Rare Coin Price News – 1944-S Lincoln Steel Penny is the second most valuable penny of all time with two zinc-plated blanks

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An INCREDIBLY rare coin has earned its owner a huge salary after being auctioned off.

According to Spruce Crafts, a rare 1944-S Lincoln Steel Penny fetched $ 373,750 at auction when it went on sale in Baltimore, Maryland in August 2008, according to Spruce Crafts.

The piece has been kept in incredible condition and showed minimal marks, according to the site.

Its condition and a combination of other factors made the coin the second most valuable penny in the world.

It comes after a special penny with a specific zinc coating once sold for over $ 100,000 at an auction in Milwaukee.

Although over 430 million 1944 Lincoln pennies were minted at a Denver, Colo. Mint factory, a steel planchette left in 1943 made its way through the mint press and created 1944-D Lincoln pennies. extremely rare on a zinc-plated steel plank.

One of those pennies sold for $ 115,000 at a Heritage Auction, Milwaukee, Wisconsin, ANA Signature Coin Auction in August 2007.

Read our live blog on rare coins for the latest news and updates …

  • HOW MUCH IS A $ 100,000 INVOICE REALLY?

    Many are shocked to discover that the invoices actually exist.

    Woodrow Wilson appears on the rare note, known as the “Gold Certificate”.

    If you have one, it’s probably worth over a million dollars.

  • RARE CUT BUST PIECE RECENTLY SOLD FOR THOUSANDS

    The $ 5 Capped Bust coins were first minted in 1807 with a reported mintage of less than 34,000.

    The design was subsequently modified between 1813 and 1834, with a change in diameter also in 1829.

    A 1808/1809 coin sold for $ 3,400 on eBay in April, after attracting 38 bids from buyers.

    According to USA Coin Book, the 1809 coin is worth $ 3,485 in average condition and can be worth up to $ 30,879 in uncirculated condition.

  • LIVING PEOPLE CANNOT BE DISPLAYED ON US MONEY

    In 1866, a federal law was enacted preventing the image of any living person from being imprinted on US money.

    Lady Liberty first appeared on American coins, while the American eagle appeared on the reverse.

    Presidents have traditionally been depicted on silver, dating back to 1909, when Abraham Lincoln became the first to appear on an American coin.

  • WHAT IS THE MOST VALUABLE PENNY?

    The most valuable penny, based on recently completed eBay listings, is the flying eagle cent from the 1850s.

    Designed by portrait painter James Barton Longacre in 1856, the circulating coin features an eagle on one side and a “cent” on the other.

    The Philadelphia-minted coin garnered 66 auctions on eBay, before selling for $ 11,128 in August.

  • WHAT YOU NEED TO KNOW BEFORE PURCHASING RARE PARTS

    Before you buy, make sure you research the part well and know how much it will cost so that 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 return it immediately and return it for a profit, chances are you will be disappointed,” Joseph Yaffe, co-owner of the Gainesville Precious Metal Dealer, told The Sun. Corners. .

    Yaffe recommends that you keep the parts you purchase for at least 10 years.

  • HOW TO BUY RARE PARTS

    There are several ways to approach specialists and auctions, including in person and online.

    You may choose to visit pawn shops, auction houses, antique stores, or other places that are trying to sell a rare coin.

    The other option is online, which includes browsing eBay or USA Coin Book.

  • WHAT ARE THE $ 2 TICKETS?

    Although less common than other paper bills, $ 2 bills are not uncommon and are valued at $ 2.

    The face of Thomas Jefferson has been printed on the banknote since 1869, and the first person to appear on the banknote was Alexander Hamilton.

  • CAN YOU TURN RARE PARTS WHEN YOU FIND THEM?

    There are many ways to approach coin specialists and auctions, including in person and online.

    You may choose to visit pawn shops, auction houses, antique stores, or other places that are trying to sell a rare coin.

    The other option is online, which includes browsing eBay or USA Coin Book.

