Certain rare coins can be worth a lot of money and in some cases could sell for thousands. Since the past few months, rare coins have been hot topic and it's not hard to see why.
TikTok user @CoinCollectingWizard, who boasts an impressive 211,000 followers on the platform, recently took to the social media app to unveil a series of old pennies that could potentially make you a small fortune if you happen to find any.
In a post that garnered a lot of attention online, he listed 11 coins that are "worth money". So, if you're curious to find out which of these pennies are worth keeping an eye out for, scroll down below and prepare to be amazed.
Here are the old pennies that are apparently worth loads:
According to the TikTok user, those pennies are the ones you should be keeping an eye out for. He concluded: "So make sure to save this video and reply with a comment on what date you have.
"It's also to note the value of these coins all depends on certain factors, especially the condition of the coin. Find a penny and pick it up all day long."
Now, if you're wondering how to identify a rare coin in your pocket, here are a few tips:
Firstly, you can always check the mintage, as the number of coins created is a key factor in determining its worth. You can do this by checking on the Royal Mint website.
Secondly, you could use the Change Checker Scarcity Index, which combines mintage information with other data. Next, you might want to use apps like CoinSnap, which employs AI to identify coins and determine their collector value.
It's also important to check the condition of the coin, as those in mint condition are usually more valuable than worn pieces. And finally, consult an expert. They can check out a rare coin retail price guide from PCGS.com or NGCcoin.com.
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