A 1953 antique penny just sold at auction for over $19,000.
The highest bidder won $17,000 for the coin and $19,125 after buyer’s fee paid.
Bidding started at just $1 and quickly reached thousands. The coin is popular among collectors, as it was made of 95% copper.
Only three mints produced this money in 1953, reports something Borrowed,
- Philadelphia minted this money without a special mint mark.
- San Francisco minted this money with the S mint mark
- Denver minted this money with the de mint mark
The money sold was made in San Francisco. Of these billions of pennies created in 1953, this mint produced the least.
How to Find Rare Coins
There are many ways you can find rare coins,
The first thing you want to do is check around your house or any other place where you can store change.
You can also try using a metal detector outside, or stop by your local bank to ask for a roll of coins.
You can easily exchange bills for coins, getting lots of change for a standout at no cost.
To check whether your coins are worth anything on eBay, search the full name, select the “Sold Out” list, and then toggle the search to “Highest Value.”
This way, you will be able to understand what collectors are willing to pay for your coins.
You can choose to sell the coin either on eBay or through a specialist site such as Coinappraiser or USA Coin Book.
And be aware of potential fakes when buying online.
To avoid this, it is worth checking the seller’s history and whether the coin was certified in the listing.
For example, although this $255 coin was not certified, the seller had a 100% positive feedback rating from 695 reviews.
For more on Lincoln pennies, we explained: 1944 piece of steel And it costs up to $1.1 million.
and we too Explained The value of a 1969 Lincoln penny.
Plus, we show you how find rare coins Also included are those featuring Lincoln.