Rare Coin Alert: The $350,000 1939 Jefferson Nickel and 3 Coins Collectors Want

Rare Coin Alert: The $350,000 1939 Jefferson Nickel and 3 Coins Collectors Want It is free and free like the world of coins, which is no less exciting and fascinating. We do not give much attention to the coins in our pocket because we only have the coins of the denomination made on its face and its value. Nevertheless, in the coinage and history sphere, it is just the contrary. Even a new coin or one that even appears to be ordinary can, at times, turn out to be a million-dollar coin. The best known example is the 1939 Jefferson Nickel which is valued at about US 350,000 in modern times, or more than 3 crore of Indian rupees (about 30 million US dollars). It is not just a metal object, but a breathing image of the past, a rare finding, and a hobby of a collector.

The 1939 Jeff Nickel: What Makes it So Special?

The 1939 Jefferson Nickel was originally an ordinary coin, minted in the usual manner. However, some coins had a special error called a double die error.

This defect occurs during coin minting, when the design pattern is slightly shifted twice and then printed. This results in a duplicate image appearing on the lettering or design. This characteristic makes the 1939 Jefferson nickel extremely rare and valuable.

This coin is special in the sense that this double image can be best seen on the reverse side of Monticello (the residence of Thomas Jefferson) –

UNITED STATES OF AMERICA

An ordinary Jefferson Nickel is not worth much, although when you happen to possess this rare coin, the Doubled Die, and it is in good condition, it can be worth a fortune. This is what has seen collectors buy it at millions of dollars.

The Right Way to Identify It

According to collectors and specialists, it is not easy to find a real “Doubled Die”. In some cases simple machine doubling errors can also be observed though not so high. Hence it should be identified by:

• CO. Use some kind of a magnifier.
• Search for transparent and overlapping doubling of the letters.
• When the letters are flat or shadowed, it is not a true “Doubled Die” it is a fake.

Why are precious coins of low values so high in sale?

Rare and unique are the things sought by the collectors all over the world. A single mistake or a single aspect can turn a coin into millions of dollars. Here are the reasons:

• Scarcity: The lower amount of coins there is, the higher the price will be.
• The historical Value: Old coins also possess their historical meaning.
• Collectability: The fans desire to have them in their collections at all costs.
• Condition: the better the condition of a coin, the better its value.

Other Valuable and Famous Coins.

One example is the 1939 Jefferson Nickel, though there are numerous other coins that are still being looked after by the collectors. Now we will consider some other more renowned coins:

1. 1955 Doubled Die Lincoln Cent

This is one of the most renowned defected coins of America.

• It is definite double printing on the date (1955) and the letters LIBERTY and IN GOD WE TRUST.
• This coin is regarded as a Holy Grail by the collectors and may cost thousands or even millions of dollars.

2. 2004-D Wisconsin State Quarter.

In 2004, certain quarters that were produced in the Denver Mint had an additional leaf to the corn ear.

• This weakness was of two kinds- High Leaf and Low Leaf.
• Each of the two varieties is regarded as extremely scarce nowadays and sells hundreds of times higher than an ordinary quarter.

3. 1943 Copper Lincoln Cent

Because of the shortage of metals during World War II, the United States produced all pennies in 1943 using steel (one-cent coins).

• There were, however, old copper blanks accidentally struck.
• Such copper cents are very rare nowadays and fetch millions of dollars.

How to identify

• In the case of a penny of 1943 do the following test:
• A steel penny will be attached to a magnet.
• A penny made of copper will not have a magnet on it.
• In case it happens to be copper, you are rich by millions of dollars.

Why search for such coins?

Probably, a regular coin in your pocket, piggy bank or an old box might prove to be a treasure. The art of coins educates us that it takes the slightest error to turn something invaluable.

People who are collectors are ever in search of new finds.

• These coins are available in the online market place and on the auction houses at crores of rupees.
• In some cases, these coins are found in the old savings at home or in the closets of grandparents.

Conclusion

The 1939 Jefferson Nickel makes one think what a fantastic and unexplored world of coins is. It is not a mere metal object, but a combination of history and mistakes not to be repeated in millions. Equally, the 1955 Doubled Die Lincoln Cent, 2004-D Wisconsin Quarter and 1943 Copper Lincoln Cent are also treasures to a collector today because of the rarity and mistakes.

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