    But before you buy, make sure you research the part well and know how much it will cost so that you don’t overpay. Plus, 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 return it immediately and return it for a profit, chances are you will be disappointed,” said Joseph Yaffe, co-owner of the precious metals trader of Gainesville Coins.

  • HOW MANY PARTS HAVE BEEN STRIKE THIS YEAR?

    There are currently billions of coins in circulation in the United States.

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

  • CHECK FOR RARE PARTS

    While this one might seem obvious, you’d probably be surprised at how many pennies you might have in your possession somewhere.

    Check your piggy bank, your pockets, under your couch, or wherever you might store money.

    This method won’t cost you anything other than getting a little dirt or dust on your fingers.

  • DENVER-MINTED PENNY SPARKS AUCTION WAR

    If you have that rare penny in your wallet, it could be worth $ 2,000.

    The so-called 1969 D-penny features the 16th President of the United States, Abraham Lincoln.

    The D on this particular penny, shown as the year 1969 on the right side, signifies that the coin was minted in Denver.

    A recent bid for the rare D penny on eBay racked up over 20 bids.

  • HOW MANY PARTS HAVE BEEN STRIKE THIS YEAR?

    There are currently billions of coins in circulation in the United States.

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

  • HOW MUCH ARE THE RARE PARTS?

    Two rare Abraham Lincoln pennies recently sold online, including a 1992 coin for over $ 25,000 and a 1909 coin with the initials VDB for almost $ 1,500.

    Other rare coins sold online include a three-legged bison coin for $ 1,400 as well as a Flying Eagle cent sold, which sold for $ 11,128.

  • HOW TO SELL YOUR RARE PARTS

    If you have determined that you have a valuable coin, you can choose to sell the coin on eBay or through a specialty site such as Coinappraiser or USA Coin Book.

    If you choose eBay, remember to set a minimum price that is greater than or at least equal to the face value of the coin – or you could lose money.

    You should also be aware that even if your part “sells” on eBay for a high price, there is no guarantee that the buyer will pay.

    Under eBay’s terms and conditions, bidders enter into a “legally binding contract to purchase an item”.

    However, there is no way to apply this rule.

  • RARE SILVER SHILLING COIN, CONCLUSION: “A PHENOMENAL DISCOVERY”

    The coin bears the initials NE for New England on one side and the Roman numeral XII for 12 – for the number of cents in a shilling – on the other.

    A coin expert and metal detector in Warwick, Rhode Island, Jim Bailey, called the British Shilling a “phenomenal find.”

    “The piece has tremendous visual appeal,” Bailey said in October.

    “Because there are only about forty such pieces, this specimen can be called the most beautiful known.”

  • RARE SILVER SILLING COIN CONTINUED: “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 this was a prime example of a New England shilling, minted by John Hull in 1652 in Boston for use as currency by the early settlers. from the Massachusetts Bay Colony, ”he said in a statement.

    In 1652, the Massachusetts General Court appointed Hull and his assistant, Robert Sanderson, as Boston mintmaster, responsible for the production of the first silver coin in North America.

    But the currency was considered a betrayal by King Charles II and was closed in 1682, the statement said.

  • RARE SILVER COIN A SHILLING AT AUCTION THIS MONTH

    A rare coin worth a few cents when it was first minted in New England in the mid-17th century could sell for around $ 300,000 when it goes up for auction in London this month.

    The silver one shilling coin was made in Boston in 1652 and is considered the best example of some 40 such coins still in existence, according to information from The Associated Press.

    It was recently discovered in the UK in a candy box containing hundreds of older coins, according to a statement by auctioneer Morton & Eden Ltd. in October.

  • HOW TO CHECK THE VALUE OF YOUR PART

    If you think you have a rare coin, you might be able to profit from it.

    The most valuable coins are usually those with a low mintage or error, as they are considered the most valuable by collectors.

    To check if your coins are worth anything on eBay, search for the full name, select the “sold” listing, then switch the search to “highest value”.

    This will give you an idea of ​​how much money the coin is intended for.


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