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Is there a $100,000 penny in your couch cushions?
Orange County Register
By KELLI HART and CHRIS DAINES
Thursday, August 14, 2008
All this talk about a copper 1943-S penny, valued at an estimated
quarter-million dollars, have you digging through your coin jars
and checking your couch cushions?
Though only a handful of cent coins were accidentally cast in copper
in 1943, the sale of Laguna Beach resident Steve Contursi's rare
penny has readers asking what other coins are valuable to collectors
– and how they can figure out if their change is worth more than
the metal it is stamped on.
"If people have an accumulation of old coins from their parents,
grandparents or great grandparents, the best thing to do is go to
a reputable coin dealer to look at the coins," Contursi
advised.
An old coin kept over many years could have a vast range in price
value, Contursi added.
For example, an uncirculated silver dollar is typically worth $30,
but depending on the date and the mint mark, that same silver dollar
could be worth thousands of dollars according to Contursi.
Contursi, owner of Dana Point-based Rare Coin Wholesalers also
recommends curious coin owners to pick up "the red book," more
formally known as "The Expert's Guide to Collecting and Investing in
Rare Coins."
The book can be found in any bookstore or library and is updated
every year.
You can also visit
www.money.org
to learn about what coins might be
worth more than you expected.
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