You should keep your eyes peeled for these rare coins that could go up in value very soon.
Rare coins usually come about because of a misprint that was later corrected or a limited number being produced. Due to their scarcity, they’ve become popular collectables and can sell for many times their original value on auction sites such as eBay.
Some rare coins which are worth looking out for are the coveted Kew Gardens 50p and a selection of special alphabet 10p coins. The previous “round pounds” coins – issued by the Royal Mint can also be valuable since they were replaced by the 12-sided coins in 2017, which are harder to counterfeit.
However, these are the coins you should really be looking out for. Finance site GOBankingRates looked at a list of coins that could go up in value by the end of this year.
The coins featured are from the US, therefore will draw the attention of collectors or anyone who travelled to the country in recent years. If you have any family in the US, it’ll be worth keeping a note, too.
Altier Rare Couns said versions of the Mercury dime, produced between 1916 and 1945, known as the ‘Mint State-67 (MS-67) with Full Bands (FB)’. The PCGS Auction Prices estimate that a 1916 version of the coin could be sold for over a huge $120,000 (£92,000).
Altier Rare Coins said: “As you explore the best rare coins to buy, factoring in potential appreciation in 2024 and beyond, these dimes should be at the top of your list. Their enduring appeal and the finite number of specimens available in such pristine condition make them a solid choice for adding depth and diversity to your investment portfolio.”
Another one to look out for is the 1943 copper penny. Most of the coins were made of steel, but because of a slight error, a few were made of copper. That little mistake could make someone around $100,000 (£77,000).
A coveted $5 half eagle coin – produced since 1795 can sell from around $15,000 (£11,500) all the way into the millions because of how rare the early versions are. GOBankingRates said there is a “particular demand” for 1795 and 1798 versions, which means the value will most likely increase in price very soon.
Along with the half eagle coin, the 1993 Saint-Gaudens Double Eagle could also be sold for millions, specifically between $10,000,000 and $15,000,000 (£7.7 million to £11.5 million) according to the broker Sotheby’s.
Not only that but only one Double Eagle coin could be legally owned by an individual.
Altier Rare Coins said: “The 1933 Double Eagle coin is just such a treasure. Minted during economic upheaval, this gold coin represents the last of its kind, symbolising an era that would change forever. With only a single coin legally allowed to be owned by individuals, its allure isn’t just in its beauty, but in its exclusivity and the intriguing stories surrounding it.”
Designed by famous American sculptor American sculptor Augustus Saint-Gaudens, the coin was sold for $18.9 million in 2021, around £14.5 million. What makes the coin so rare is that few survived the US government’s plans to melt them down.
This last coin, 1909-S VDB Lincoln Penny, was issued by President Theodore Roosevelt in celebration of 100 years since the birth of President Abraham Lincoln. The coin, however, sparked controversy due to the inclusion of the initials of sculptor Victor David Brenner on the other side of the coin.
The coin was then discontinued after a few days, causing the American public to sense the possibility of the original design becoming more valuable, which was the case. Only around 484,000 coins with the initials were produced, and its value today amounts to thousands of pounds.
