Here’s the value of common US coins:
- Penny: 1 cent
- Nickel: 5 cents
- Dime: 10 cents
- Quarter: 25 cents
It’s important to remember that some coins, particularly older or rarer examples, can have a value higher than their face value. Several factors contribute to a coin’s value, including:
- Rarity: The number of coins minted and surviving
- Historical Significance: Its connection to important events or figures
- Condition (Grade): How well-preserved and free from wear and damage the coin is
- Demand: The popularity and interest among collectors for a particular coin or series
Even errors made during the minting process can significantly increase a coin’s value. If you believe you may have a valuable coin, it is recommended to get it appraised by a professional numismatist or consult reputable coin guides for further information.
How do I figure out what my coins are worth?
Good point! Hire a professional appraiser to grade your coins and tell you how much it is worth. The American Society of Appraisers and International Society of Appraisers have searchable directories of professional appraisers. A dealer might also be able to help.