In a die rotation error, the coin isn’t exactly opposite and depending on the degree of the rotation could be worth a substantial bit of money. Coins are struck with the obverse (heads side) opposite or upside down from the reverse (tails side). Off center strikes where you can still see the year tend to be worth a little more. There are also off center strikes: just like the name implies, these coins were struck off center. There are broad struck coins: coins that were struck outside of the collar during the minting process and therefore have a flattened and spread out look to them. An error coin is any coin that was minted improperly - there are a huge variety of errors, but let’s focus on coins that you may actually find in your change. We know it’s hard to believe the American Government makes mistakes, but just because the inspector at the mint missed it doesn’t mean you should. Some coins make their way out of the mint with errors. You can even go to your bank and just ask for a few rolls of half dollars to see if you can find any silver. While you won’t be getting as much money from these coins, they’re a little easier to find than the 90% silvers. The formula for 90% silver still works here, you just have to change the figure that represents the percentage of silver in each dollar to. With the market price of silver at $17.00, that means one dollar face value of 40% silver is worth about $5.00. The industry term for these coins is “ clad,” and each one dollar face value of 40% silver contains. Half Dollar (1965-1970)Įven though the United States stopped putting silver in quarters and dimes in 1964, half dollar coins produced from 1965-1970 were still made of 40% silver. Not a bad way to make a few extra bucks if you come across some silver coins in your change. The result is the actual value of the silver you’ve got in your hand. In every one dollar face value of junk silver there’s 71.5% of one oz of silver, so you take the spot price of silver and multiply it by. How do you figure out how much silver is in each dollar’s worth of junk silver? Math! Don’t worry, it’s easy math. With the market price of silver at about $17.00 per ounce at the time of writing, there’s $12.00 worth of silver in every one dollar face value of junk silver. The industry term for this material is “ Junk Silver.” You want to look for these coins, because they’re worth considerably more than their face value. Dimes, Quarters and Half Dollars (1964 and Earlier)ĭimes, quarters and half dollars from 1964 and earlier are made of 90% silver. You may come across some Wheat Cents that are even rarer, so it’s always a good idea to do a little research before you sell something. As a general rule, one cent coins from the 1940s and 1950s are worth about two and a half cents, one cent coins from the ’30s are worth about six cents, ’20s one cent coins are worth about 10 cents, and one cent coins from 1909-1919 are worth about 16 cents. Wheat Cents show up in pocket change from time to time and are worth at least two to three cents each. One cent coins minted between 19 have a different reverse than the Lincoln Memorial pennies all Americans are familiar with. Wheat Back Pennies or Wheaties (1909-1956) That’s a 50% profit for your efforts, and a penny saved is, after all, a penny earned. Even though you can’t take them to the scrapyard with other copper scraps, there are people who buy these coins at about one and a half cents each in the hope that they’ll one day be legal to melt down. Copper cents are very easy to find, although they’re not currently legal to melt. Before 1982, American pennies were made of 95% copper and are worth more now than their one cent face value.
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