You Might Have a $1 Coin That’s Worth $13,500: Here’s What to Check

You Might Have a $1 Coin That’s Worth $13,500 Here’s What to Check

Coins can be worth much more than their face value, with the United States’ $1 dollar coin potentially worth up to $13,500.

To determine whether you own one of these rare coins, you must first understand their distinguishing characteristics and the factors that influence their value.

The coin in question is the Eisenhower Dollar, which was minted by the US Mint between 1971 and 1978. On the obverse side, the portrait of Dwight D. Eisenhower, the 34th President of the United States, is flanked by the words “LIBERTY, IN GOD WE TRUST,” and the year 1971.

How to identify this thousands-worth $1 coin?

It also bears a mint mark indicating where it was produced. The most commonly used marks are “D” for Denver and “S” for San Francisco. However, the absence of this mint mark can make this coin extremely valuable.

Here are some data you can check in your coin to see if it’s the one:

  • Portrait: Dwight D. Eisenhower
  • Words Inscribed: LIBERTY, IN GOD WE TRUST
  • Year: 1971
  • Mint Marks: “D” for Denver, “S” for San Francisco
  • Rarity: Absence of a mint mark increases value

The reverse side of the coin depicts a majestic eagle landing on the moon, with the Earth beautifully displayed in the background.

You Might Have a $1 Coin That’s Worth $13,500: Here’s What to Check
Source (Google.com)

The inscriptions said “UNITED STATES OF AMERICA, E PLURIBUS UNUM, and ONE DOLLAR.” However, what truly distinguishes this coin and makes it extremely rare is that some of them were minted without a mint mark.

This indicates that they were made at the Philadelphia Mint. Because of their scarcity, these coins are considered minting errors, which greatly increases their value.

The Allure of Minting Errors

According to the Professional Coin Grading Service (PCGS), a well-preserved $1 coin without a mint mark can be worth up to $13,500.

This is because rare coins, particularly those with minting errors, are in high demand among collectors, driving up their value in the numismatic market.

Do you think you might own one of these valuable coins? The first step is to determine whether the coin has a mint mark. If it’s missing, it’s a good sign that it was made in Philadelphia, which could significantly boost its value.

Additionally, the coin must be in excellent condition. Coins in pristine condition, with no signs of wear, are typically the most valuable.

If you believe you have a valuable coin, consider taking it to a pawn shop, consulting a numismatic expert, or gathering information from specialized groups on social media or websites such as eBay.

While not all rare coins command high prices, some may surprise you with a significant return if you decide to sell them.

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