A rare 1969 D penny Lincoln coin sells for almost $2,000, and you might have one in your wallet.
If a rare penny turns up in your wallet, coin collectors might earn a mint, with one coin recently selling for $2,010 on eBay.
The one-cent currency in circulation is a so-called D penny from 1969, which depicts 16th President Abraham Lincoln.
“In God We Trust” is written across the top of the coin, while “Liberty” is written on the left side.
It also has the letter “D” below the year 1969 on the right hand side, indicating that it was minted in Denver.
This distinguishes the currency from the Lincoln Memorial and Wheat coins, both of which were produced in Philadelphia.
These coins recently sold for $325 and $1,801, however they don’t have a mintmark.
The Denver Colorado Mint is believed to have produced over four million coins in 1969.
On Sunday, October 10, the coin drew 25 bids from eager coin collectors before selling for $2,010 to the winner.
Keep in mind that if you find one in your wallet or down the back of your sofa, it’s only worth what someone is willing to pay for it.
In other words, if you have a similar one, you aren’t certain to get thousands.
According to Cointrackers, the 1969 D penny coins are worth roughly $12 if they’re in mint condition.
Although this may not appear to be a large sum, it is nevertheless 119,900% of its initial value.
You might be able to make a real mint if you believe you have a rare coin.
Coins with a low mintage or a mistake are normally the most valued, as collectors consider them to be the most desirable.
Check how much the specific coins are selling for on eBay to see if your modest change is worth a lot.
Search for the coin’s entire name, choose the “sold” listing, and then change the search to “highest value.”
It will offer you an estimate of how much money the coin is worth.
You can sell the coin on eBay or through a specialized website like Coinappraiser or USA Coin Book.
If you decide to sell on eBay, remember to establish a minimum price that is more than or at least equal to the coin’s face value, otherwise you’ll lose money.
You should also keep in mind that even if your coin “sells” for a high price on eBay, there is no guarantee that the buyer will pay.
Bidders enter a “legally binding contract to purchase an item,” according to eBay’s terms and conditions, but there’s no means to enforce this rule.
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