Nickel are really interesting and some pieces sell for unbelievably high amounts during auctions. Of these rarities one such that has been known to circulate in the market for several years is the $1.5 million nickel coin.
In this blog post, I will be doing a review on this high-value coin and some others that played out history. Okay, let me outline the characteristic that make this nickel quite unique.
1913 Liberty Head Nickel
There are few rare coins well known as the 1913 Liberty Head Nickel that is circulating in the market. But of these, only five were ever minted, and now these are the most prized by collectors the world over. The element is rather scarce and even its processing is rather mysterious it has appreciated in value with time and has sold at an auction for $1.5 million.
1943 Copper Penny
Even though this blog is entitled ‘on nickels’ it would be rather silly not to mention the ‘1943 copper penny’. This penny was minted from copper instead of the zinc–steel during the Second World War due to the war. There is little information available on these coins, and pieces currently available to collectors are sometimes sold for over $100 000 depending on their state of preservation. This penny is just another example that shows how scarcity can easily and significantly push up the value of any coin.
1916-D Mercury Dime
Another highly sought out coin is the 1916-D Mercury Dime. Often presented in highly attractive construction and with historical associations, such piece may cost more than $200,000 if it has remained in mint condition. Few of these dimes were manufactured and as such they remain rather rare and are now hard to find.
| Coin Name | Value | Mintage | Year Produced | Unique Feature |
|---|---|---|---|---|
| 1913 Liberty Head Nickel | Up to $1.5 million | Only 5 produced | 1913 | Extremely rare |
| 1943 Copper Penny | $100,000+ | Few exist | 1943 | Copper instead of steel |
| 1916-D Mercury Dime | $200,000+ | Limited number | 1916 | Historical significance |
Since the value of all the coins is increasing with time then one will find that he or she has a fortune in their collection. For instance, there are coins such as the 1913 Liberty Head Nickel that exists to prove that the right coin found is likely to make you a millionaire.
FAQs
Q. Why is the 1913 Liberty Head Nickel considered valuable?
A. It has been suggested that even though there are only five of these coins in circulation the collectors are sure to be very much interested in it. This enhances its value because the production of the piece is basically kept a mystery.
Q. How do I know if I possess one of the 1943 Copper Pennies?
A. Many of the 1943 cents were made from steel because of limitations in metal production during World War II. If the 1943 penny does not adhere to a magnet, then it can be quite possibly a copper version.
Q. What is so special about the 1916-D Mercury Dime that makes it so costly?
A. Anyone interested in acquiring a 1916-D Mercury Dime is advised to do so since the little known coin is both rare and historically valuable.
Q. Is it possible that one may still find rare coins in circulation today?
A. Such coins as these can however be found in circulation but it is a rare sight, which becomes even harder with time due to collectors putting the coins back into display.
Q. What should I do if I find one of such rare coins?
A. If you think you got a skip coin, the best thing to do is to bring that coin to a coin grading service company. This will help you to have a comparison on the value of that particular car and the condition it is in. The collection of rare coins is found to be a socially amplified lifetime interest as well as a profitable adventure. You can hardly imagine that the coin you have in your wallet for years may eventually cost millions of dollars.