Boston Coin Made In 1652 And Possibly Worth $300,000 Will Be Sold At London Auction

A RARE 1943 dime coin has sold for nearly $400 on eBay, and a 1992 Lincoln coin is worth as much as $25,000 - which means you'll want to carefully check your change for this rare find.

The rare coin, a dime with an error, was designed by sculptor Adolph Alexander Weinman.

Today, many Americans are familiar with the dime featuring 32nd President Franklin Delano Roosevelt. 

The coin in the listing features a "42" that is placed over the "41", which is also known as an overdate.

It sold for $395 after collecting 36 bids on eBay. That would imply that the dime is now worth nearly 395,000% its original value. 

Check your change for rare nickelsdimeshalf dollarsLincoln pennies, and other coins because some of them could sell for thousands.

Please read our rare coins live blog for the latest news and updates...

  • Cheyenne R. Ubieratime datetime="2021-12-09T05:00:24.000Z" title="12/9/2021"">

    WHICH U.S. 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.

  • Cheyenne R. Ubieratime datetime="2021-12-09T04:30:22.000Z" title="12/9/2021"">

    HOW MANY COINS HAVE BEEN MINTED THIS YEAR?

    There are billions of coins currently in circulation in the US.

    Figures by the United States Mint show that 11.2billion coins have been produced for circulation so far in 2021.

  • Cheyenne R. Ubieratime datetime="2021-12-09T04:00:20.000Z" title="12/9/2021"">

    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.

  • Cheyenne R. Ubieratime datetime="2021-12-09T03:30:18.000Z" title="12/9/2021"">

    'IN GOD WE TRUST' MOTTO

    The “In God We Trust” motto started appearing on coins in 1908, and on bills in 1957.

    Kenneth Mayle, a self-described Satanist from Chicago, claimed that the motto violated his rights, in a 2017 federal lawsuit.

    The case was tossed by a judge, and Mayle lost his appeal.

  • Cheyenne R. Ubieratime datetime="2021-12-09T03:00:16.000Z" title="12/9/2021"">

    1969 WASHINGTON QUARTER

    The error coin that sold for the highest price tag on eBay recently was a Washington quarter from 1969.

    The first US President, George Washington, features on the coin, which was first released in 1932.

    The specific coin has been struck off-center and is misshaped, with the eBay listing noting that it’s a “definite keeper”.

    The coin racked up 28 bids and sold for $598.88 last month.

  • Cheyenne R. Ubieratime datetime="2021-12-09T02:30:15.000Z" title="12/9/2021"">

    WASHINGTON QUARTER WITH ERROR SELLS BIG

    This 25 cent coin from 2005 comes with an error in the text.

    The “T” is barely visible, meaning it reads like “In God We Rust”.The Washington coin sold for $152.50 on eBay in August, having racked up 14 bids.

  • Cheyenne R. Ubieratime datetime="2021-12-09T02:00:13.000Z" title="12/9/2021"">

    HELPFUL TIPS FOR USING A METAL DETECTOR

    Chad Eicher, owner of Metal Pursuits, recommends using four features of a metal detector to your advantage so you aren’t scrambling for hours trying to find coins.

    That includes:

    • Target identification
    • Depth indicator
    • Discrimination function
    • Ground balance
  • Cheyenne R. Ubieratime datetime="2021-12-09T01:30:11.000Z" title="12/9/2021"">

    USING A METAL DETECTOR FOR COINS

    Using a metal detector in specific areas is another way you can find coins.

    However, keep in mind before you buy a metal detector that they are banned in all national parks.

    Also, you’ll want to know the laws in the region before you start metal detecting.

  • Cheyenne R. Ubieratime datetime="2021-12-09T01:00:09.000Z" title="12/9/2021"">

    WHEN WAS THE NATIONAL MINT ESTABLISHED?

    The Coinage Act of 1792 established a national mint to regulate the coinage in the United States.

    At the time, the Act started the newly created US dollar to the value of the widely used Spanish silver dollar, saying it was to have the value of a Spanish milled dollar.

