you choose eBay, remember to set a minimum price that is higher or at the very least equal to the face value of the coin – or you could lose money.

    You also need to be aware that even if your coin “sells” on eBay for a high price there’s no guarantee that the buyer will pay up.

    According to eBay’s terms and conditions, bidders enter a “legally binding contract to purchase an item.”

    However, there’s no way of enforcing this rule.

  • THE NICKEL’S HISTORY: COIN HAS SEEN MANY DESIGN ITERATIONS

    The US nickel was introduced in 1866, after the United States was in crisis, and so was its currency after the events of the Civil War.

    The first design on the five-cent coin was the Shield nickel, which was struck from 1866 until 1883.

    The shield was replaced by the Liberty Head nickel, followed by the Buffalo nickel in 1913, as part of a drive to increase the beauty of American coinage.

    It wasn’t until 1938, that President Thomas Jefferson officially graced the obverse (or heads side) of the nickel.

  • $5 NOTE SELLS FOR 179 TIMES ORIGINAL VALUE

    One circulated banknote sold for $895, 179 times its original value.

    The star note on the bill is quite rare for the early 1900s.

    Each federal reserve bank in 1918 featured its own Lincoln bill.

    This bill is from the Federal Reserve Bank in Kansas City.

    Lincoln was also featured on another federal reserve bank note in 1915.

    In total, it took 43 bids to win the $5 banknote on eBay.

  • HOW MUCH CAN THE ‘DOUBLE DIE’ PENNY BE WORTH?

    “It is very hard to miss this error so it is easy to tell the difference between the real one and the 1955 “poor mans” doubled die which is nowhere near as noticeable,” USA Coin Book wrote in a description of the penny.

    It has been said that is the most famous Lincoln penny of them all – with just over 33million of these coins getting minted. 

    How much you get for the 1955 Lincoln coin could depend on grade and condition but it’s quite valuable regardless. 

    If the Lincoln cent is in average condition, it is worth $1,286, according to USA Coin Book. 

    And it could be worth up to $16,644 if it’s in “Uncirculated (MS-63).”

  • RARE ROMAN COINS FOUND IN SPAIN

    In August 2021, more than 50 coins were recovered by divers and a team of archaeologists.

    According to CNN, the coins were in good enough condition that the inscriptions were legible.

    This heped the team properly identify them and trace them back to around the end of the 4th century.

  • MOST PAPER MONEY CONTAINS TRACES OF DRUGS

    University of Massachusetts Dartmouth chemist Yuegang Zuo conducted a study in 2009, which found that 85 to 95 percent of paper money in circulation contains traces of cocaine.

    In some major cities, including Los Angeles, Miami, and Boston, 100 percent of paper bills showed traces of cocaine.

  • DO YOU HAVE A RARE BUFFALO INDIAN NICKEL?

    The 1937 nickel features a buffalo with three legs on one side and an Indian head on the other.

    The Buffalo nickel was introduced in 1913 as part of a drive to increase the beauty of American coinage.

    Check your change pile, as this rare nickel sold on eBay for $1,400.

https://www.the-sun.com/money/4025151/rare-coin-price-news-penny-dollar-worth/ Rare coins price news – New England coin worth $350,000 found in candy tin

DevanCole

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