Investing in U.S. coins can be a smart way to make money, especially if you do your research. Some coins are expected to gain value before the end of 2024, which makes them interesting for collectors and investors. Before you think about throwing out those coins you find in your pocket, take a moment to check if any are worth more than their face value. While millions of coins are exchanged every day at their normal value, a few special coins can increase in worth because of their unique features.
Coins Predicted to Increase in Value by Late 2024
These U.S. coins are likely to rise in value because they are rare and many collectors want them. Here are five coins you might want to keep an eye on:
1. $5 Gold Half Eagle
The $5 Gold Half Eagle, first made in 1795, is important in U.S. history. These coins are among the first gold coins minted by the U.S. government. Depending on their condition, these coins can start at $15,000, with some selling for millions!
One very valuable coin from this series is the 1798 Half Eagle, but these are hard to find because they haven’t been in circulation for many years. During the Great Depression, President Franklin D. Roosevelt ordered many of these coins to be melted down to increase the nation’s gold supply. This makes them even more desirable for collectors.
If you’re looking, you might find some $5 Gold Half Eagles on websites like APMEX, but coins with minor flaws can sell for about $800. Keep in mind that these defects can lower the overall value.
2. 1933 Double Eagle
The 1933 Saint-Gaudens Double Eagle is one of the rarest U.S. coins and also one of the most valuable. Very few of these coins are left today. In 2021, one sold for nearly $19 million, making it the most expensive coin ever auctioned! Collectors highly prize this coin because of its history and rarity. If you have one, its value could keep increasing.
3. 1943 Bronze Penny
During World War II, the U.S. Mint stopped using bronze in pennies to save materials for the war. This led to the creation of the 1943 Lincoln Bronze Cent, which is famous for being a minting error.
According to David Stone, a coin expert, this penny is special because it was made using leftover bronze materials, even though it was supposed to be made of zinc. One of these pennies sold for $1.7 million at auction in 2018, and its value is expected to rise even more.
4. 1909-S VDB Lincoln Cent
The 1909-S VDB Lincoln Cent is another coin that has become much more valuable. The initials VDB stand for the coin’s designer, Victor David Brenner, and they are a unique feature on the coin.
Collectors love this coin for its rich red color and its limited supply, making it one of the hardest to find. Its value can reach as high as $60,000, and its scarcity makes it a smart investment.
5. 1940 Mercury Dime (Mint State Grade-67)
The 1940 Mercury Dime, especially those rated as Mint State-67, is becoming more popular because of its rarity. According to Altier Rare Coins, the demand for this coin is increasing, particularly in high-grade conditions.
Experts recommend this coin as a good investment for collectors. Its value has consistently risen, making it a reliable option for those looking to earn money in the coin market.
Summary Table of Coins Expected to Increase in Value in 2024
| Coin | Year | Estimated Value Range | Key Details |
|---|---|---|---|
| $5 Gold Half Eagle | 1795 | $15,000 to millions | One of the first U.S. gold coins, sought after for rarity |
| 1933 Double Eagle | 1933 | Up to $19 million | The most expensive U.S. coin ever sold at auction |
| 1943 Bronze Penny | 1943 | Up to $1.7 million | Famous minting error during World War II |
| 1909-S VDB Lincoln Cent | 1909 | Up to $60,000 | Notable for its deep red color and limited mintage |
| 1940 Mercury Dime (MS-67) | 1940 | Increasing due to rarity | High-grade dimes are attracting high demand |
In conclusion, investing in rare coins can be a rewarding endeavor, especially if you keep an eye on these five coins expected to rise in value by the end of 2024. As you explore your coin collection, remember that some coins may be more valuable than you think. By doing your research and staying informed about market trends, you can make smart decisions in the world of coin collecting and investing.
FAQ’s
Why are rare coins valuable?
Rare coins are valuable because of their unique features, limited supply, and historical significance. Collectors are often willing to pay more for them.
How do I know if my coins are worth something?
To check if your coins are worth money, look for unique features like minting errors or limited editions. You can also consult a coin expert or use online resources to get an idea of their value.
Where can I sell my rare coins?
You can sell rare coins through online marketplaces like eBay or APMEX, or visit local coin shops and auctions to find buyers.