  • Cheyenne R. Ubieratime datetime="2021-12-09T00:30:07.000Z" title="12/9/2021"">

    HARRIET TUBMAN MAY APPEAR ON THE $20

    In 2016, the Department of Treasury announced plans to redesign the $5, $10, and $20 bills.

    Harriet Tubman was chosen to be the new face of the $20 bill. She would replace Andrew Jackson, who would appear on the back of the bill.

    The proposed changes have not yet been confirmed.

  • Cheyenne R. Ubieratime datetime="2021-12-09T00:00:06.000Z" title="12/9/2021"">

    RESEARCHING THE VALUE OF YOUR RARE COINS

    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.

    You can either choose to sell the coin on eBay or through a specialist site such as Coinappraiser or USA Coin Book.

  • Cheyenne R. Ubieratime datetime="2021-12-08T23:30:04.000Z" title="12/8/2021"">

    WHAT TO KNOW BEFORE BUYING RARE COINS

    Before you buy, make sure you carefully research the coin and know how much it’s going for so you don’t overpay.

    However, you’ll want to humble your expectations when it comes to making a fortune.

    “If your plan is to buy a rare coin only to immediately turn around and flip it for a profit, the chances are fairly high you will be disappointed,” Joseph Yaffe, co-owner of precious metals dealer of Gainesville Coins, told The Sun.

    Yaffe recommends holding onto the coins you buy for at least 10 years.

  • Cheyenne R. Ubieratime datetime="2021-12-08T23:00:02.000Z" title="12/8/2021"">

    WHAT MAKES FOR A RARE COIN?

    Rare coins from the 1900s and before then are selling for a ton of cash online.

    Some of these have unique features about them that are attracting buyers.

    While others are drawing attention on basis of how old and rare they are. 

    This is making them worth significantly more than their original value of one cent.

  • Cheyenne R. Ubieratime datetime="2021-12-08T22:30:00.000Z" title="12/8/2021"">

    PRESIDENTS ON COINS: LINCOLN AND ROOSEVELT

    The 16th President Abraham Lincoln is on the penny.

    He first showed up on the front of the one-cent piece in 1909 – nearly 120 years after the first US penny was minted and 44 years after he was assassinated.

    President Theodore Roosevelt commissioned sculptor Victor David Brenner to redesign the penny with Lincoln’s on it.

  • Cheyenne R. Ubieratime datetime="2021-12-08T22:00:58.000Z" title="12/8/2021"">

    PRESIDENTS ON COINS: WASHINGTON, FDR AND JFK

    President Franklin D. Roosevelt replaced the image of Lady Liberty on the dime in 1946, the year after he died.

    The first US President, George Washington, is on the quarter.

    The US Mint first produced the Washington 25-cent coin in 1932, to commemorate the 200th anniversary of his birth.

    President John F Kennedy is on the half-dollar.

  • Cheyenne R. Ubieratime datetime="2021-12-08T21:30:57.000Z" title="12/8/2021"">

    SEE HIDDEN FACES IN BILLS

    Did you know that your paper bills have hidden faces?

    Hold your bill up to the light to see them.

    With the $100 bill, you can see an additional portrait of Benjamin Franklin in the empty space located on the right side of the visible picture.

  • Cheyenne R. Ubieratime datetime="2021-12-08T21:00:55.000Z" title="12/8/2021"">

    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.

  • Cheyenne R. Ubieratime datetime="2021-12-08T20:30:53.000Z" title="12/8/2021"">

    FLYING EAGLE SOARING HIGH

    A penny from 1856 sold for more than $11,000 in August 2021.

    Designed by portraitist James Barton Longacre, the circulated coin features an eagle on one side with “one cent” shown on the other.

    More than 65 bids were collected on eBay in pursuit of the coin.

