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Several coins on the market can be worth hundreds or thousands of dollars if they meet certain characteristics. This is the case of five coins from the 1960s.
From one-cent coins to 25-cent and half-dollar coins, these coins can be worth up to $24,000. We explain what they are and their characteristics.
The 1960s coins worth thousands of dollars
GOBankingRates has compiled a list of five coins that were minted in the 1960s that can be sold for much more than their face value on the market. Here’s how to identify them.
1963-D 25 cent coin
This coin minted at the Denver Mint, which features a D on the reverse, can be worth up to $24,000 if it is in very good condition, meaning it has a grade of MS68. To be sold for that amount, it must be an uncirculated coin.
1965 25 cent coin
Due to the 1965 coin shortage, the Washington quarter in BU (brilliant uncirculated) condition may be worth more than $12,000.
You may be interested in: This is the 25 cent coin that is worth up to $4,500 dollars: how to know if you have one
1962-D 25 cent coin
This quarter featuring Washington on the obverse and an eagle on the reverse can be worth thousands of dollars if in good condition. According to the Professional Coin Grading Service (PCGS), a 1962 Denver quarter sold for $18,400 in 2012.
1 cent coin 1960
Although coins are generally only worth their face value, i.e. 1 cent coins are worth 1 cent, on some occasions, if they meet certain characteristics, they can be sold for more.
This is the case of some 1960 1-cent coins that do not have a mint mark, that is, they do not have the small letter that indicates where they were minted. In addition, these valuable coins have a deep Lincoln cameo. They could be worth around $2,600.
1960 Ben Franklin Half Dollar Coin
A 1960 Ben Franklin half dollar is worth at least $11 or $12 since it is silver. However, a mint-condition example can be worth around $300.
How is the value of a coin determined and where can I sell it?
According to the specialized portal US First Exchange, the value of a coin is determined based on three main factors: the rarity, the condition or grade of the coin and the demand.
A coin will be worth more than its face value if it is “rare,” meaning it has some details that most coins don’t. If it is also in good condition and there are few examples, its value will increase.
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If you think you have this or other coins that may be worth more than their face value, you can go to a pawn shop to have them valued.
You can also look for specialized Facebook groups, check eBay or the Professional Coin Grading Service (PCGS) website.
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