Rare Coin collecting is a fascinating hobby that anyone can enjoy, regardless of age or financial background. Known as the “Hobby of Kings,” it appeals to both seasoned collectors and curious newcomers. While finding a million-dollar coin in your pocket is rare, it’s worth keeping an eye out for treasures in attics, antique shops, or even bank rolls. Some Rare coins, still in circulation today, are set to increase significantly in value over the next five years. Below are three examples of such rare and valuable coins.
1. 1943 Lincoln Head Copper Penny
- Still in Circulation: Yes
- Approximate Value: $240,000 to $336,000
In 1943, most pennies were made from zinc-coated steel to conserve copper for the war effort. However, a few copper pennies were mistakenly produced. According to a U.S. Mint news release, fewer than 20 of these coins are thought to exist. If you find one, it could fetch between $240,000 and $336,000, making it a true collector’s dream.
2. 1794 Flowing Hair Dollar
- Still in Circulation: No
- Approximate Value: $10 million
The 1794 Flowing Hair Dollar holds the title as the first silver dollar minted in the U.S. It’s not only historically significant but also incredibly rare. This “national treasure” sold for over $10 million at auction in 2013, and demand for coins like this continues to grow.
| Coin Name | Still in Circulation | Approximate Value | Year of Minting | Notable Feature |
|---|---|---|---|---|
| 1943 Lincoln Head Copper Penny | Yes | $240,000 to $336,000 | 1943 | A rare copper penny mistakenly minted during the war effort, with fewer than 20 in existence. |
| 1794 Flowing Hair Dollar | No | $10 million | 1794 | The first silver dollar minted in the U.S., considered a national treasure and sold for over $10 million. |
| 1969-S Lincoln Cent with Doubled Die Obverse | Yes | $126,500 | 1969 | Known for its rare doubling of the design on the obverse side, with fewer than 40 authenticated examples. |
3. 1969-S Lincoln Cent With Doubled Die Obverse
- Still in Circulation: Yes
- Approximate Value: $126,500
The 1969-S Lincoln Cent is famous for its doubled die obverse error, which means the design appears slightly doubled. With fewer than 40 authenticated examples, this coin is worth up to $126,500 in near-perfect condition. Finding one would be a significant discovery for any collector.
Conclusion
Rare coins like the 1943 Lincoln Copper Penny, 1794 Flowing Hair Dollar, and 1969-S Doubled Die Obverse Lincoln Cent represent more than monetary value—they’re pieces of history. Whether still in circulation or long retired, these coins are proof of the artistry and unpredictability of minting processes. If you’re a beginner or an expert collector, keeping an eye out for these treasures can be rewarding, both financially and historically. Start your search in unexpected places—who knows what you might find!
FAQ’s
What makes the 1943 Lincoln Head Copper Penny so valuable?
It’s a rare error coin made of copper instead of the usual zinc-coated steel, with only about 20 known to exist.
Why is the 1794 Flowing Hair Dollar so expensive?
It’s the first silver dollar minted by the U.S. Mint, making it one of the rarest and most valuable coins.
What is a “Doubled Die” error on a 1969-S Lincoln Cent?
It’s a misstrike where the coin’s design is duplicated, creating a rare and valuable collector’s item.