  • Cheyenne R. Ubieratime datetime="2021-12-08T20:00:51.000Z" title="12/8/2021"">

    WOMEN’S SUFFRAGE MOVEMENT MAY BE CELEBRATED ON THE $10

    A proposed redesign on the back of the $10 bill would honor icons of the women’s suffrage movement, including Alice Paul, Elizabeth Cady Stanton, Lucretia Mott, Sojourner Truth, and Susan B. Anthony.

    Alexander Hamilton would still be the face of the front of the $10 bill.

  • Cheyenne R. Ubieratime datetime="2021-12-08T19:30:49.000Z" title="12/8/2021"">

    LINCOLN MEMORIAL HISTORIC EVENTS CELEBRATED ON THE $5

    The last bill makeover proposed by the Department of Treasury would revamp the $5 bill.

    If approved, the new $5 bill would celebrate history at the Lincoln Memorial. Images of Eleanor Roosevelt, Marian Anderson, and Martin Luther King Jr. would be included on the back of the bill.

    The front of the $5 bill would still feature Abraham Lincoln.

  • Cheyenne R. Ubieratime datetime="2021-12-08T19:00:48.000Z" title="12/8/2021"">

    IS THE $2 BILL RARE?

    While it is less common than other paper bills, $2 bills aren’t uncommon, and their value is $2.

    Thomas Jefferson’s face has been printed on the bill since 1869, and the first person to appear on the bill was Alexander Hamilton.

  • Cheyenne R. Ubieratime datetime="2021-12-08T18:30:46.000Z" title="12/8/2021"">

    HARRIET TUBMAN MAY APPEAR ON THE $20 SOON

    In 2016, the Department of Treasury announced plans to redesign the $5, $10, and $20 bills.

    Harriet Tubman was chosen to be the new face of the $20 bill. She would replace Andrew Jackson, who would appear on the back of the bill.

    The proposed changes have not yet been confirmed.

  • Jocelyn Cooktime datetime="2021-12-08T18:00:44.000Z" title="12/8/2021"">

    Shilling sold big

    The rare coin actually sold at auction for more than $350,000, more than it was expected to get, the auctioneer said.

    It was sold to an anonymous online bidder from the US, London-based Morton & Eden Ltd said in a statement, according to Click Orlando.

    “I am not surprised at the amount of interest this exceptional coin attracted,” coin specialist James Morton said in a statement.

    “The price paid, which was above estimate, reflects its extraordinary historic significance and outstanding original state of preservation.”

  • Jocelyn Cooktime datetime="2021-12-08T17:30:42.000Z" title="12/8/2021"">

    'A phenomenal discovery'

    The coin has the initials NE for New England on one side and the Roman numeral XII, for 12 — for the number of pennies in a shilling — on the other.

    A coin expert and metal detectorist in Warwick, Rhode Island, Jim Bailey, called the U.K. shilling “a phenomenal discovery.”

    “The coin has tremendous eye appeal,” Bailey said in October.

    “Because there are only about 40 such coins in existence, this specimen can be called the finest known.”

  • Jocelyn Cooktime datetime="2021-12-08T17:00:40.000Z" title="12/8/2021"">

    'The star of the collection'

    James Morton, the auctioneer’s coin specialist, said the New England coin is the “star of the collection.”

    “I could hardly believe my eyes when I realized that it was an excellent example of a New England shilling, struck by John Hull in 1652 in Boston for use as currency by early settlers in the Massachusetts Bay Colony,” he said in a statement.

    In 1652, the Massachusetts General Court made Hull and his assistant, Robert Sanderson, as Boston mintmaster, responsible for producing North America’s first silver coinage.

    But the mint was considered treasonous by King Charles II and was shut down in 1682, according to the statement.

    Source : https://www.the-sun.com/money/4191106/rare-coin-price-latest-ebay-quarter-penny-worth/

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Rare quarter sells on eBay for 2000 times its face value – What could your spare change be worth?

Source:The Sun

Rare quarter sells on eBay for 2000 times its face value – What could your spare change be worth?

Mad Minuter stories from Tuesday, November 30th

Source:KHQ

Mad Minuter stories from Tuesday, November 30th