Coin collecting can be an interesting and fun hobby. However, you don't necessarily have to be a collector to be on the lookout for valuable coins. Many American coins that are deemed valuable by the collectors' market are due to the fact that they were pressed in low quantities or there was some error in the pressing that the treasury quickly found out about and withdrew the coin in question. Read on to find out about some interesting and valuable American coins for which to be on the lookout.
Godless Presidential Dollar
Starting in 2007, the Mint began pressing coins that honored deceased presidents by placing their face on dollar coins. These coins did not have the mint mark, "In God We Trust" motto, or the date on the usual spot, but rather, were printed on the rim. However, an error in the pressing caused some of these coins to not have these things pressed on the coin at all. The lack of the "In God We Trust" motto has caused some collectors to dub these coins the "Godless Presidential Dollar." If you find one of them in good condition, you could net upwards of $300.
1943 Copper Penny
This is perhaps one of the most valuable coins in the history of coins pressed by the Mint. In every year before and since, the penny has been constructed of 5% zinc and 95% copper. During 1943, some of the coins pressed were made entirely out of copper. How do you know that you have a copper penny? If you see that the coin was pressed in 1943, hold a magnet it up to it. If the coin is attracted to the magnet, then zinc is present in the coin. If the coin lays still, then it is entirely made of copper, making you a considerably rich person. It is difficult to determine the value of these coins since so few have been found, but a copper penny in great condition could net you $100,000.
Half Dollar With Missing Initials
The designer and engraver Frank Gasparro designed the tail end of the Kennedy half-dollar. He was allowed to place his initials on his design – FG – located to the very right of the eagle's tail end. However, there are some variations of this coin which lack the initials. If you have found a Kennedy half dollar pressed in the years 1966, 1972, 1982, and 1989, take a look at the reverse side of the coin to see if you have one of these uncommon coins. They could be worth up to $15.
Have your coins appraised to determine their value.