RARE coins can be a chance to turn pocket change into thousands of dollars.
Enticed by the opportunity, many have taken to social media in search of tips to find hidden treasure.
One coin collector posted on TikTok to share a rare dime that could sell for $20,000.
A few key details make this Canadian coin so valuable.
DIMED OUT
According to Canadian Coin Hunter, the rare dime’s date is key to its value.
The year to look for is 1969.
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But it’s not just the actual year that’s important.
The size of the date is crucial.
A few dimes minted that year were made with an unusually large date.
The large print’s rarity makes the coin valuable.
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If the quality is high, it could be worth over $20,000 in Canada, or about $15,000 American dollars.
Quality is determined by coin graders like the Professional Coin Grading Service.
Grading a coin reliably can help ensure its legitimacy and improve its auction price.
COIN TRENDS
While the rare dime is from Canada, many in the U.S. could find this coin as well.
Due to their similar size and appearance to American coins, some Canadian dimes and pennies end up in circulation south of the border.
Sometimes the coins even make their way unnoticed into rolls of coins.
While many collect U.S. coins, foreign coins present an opportunity to build a valuable collection.
A rare coin grader recently told the U.S. Sun that because American coins have been collected for so long, starting with foreign coins can be a good choice for a beginner collector.
Young collectors are looking to family history and other countries they find interesting as a source of coins, he said.
However, rare and valuable American coins are still out there.
One rare penny worth $30,000 was recently found by an eight-year-old.
The child’s pretty penny looked “totally normal,” but had small details that added to the price.
Read More on The US Sun
One version of a common 2023 quarter could be worth $500.
One 1829 U.S. $5 coin sold for $3.8 million.
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