It might not be your thing, but coin collecting is an old hobby that appeals to many people. History says that it has been around since ancient Rome! Even though others just like to look at them, others collect with the intention to make a profit. You might be surprised to hear how much certain pennies will fetch you. Who would have thought that they can be worth thousands or millions of dollars? We are not just messing around with you. Check your coin purse right now to see if you have these valuable pennies.
Pennies That Can Fetch You A Lot More Money Than Their Face Value
Determining How Much A Penny Is Worth
Did you know that the Sheldon Scale is commonly used to evaluate a coin? Using this method, coins get a grade that ranges anywhere between 1 to 70. The perfect score is 70. A coin is evaluated based on its wear, rarity, and color. Typically, pennies are only worth a single cent or less. If you have ones from 1909 to 1956, they are worth 4 or 5 cents unless they are in good condition. Their value is in the double digits!
How To Determine The Value Of A Penny
