People trade numismatic coins for their face value, but many people do not know that these coins are also valuable to collectors because they have mistakes in the minting or printing that make them unique. This is how the US one-cent coin works.
The year this coin was made is 2023, and it is worth up to $600 on the coin market. For this, it needs a certificate of authenticity, which you can get from an American auction house.
How is the one cent coin worth $600?
The front of the penny that was made last year has Abraham Lincoln on it, but this one is different because it has the initials of the designer, Victor David Brenner, written on it: “VDB.” At first glance, it looks like a normal thing, but there is an extra “V” that makes it wrong.
The coin could be worth $600 because of this mistake. The expert website US First Exchange says there are a few things that can help you spot it: “How rare the coin or bill is, how good it is, and the market conditions or demand,” they say.
People who have this coin and want to sell it should talk to numismatic collectors. Heritage Auctions, Stack’s Bowers Galleries, and APMEX are some places that do this.
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