A bronze Lincoln cent Spot from 1943 or a steel Lincoln cent from 1944 or a 1937-D “three-legged” Buffalo nickel – somewhere out there.
They are quite rare.
Bust your piggy bank. Have a lot of changes lying around? There just might be something somewhere that would make any coin collector’s eye pop.
This is Candl Coins & Stamps, off Independence Boulevard in Virginia Beach. It is history bottled up in glass. Its owner, Larry Robbins, has been at it for more than half a century.
“My father collected some, but he was a bus driver in Norfolk,” Robbins said, “…and we would sit down every night and go through $100 worth of change when my dad came home. They tended to carry $100 worth of change back then.”
He said that was the world’s favorite coin in his family back then. They would try to get every year, every mint location, every dime in a set they could find. He took that hobby and turned it into a business, buying and selling coins.
For almost five decades, as the owner of this store, he has seen quite a lot of coins. Customers are seeing through the wrong prices while checking anything on the net.
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“A lot of them begin their search with the Internet,” Robbins said. “And they find a photo of it — and this can be for coins and stamps — with someone stating, this particular coin or this particular stamp is worth $3,000 or $30,000 or even $110,000. They can’t really understand what they are looking at. They aren’t familiar with the terms.”
So how to approach a valuable penny?
“The ones where you would hit the market on them, and they’re out there-some of them somewhere out there-and these would be in 1983 copper cents. They changed the composition from copper to zinc in 1982. Therefore, all of the eighty-threes are zinc.”
A good coin, such as an ancient silver coin or ancient copper coin, would bring fortune to Robbins. Most errors are common but maybe not noticed by many distinctly even in a dollar bill.
“It has a show number and you get one number mismatched on there, and it could be worth several hundred dollars,” Robbins said.
At that moment, the same time 10 On Your Side had visited, Robbins bought an error coin—a heads and tails printed on the same side of the penny. He told us how it happened.
“One has to get it out of the collar once the coin has been stamped,
Robbins said. Another coin comes in and falls to that collar on top of another one, and one has already been struck. It gets another strike, and lo and behold, what happens is solid pegging on the one side and the other side has parts of both strikes on it.”
But to break open your piggy breaths and stir up that change, Robbins says it will teach you to know what to look for. If you don’t find the treasure hidden, he reminds that is what “rare” means.
“If you walk into a penny every way through your life, you’ve probably found some sort of error-but it just won’t look like it does,” Robbins said.
Also, encourages you to do so because perhaps you can learn something new while doing it. He said that you don’t put a price on learning.
Robbins enjoys collecting coins and the history that comes with a good find. He has coins that date back to more than 3,000 years ago, and even showed 10 On Your Side coins that date back from 1212.
FAQS:
When is it possible for a penny to be valuable?
penny may be valuable because of some very rare minting errors, its age, low mintage numbers, or historical value-such as with coins like the 1943 copper penny or 1955 double die penny.
What indicates whether my penny would be of any value?
You should look for things like doubled dates or misaligned prints and maybe inspect those old mint marks. Definitely, an app or guide could help with the verification of rarity and value for an individual collector. An individual will use such means to make checks.
Are wheat pennies worth anything?
Huh, yes, they are, but only between mint years 1909 to 1958. They can really equal money but lean strongly toward that if their condition is good or rarer in the year it was minted.
Where shall I take my coin for appraisal?
Different ways of having your penny’s worth known are: Local coin shop-the coin show, trusted online services for coin appraisal.
