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Friday, August 29, 2008

1955 Double Die penny

The 1955 Double die was mistakenly printed in Philadelphia. At first they printed 40,000 of these before they caught the problem. 24,000 were released and the rest were destroyed. Depending on the condition one can be worth anywhere from $500 to $15,000.

Other pennies worth money
1943 copper

1909 s VDB

Thursday, August 28, 2008

1909 S VDB

See the s under the 1909 on he front side, and the VDB on the bottom of the reverse side.Well the s stands means it was printed in San Francisco.The VDB is the designer,Victor D. Brenner.
This is the first American money with a president on them. That's the reason it's so desired by collectors.
One in descent condition is worth about a thousand, and one in mint condition could go for thousands more.

All so see the worlds most expensive coin the 1933-double-eagle Here

And see how much the 1943 copper penny is worth Here

Tuesday, August 26, 2008

1937-D 3 Legged Buffalo

The 1937-D 3 legged buffalo was made from a broken dye printer at the Denver mint.
Many where released into general population before inspectors caught the problem.

There are fakes were they try to sand down the one leg, so here are a few things to look for.

1.The farthest back leg will have less then normal.

2.There are dots on the belly that seem out of place.

3.The "P" and "U" from the Pluribus and Unum will be further back then the normal buffalo.

If you have all these find a specialist and get it cheeked

A mint condition one could be worth $20,000 plus.

A not so good one goes for about $1,000.



1943 Copper Penny

In 1943 because of world war 2, the us mint started making pennies out of steel. When they started this they left one sheet in the printing press of copper which produced 40 1943 copper pennies. This is a very sought after collectors item, in 2004 one was sold for $200,000.
Be careful though there has been many fakes.
  • Genuine 1943 copper cents will not be attracted to a magnet. Copper-plated steel cents will exhibit a strong magnetic attraction.
  • Copper cents weigh 3.11 grams. Steel cents weigh just 2.7 grams.
  • The numeral "3" in "1943" has the same long tail as the steel cents. Alterations from later-dated copper cents will be noticeable when compared side-by-side with genuine steel cents.
  • The quality of the strike is exceptionally sharp, especially around the rim, because the soft copper plainchant's were struck with the same (higher) pressure used for the steel cents.
There is believed to be 40, but only twelve have been found so far.

Monday, August 25, 2008

The 1933 Double Eagle

The 1933 double eagle is the most valued coin to date. It's a twenty dollar gold coin used by bankers from the gold rush in 1849 until 1933. The reason that it is so valuable is that in 1933 president Roosevelt stopped the production and none of these coins were officially placed into circulation. On April 5 1933 it was passed that the 1933 double eagle was to be recalled and melted down, it was considered illegal form that day forth. There was none known to have made it out but two sent to the Smithsonian for display, so they thought. In 1944, 1 turned up and was sold to the king of Egypt. After the king's death in 1952 it recirculated, but when the American secret service tried to reclaim it it quickly disappeared again. In 1952 the secret service found 8 and they were melted down. In 1974 the president changed the law so that any more found will not be melted. For forty years there hadn't been any sign of the infamous 1933 double eagle coin. In 2001 one turns up at a dealer in New York. The dealer started claiming that someone sold it to him over the counter, then changed his story and said that it came from Egypt. After a legal battle it was decided that they would auction this one and split the profits ($7,590,020) between the government and the dealer. In 2004 the dealer dies and his heir turns up with ten more 1933 double eagles, which of course the secret service confiscated. They are now being held at Fort Knox. The new owner of the coins has got a lawyer and is trying to have them returned. One turned up in Egypt recently in a closet full of old junk. It's still illegal today to posses the 1933 double eagle except the one auctioned in 2002. It's believed that the twenty that have turned up so far were stolen by a cashier for the mint that replaced them with older double eagles.