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Your Liberty Head Nickel could be worth over $74,000 – the exact details to look for in your spare change


It might be time to dust off your old coins because if you have a Liberty Head Nickel with specific detailing it could be worth over $74,000.

The auction record for the 1885 Liberty Head Nickel is $74,750.

1

The obverse is the Liberty Head with stars and 1885

Although there are generally no great rarities, coin collectors find them valuable due to their low mintage – just over 1.4 million.

The coin was minted in Philadelphia and created by the Mint’s Sixth Chief Engraver, Charles E. Barber.

The obverse features the Liberty head with stars around the head and 1885.

The reverse shows the Roman numeral V, UNITED STATES OF AMERICA, E PLURIBUS UNUM and CENTS.

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The Liberty Head Nickel is a series that spans 30 years.

The 1885 Liberty Head Nickel has the second lowest mintage of the entire series after the 1912-S, according to NG Coin Explorer.

Most Liberty Head Nickel dates have circulations over 10 million, with some over 20 million, a few over 30 million, and two reaching almost 40 million.

For this reason, 1885 is a rare, widely recognized and very popular coin.

How are coin values ​​determined?

Experts determine the value of a coin based on various factors.

Some coins have high values ​​due to their grade and error.

Errors occur when the Mint manufactures a coin incorrectly, resulting in items that are not supposed to be included.

Other factors that determine value include print run, errors, demand, age, design and condition.

More importantly, the coins are graded on a rigid scale, which collectors will pay a lot of money for.

There are five main components when it comes to a grading scale, including strike, surface preservation, luster, coloring, and visual appeal.

Parts are assigned an integer number between 1 and 70, with the highest number being flawless.

Check the value of your coin

Be sure to check your spare change for any pennies, nickels, dimes, and other rare coins, as many of these could sell for thousands.

As a general rule, the most valuable coins are those with low mintage or error, as collectors find these coins to be among the rarest.

Plus, coin experts will pay top dollar if they are also well minted.

eBay is a great website to check if your parts are worth anything.

Just search for the full name of the coin, select the “sold” listing, then switch the search to “highest value”.

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The Sun revealed how your $1 bill could be worth $1,000.

Plus, the exact details that make your quarter worth $80,000.



the-sun

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